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All QuestionsCategory: GST CompliancesForm 3B for banking company
Anshul tiwari asked 3 years ago

Form 3B for banking company

Do we need to file details of interest paid on deposits in case of banking company, under non GST items in GSTR3B ??

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1 Answers
Profile photo of Deepak Bholusaria, CADeepak Bholusaria, CA answered 2 years ago

Interest paid by banks on deposit is an exempt supply.