Interest income gst returt


This query is : Resolved 

Quick Summary
This discussion clarifies whether interest income and capital gains should be included in your GST return. Generally, interest earned from bank accounts or fixed deposits, and capital gains from mutual funds or security/commodity transactions are not subject to GST. However, if interest income is directly related to business activities, it may need to be declared.

(Querist)
15 January 2024 Do we need to show inters income or capital gain in GST return?

RAJA P M (Expert)
15 January 2024 If it's received through the business then yes...

16 September 2025 Interest from Bank accounts or FD & capital gains made from MF or security/commodity transactions on exchange/s are out of ambit of GST.


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