GST no other incomes..

Dear sir or madam
We have a business of water park. we pay GST on the income generated from it.
This month we have received an other income from sale of part of generator of ₹6000 ..
whether GST is applicable on such income.?
Replies (8)
Quick Summary
This discussion clarifies whether Goods and Services Tax (GST) is applicable to the sale of excess generator oil. The consensus is that GST is indeed applicable to the sale of oil used for a generator, even if it's considered 'other income' and disclosed in the balance sheet. It's important to confirm if Input Tax Credit (ITC) was claimed on the generator's purchase, as this can affect the GST treatment.

Generally Yes, GST is applicable for the sale of Genset.

(But, Are You avail ITC at the time of purchase of Genset)
Sir it's sale of excess generator oil
Originally posted by : Joshua Dsouza
Sir it's sale of excess generator oil

Please clear,

Is this sale of generator or Oil...??!

Oil sir used for generator
Sale of part of generator gst is applicable
(Oil sir used for generator...)

Yes, GST applicable for the sale of Oil.
Thank you sir 😊
D Souza disclosure in balance sheet as other income.

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