GST ON FERTILIZER SUBSIDY

Hi


what are the provisions in GST ACT on Fertilizer products subsidy being released by Government
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Quick Summary
This discussion clarifies the treatment of government fertiliser subsidies under the GST Act. It confirms that subsidies released by the government are not included in the value for the payment of tax. This is in line with Section 15 of the GST Act, which specifies that subsidies are not part of the taxable value.

Subsidy will not be included in value for payment of tax. Refer section 15
Subsidy is not included

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