GST Registration Threshold Limit

This query is : Resolved

Maheswaran.N (Querist)
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21 February 2020
Please clarify whether in the following situation, GST registration is attracted.
Kindly tell the reasons for my understanding.

In a year, an individual receives Rent from let out of commercial property Rs.10 Lakhs
He also receives Interest on Loans of Rs.15 Lakhs,
Partner's remuneration from firms Rs.10 Lakhs and
Interest on Partner's capital from firms Rs.5 Lakhs.
Total Receipt in a year Rs.40 Lakhs

Thanks & Regards
Maheswaran.N

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 February 2020 GST registration not required as commercial rent is less than 40 lacs. Partners income and interst income are not within the purview of GST.