Threshold for GST

This discussion clarifies whether bank interest and rent income are included in the aggregate turnover for GST threshold purposes. The aggregate turnover encompasses all supplies, including taxable, exempt, and non-taxable. In the provided example, with a total turnover exceeding 20 lakhs due to savings account interest, term deposit interest, residential rent, and commercial shop rent, GST registration is required. However, GST is only payable on the rent from the commercial shop, as other income sources are exempt.