umesh hegde asked 3 years ago
WHERE TO SHOW INCOME FROM FIXED DEPOSIT , INT. FROM S/B AC., LIC POLICY MATURED AMOUNT IN GST RETURN
i had income from int. from s/b ac., int. from fixed deposit and lic matured claim. and capital gain from sale of land.
My question is how i declare it in GST return? IT must be showed in GSTR 3B ? or both in GSTR-1 AND GSTR-3B ?
Int. from FD is exempt. amount received from LIC doesn’t attract GST Neither it is considered part of aggregate turnover & Sale of Land (immovable property) is not a supply See Schedule III