Dear Sir,
Request you to clarify below regarding GST.
I am getting Rs 4.5 Lakhs from rent income and I am getting Rs 21 Lakhs interest income from FDs. Please let me know whether I should register for GST and whether to pay GST.
Thank you,
With Regards,
Rajanna
Bangalire
In my opinion yes since aggregate turnover includes both taxable and exempt supplies and clubbing both together your aggregate turnover exceeds Rs 20 Lakhs
Thank you sir. Yes my rent income is from house given for residential purpose and my interest income is from bank FDs.
Thank you very much sir
CAclubindia
