Interest & house rent

This discussion clarifies GST registration requirements for individuals with both rental and interest income. The consensus is that if rental income is from residential property (an exempt supply) and interest income is from FDs, and these are the only income sources, then GST registration is not required even if the aggregate turnover exceeds the Rs 20 lakh threshold. This is because only taxable supplies are considered for registration thresholds when exempt supplies are the sole source of income.