Interest income reporting in gst return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 February 2018
Dear Fellow,
I work with a Real estate agency (Pvt Ltd co). we have lent some money and received interest and have also taken a loan from someone for which we pay interest.
Do I need to report these transactions on my GST return?
If yes then how?
I work with a Real estate agency (Pvt Ltd co). we have lent some money and received interest and have also taken a loan from someone for which we pay interest.
Do I need to report these transactions on my GST return?
If yes then how?
Expert : Anonymous
Expert :
Anonymous
(Expert)
14 February 2018
No need to show it in GST return
14 February 2018
GST is not applicable on Interest income.
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