TaxTMI 
TaxTMI 
Does an Assessee required to disclose interest received on fixed deposits, sweep account, dividend on mutual funds, discount received, profit on the sale of assets in GST ANNUAL RETURN? If yes there in which column we should disclose in GSTR-9 & 9C?
INCLUSION OF INTEREST INCOME & DIVIDEND IN GST ANNUAL RETURN
02 Jan 2020 
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Disclosure of interest and dividend in GST annual returns may affect exempted supplies classification and reconciliation adjustments.
The document records divergent practitioner views on disclosing interest, dividends, discounts and profit on sale of assets in GST annual returns: some advise no disclosure in GSTR 9, others recommend declaring such receipts as exempted supplies (Table 5/5D) and reflecting them in GSTR 9C, while several suggest recording them as reconciliation adjustments in GSTR 9C to avoid input tax credit reversal and reconciliation variances between financial statements and GST returns. (AI Summary)
The document records divergent practitioner views on disclosing interest, dividends, discounts and profit on sale of assets in GST annual returns: some advise no disclosure in GSTR 9, others recommend declaring such receipts as exempted supplies (Table 5/5D) and reflecting them in GSTR 9C, while several suggest recording them as reconciliation adjustments in GSTR 9C to avoid input tax credit reversal and reconciliation variances between financial statements and GST returns. (AI Summary)