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Vehicle loan provider- gst applicability

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Student and Hyper learner
166 Points Joined April 2009
I am a vehicle loan provider for Two wheeler and Four wheeler. Do I need to register in GST. I have yearly turnover more than 20 lakhs. I am collecting income as Interest and processing fees. Please help me to find whether I need to register in GST.
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On 04 July 2017 at 22:22 Report
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17 Points Joined June 2017
Yes u are under the criteria of registration for GST and your rate will be, 18%
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On 04 July 2017 at 22:53
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2 Points Joined May 2017
in the definition of turnover
what is include in your turnover??
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On 05 July 2017 at 00:41
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Student and Hyper learner
166 Points Joined April 2009
Thanks. My turnover is interest income and processing fees ... Under which SAC I need to register...
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On 05 July 2017 at 12:04

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