int earned on fixed deposit whether part of turnover under GST

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Kindly clarify whether interest earned on fixed deposit forms part of turnover under GST
Replies (2)

No, interest  earned on fixed deposit is not  a part of turnover under GST , 

In GST aggregate turnover means the aggregate value of all  taxable supplies  (excluding paid under RCM) , exempt supply, export of goods or service, or both , inter-state supply of  persons having the same pan to be computed on all India basis but   excludes  central  Tax , state Tax , UTGST  , IGST  etc . 

but interest from bank is exempt

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