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Registration and gst liability

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Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2017 Sir
I am having the following Incomes:

1. Director's Salary from two Companies Rs,24 Lakhs P.A
2. Bank interest on Fixed Deposits Rs.12 Lakhs P.A
3. Professional Income Rs,15 Lakhs P.A
Now I am requesting all requirement of GST Registration and my GST Liability if any kindly clarify

Thank you

RAJA P M

RAJA P M (Expert)

27 July 2017 Above said way you don't want GST registration.
If you register voluntary under GST then only in service of professional based.
Salary and Bank interest can't applicable GST....

CA Saloni

CA Saloni (Expert)

28 July 2017 POint 1 & 2 don't come under the indirect tax....
Point 3 is your professional income which below the threshold requirement ie 20lcas.
But if you provide your services to interstate, you may get liable to register..

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