GST Reporting of interest income received / due on Lending of money

By | June 8, 2017
(Last Updated On: June 8, 2017)

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

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

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GST Reporting of interest income received / due on Lending of money

 

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