MAHESH BOLMAL (60 Points)
19 March 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14850 Points)
Replied 19 March 2019
No, interest earned on fixed deposit is not a part of turnover under GST ,
In GST aggregate turnover means the aggregate value of all taxable supplies (excluding paid under RCM) , exempt supply, export of goods or service, or both , inter-state supply of persons having the same pan to be computed on all India basis but excludes central Tax , state Tax , UTGST , IGST etc .
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