Interest income
This query is : Resolved
02 May 2019
Whether should I consider interest income while calculating basis exemption amount in "Aggregate Turnover " for the purpose of GST registration ,e.g. I have 12 lakhs as Rent income from commercial property and 15 lakhs as bank interest.
Please guide
Dhirendra
Please guide
Dhirendra
02 May 2019
Interest income is outside the purview of GST, need not be considered while calculating basic exemption amount in "Aggregate Turnover " for the purpose of GST registration.
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