Page 151 - GSTL_ 28th May 2020_Vol 36_Part 4

2020 ] IN RE : ANIL KUMAR AGRAWAL 597
REPRESENTED BY : Shri Abhimanyu Kumar, CA & Authorised
Representative, for the Assessee.
[Order]. - Mr. Anil Kumar Agrawal, Flat # H-801, ETA Garden, Magadi
Road, Opp Binny Mills, Bangalore-560023, an unregistered person having User
ID 291900000213ART, has filed an application for Advance Ruling under Section
97 of CGST Act, 2017 read with Rule 104 of CGST Rules, 2017 & Section 97 of
KGST Act, 2017 read with Rule 104 of KGST Rules, 2017, in FORM GST ARA-01
discharging the fee of Rs. 5,000-00 each under the CGST Act and the KGST Act.
2. The Applicant is an unregistered person and is in receipt of various
types of income/revenue, mentioned as under :
(a) Partner’s salary as partner from my partnership firm,
(b) Salary as director from Private Limited company
(c) Interest income on partners fixed capital credited to partner’s capi-
tal account
(d) Interest income on partners variable capital credited to partner’s
capital account
(e) Interest received on loan given,
(f) Interest received on advance given
(g) Interest accumulated along with deposit/fixed deposit
(h) Interest income received on deposit/fixed deposit
(i) Interest received on Debentures
(j) Interest accumulated on debentures
(k) Interest on Post office deposits
(l) Interest income on National Savings certificate (NSCs)
(m) Interest income credited on PF account
(n) Accumulated Interest (along with principal) received on closure of
PF account.
(o) Interest income on PPF
(p) Interest income on National Pension Scheme (NPS)
(q) Receipt of maturity proceeds of life insurance policies
(r) Dividend on shares
(s) Rent on Commercial Property
(t) Residential Rent
(u) Capital gain/loss on sale of shares.
3. In view of the above, the applicant has sought advance ruling in re-
spect of the following questions :
(i) Out of the given sources of Income/Revenue which all revenue income shall
be considered for Aggregate Turnover for registration?
(ii) Out of given nature of income/revenue, when the supply, even if exempted,
need to be considered?
4. Admissibility of the application :
The applicant filed the instant application as an unregistered person, in
relation to the income/revenue being received by him and sought advance rul-
ing in respect of the questions mentioned at para 3 supra. The applicant claims
GST LAW TIMES  28th May 2020  151