Professional service income is 18 lakhs and income from interest is 4 lakhs. Is the GST limit exceeded in this case?
Rajat Sharma (3 Points)
21 July 2023Professional service income is 18 lakhs and income from interest is 4 lakhs. Is the GST limit exceeded in this case?
NARENDRA
(ACCOUNTS MANAGER)
(1586 Points)
Replied 25 July 2023
Interest income is not your professional income so i think & if you want ,you can still get away from the gst registrations . Please correct me if I am wrong.
Rajat Sharma
(3 Points)
Replied 25 July 2023
@ Raja P M
From loan given to friend, form savings bank and from FD
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