Accounting treatment for rebate under PMRPY scheme

A company is deducting EPF of it's employees, say Rs. 100, and it is eligible for rebate under PMRPY scheme, say Rs. 10. In the payroll of the company, it is showing EPF deducted Rs. 100 and PMRPY scheme Rs. (-10). It is recording the entry in the same way and paying EPF of Rs. 100.
The balance in the PMRPY scheme is as it is shown on the asset side of the Balance Sheet as receivable.
What will be the treatment of PMRPY scheme balance in this situation, as it is never ever to be received from government as it is paid by government directly to the employees EPF account.
Please help me with the following situation.