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GST liabilitu on other income?

nitesh ( Assistant accountant) (65 Points)

23 August 2018

GST liability on interest reveived, rent received or any other income receive by company other than sale of finished goods should we liable to pay GST to the government?

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2 Replies

Bipin Kasera (6 Points)
Replied 23 August 2018

No liability on other income excluding service and goods.

nitesh ( Assistant accountant) (65 Points)
Replied 23 August 2018

Thanks
in our company we have received income like fine and penalty (exmple: in the company any helper smoking in prohibite area then we fine the penalty to the contractor or direct deduct from salary in this case what should about GST?)