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Bank Interest and FD Interest Income
Are Bank Interest and FD Interest income require to be shown as exempt supply?
Replies (4)
No.............................. you can show but there is no hard & fast rule for the same .
@ pankaj
it's wrong.
it's wrong.
What is wrong ??
Give clear cut reply
Give clear cut reply
Bank Interest or F.D Interest are not at all 'Supply'.(exempted or taxable is another issue).they do not interpret or caste 'Turnover' or 'Supply'. They are totally out of the purview of G.S.T.
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