top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

Whether interest income received/due on Lending of money need to be reported in GST return?

+1 vote
230 views
Whether interest income received/due on Lending of money need to be reported in GST return?
posted Nov 27, 2017 by Niharika Singh

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Though it is an exempt supply, it gets covered under outward supply as defined u/s 2(83), therefore it has to reported in Table 8 of GSTR-1.

answer Nov 28, 2017 by Prajwal C.m.
...