should interest income from deposits be counted for consideration for registration under gst

[Anurag Dhawan]

should individual having rental incomes of say 15.00 lacs and interest income from PPF, Partners interest of rs 10.00 lacs will have to take GST registration. Kindly advise

AI Summary

GST Registration Required for Rental and Interest Income Over Threshold, Says Gujarat Authority for Advance Ruling An individual with rental income of 15 lakhs and interest income from deposits totaling 10 lakhs is inquiring about the necessity of GST registration. The response indicates that GST registration is required, referencing a decision by the Authority for Advance Ruling in Gujarat. This decision suggests that interest income should be considered when determining the threshold for GST registration. The discussion includes acknowledgments and thanks among the participants for sharing relevant information and legal citations.