Interest income rs 500000 and rent receipts rs 1700000 Liable to GST?

Interest income rs 500000 and rent receipts rs 1700000 Liable to GST?

Add Comment
2 Answer(s)

Interest income is not covered under GST regime. So, registration under GST is optional turnover reaches upto 20 lakhs.

Answered on July 22, 2017.
Add Comment

Interest income not covered in GST. Its a part of direct tax i.e Income Tax and supply of goods and services limit is 20 lacs. so not covered in GST.

Answered on July 22, 2017.
Add Comment

Your Answer

Gen GST