TaxTMI 
TaxTMI 
Individual Case
The rental income from the commercial property is Rs. 19 lakh per year.
Apart from this, also earn around Rs. 5 lakh in interest from fixed deposits (FDs).
So, will have to obtain a GST registration or not?????
GST Registration Query........
04 Jul 2026 
14 Replies 
1001 Views Asked by
GST registration threshold turns on whether fixed deposit interest counts in aggregate turnover for registration purposes.
GST registration threshold for rental income and fixed deposit interest turns on whether fixed deposit interest is included in aggregate turnover. One view treats interest on deposits as an exempt supply and counts it for registration purposes. Another view says the depositor makes no supply, so the interest cannot be added to aggregate turnover. The discussion contrasts statutory definitions, exemption treatment, FAQs, advance rulings, and the distinction between consideration and supply. (AI Summary)
GST registration threshold for rental income and fixed deposit interest turns on whether fixed deposit interest is included in aggregate turnover. One view treats interest on deposits as an exempt supply and counts it for registration purposes. Another view says the depositor makes no supply, so the interest cannot be added to aggregate turnover. The discussion contrasts statutory definitions, exemption treatment, FAQs, advance rulings, and the distinction between consideration and supply. (AI Summary)