21 August 2017
Sir my commercial rental income is around 6 lakhs per annum. Other than that I have income sources of -Interest from fixed deposits and Wind mills - power generation aggregate crossing 1 crore per annum (Both of which comes under GST EXEMPTED LIST)will I still be liable to get registered under GST OR NOT?
21 August 2017
"aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies. Since your aggregate turnover is crossing the thresh hold limit, you need to register under GST