GST Registration

[Kaustubh Karandikar]

XYZ is a Doctor (Proprietor) is running an ENT Hospital. Apart from his income from the hospital which is exempted from GST, he is also earning through Residential premises given on rent, capital gains, bank interest, FD interest, interest on loan given to a company, interest on PPF and dividend. All these incomes including from the hospital are exempted but is crossing the threshold limit of ₹ 20 Lacs. Is XYZ required to obtain GST Registration?

AI Summary

Doctor's GST Registration Not Required: Hospital Income Exempt, Other Income Not Business-Related Under CGST Act. A doctor running an ENT hospital, whose income from the hospital is exempt from GST, inquires whether GST registration is necessary due to additional income from rental properties, capital gains, bank interest, FD interest, loan interest, PPF interest, and dividends, all exceeding 20 lakhs. Three responses clarify that GST registration is not required. The first response explains that 'aggregate turnover' under the CGST Act includes only taxable supplies, not exempt ones. The second response notes that personal income such as interest is not for business purposes. The third response states that businesses dealing exclusively in exempt supplies are not liable for registration.