Annual Aggregate Turnover (AATO) New Functionality

Annual Aggregate Turnover (AATO) plays a vital role in Goods and Service Tax (GST). It determines the eligibility for GST registration, composition scheme, Quarterly Return Filing and Monthly Payment of Taxes QRMP, GSTR-9C filing etc.

The AATO functionality comes with the following features

• A view the exact AATO for the previous Financial Year FY. Also view the aggregate turnover of the current FY based on the returns filed to date.

• An individual can update the AATO if feel that the system calculated turnover differs from the turnover as per your records.

• One has to consider all GST Identification Numbers GSTINs registered using PAN while updating the turnover in the AATO facility.

• The facility sums up all the changes in the turnover made by any GSTIN to compute the AATO of other GSTINs.

• The AATO can be ammended twice within May 2022. After that, the figures submitted by you will be frozen and sent to the jurisdictional officer for review.

New Functionality Implemented

GSTN has implemented a new functionality on taxpayers dashboards with the following features,

• The taxpayers can now see the exact Annual Aggregate Turnover AATO for the previous FY, instead of just the two slabs of above or upto Rs. 5 Cr. 

• The taxpayers can also see the Aggregate Turnover of the current FY based on the returns filed till date.

• The taxpayers have also now been provided with the facility of turnover update in case taxpayers feel that the system calculated turnover displayed on their dashboard varies from the turnover as per their records.

Things not the part of AATO

The below-given charges must be excluded while calculating accumulated turnover:

• Taxes with respect to CGST, SGST or IGST Acts
• Value of taxes payable on reverse charge mechanism
• Value of inward supplies of goods and services
• Value of Non-taxable supplies of goods or services like Alcohol, Petrol etc.