Bank Interest and FD Interest Income
vijaykumar sindhi (CA) (113 Points)
08 December 2019
Are Bank Interest and FD Interest income require to be shown as exempt supply?
vijaykumar sindhi (CA) (113 Points)
08 December 2019
Pankaj Rawat
(GST Practitioner)
(55032 Points)
Replied 10 December 2019
CMA M.Keerthi chandra
(C.A FINAL STUDENT AND QUALIFIED C.M.A)
(561 Points)
Replied 22 February 2020
Bank Interest or F.D Interest are not at all 'Supply'.(exempted or taxable is another issue).they do not interpret or caste 'Turnover' or 'Supply'. They are totally out of the purview of G.S.T.
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