Of the below mentioned list , please tell me which is exempted and which is non gst supply-
1. Bank charges.
2. Interest charges.
3. Salaries.
4. Office Maintenance exp.
5. Printing and stationary.
6. Telephone bill.
7. Office Rent.
At present, following items are kept outside the purview of GST in India:
1) Alcohol for human consumption
2) Petroleum products: Petroleum Products such as petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel etc.
There is other Supplies also as discribed under Schedule III of the GST Act as “Neither goods nor services” Which is not considered as supply as per GST Act.
Answer to your query
1.Bank charges is taxable
2.Interest is exempt on loan and advance, other interst taxable
3.Salary is not supply as per schedule III
4 to 5 all taxable supply except received from unregistered person.
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