AGGREGATE TURNOVER AND PPF & FDR INTERST
This query is : Resolved
DEVI SINGH PARIHAR
(Querist)
05 December 2020
While calculating aggregate turnover for calculating threshold limit for applicability of GST registration whether Interest recd. on PPF account, Bank FDR & saving account have to be added or not because as per recent decision of AAR Gujrat Interest recd. on PPF account, Bank FDR & saving account shall include while calculating threshold limit for GST Registration. Pls reply
CA R SEETHARAMAN
(Expert)
05 December 2020
These are non GST items hence need not be included under aggregate turnover.
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