TaxTMI 
TaxTMI 
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?
GST Registration
07 Dec 2018 
3 Replies 
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Aggregate turnover determines GST registration; exempt supplies and personal income exclusions mean no registration where only non-taxable receipts arise.
Registration depends on the composition of aggregate turnover: taxable supplies determine GST liability. Receipts that are wholly exempt or personal income not made in furtherance of business (such as interest on FDs/PPF, dividends, capital gains, rent for residential property, and exempt hospital receipts) do not compel registration. A person exclusively engaged in exempt or non-taxable supplies is not required to register under the GST framework even if total receipts exceed the monetary threshold, so long as those receipts are not taxable supplies. (AI Summary)
Registration depends on the composition of aggregate turnover: taxable supplies determine GST liability. Receipts that are wholly exempt or personal income not made in furtherance of business (such as interest on FDs/PPF, dividends, capital gains, rent for residential property, and exempt hospital receipts) do not compel registration. A person exclusively engaged in exempt or non-taxable supplies is not required to register under the GST framework even if total receipts exceed the monetary threshold, so long as those receipts are not taxable supplies. (AI Summary)