Inclusion of Interest Income in FORM GSTR 9

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....nclusion of Interest Income in FORM GSTR 9<br> Query (Issue) Started By: - Pradeep Singhi Dated:- 8-6-2019 Last Reply Date:- 14-6-2019 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Respected....

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.... Sir, Do we need to include interest income in total turnover in FORM GSTR-9 (Annual Return)? Reply By KASTURI SETHI: The Reply: Yes. If interest is in the course of business or furtherance of busi....

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....ness. If interest is part of taxable value, interest is already included in the value of outward supply. Otherwise it is to be shown against the column, &#39;exempt supply&#39;. Reply By Ganeshan Kal....

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....yani: The Reply: Interest income on account of what received ? Reply By Pradeep Singhi: The Reply: &quot;Services by way of extending deposits so far as the consideration is in the form of Interest....

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.....&quot; Please see exemption notification 12/2017-CGST(R).<br> Discussion Forum - Knowledge Sharing ....