Bank interest in GSTR 9

Kevin (Mr.) (41 Points)

09 July 2019

Do we have to show bank interest and dividend in GSTR 9?

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7 Replies

rishi (student) (408 Points)
Replied 09 July 2019

interest is part of exempt turnover but dividend is not included in turnover. hence include interest in exempt turnover in gstr9

Kevin (Mr.) (41 Points)
Replied 09 July 2019

So we have to show interest for the period July-March 2018 in the Annual Return for 2017-18?

rishi (student) (408 Points)
Replied 09 July 2019

yes, in my opinion, you have to

Kevin (Mr.) (41 Points)
Replied 09 July 2019

Okay. Thank you!

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 09 July 2019

No no need to show bank interest or Dividend in 3B

subhagan sreerangam (7059 Points)
Replied 09 July 2019

Clear clarification

Kevin (Mr.) (41 Points)
Replied 10 July 2019

@ Pankaj Rawat Sir, do you have the link to any circular to that effect?

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