my query is my rental income is 1500000/= and interest income is 500000/=
if there is any provision to take registration of gst . if yes than send me the notification.
6 Replies
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 23 November 2018
Law says aggregate turnover. aggregate turnover includes taxable and exempted turnover. So if aggregate turnover exceeds 20 lakhs, then you are liable for Registration
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 November 2018
Interest income from where...?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 November 2018
Better to ask separately...
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 November 2018
If interest from parties then the Value will be added into "Aggregate Turn Over".
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