GST on subsidy from SIDBI

P.K.Joshi (Chartered Accountant) (45 Points)

05 March 2020

Is GST applicable on subsidy received from SIDBI ?

Reply
Follow
Share

4 Replies

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 05 March 2020

No.......... there is no GST applicable on subsidy from Govt .

(Refer Section 15)

1 Like

RAJA P M ("Do the Right Thing...!!!") (127453 Points)
Replied 06 March 2020

Yes... I agreed to Mr Pankaj Rawat Ji reply...

GST not applicable for the Subsidy.

P.K.Joshi (Chartered Accountant) (45 Points)
Replied 06 March 2020

Thanks Pankaj and Raja for the answer

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 06 March 2020

You are always welcome

Start a New Discussion

view all classess

Forum Home