Subsidy paid by Government is deductible for arriving at taxable value for chargeability of GST
Last updated: 30 August 2021
Court :
Gujarat Authority of Advance Ruling (GAAR)
Brief :
In M/s. Greenbrilliance Renewable Energy LLP [ADVANCE RULING NO. GUJ/GAAR/R/34/2021 dated July 30, 2021] M/s. Greenbrilliance Renewable Energy LLP ("the Applicant") is a channel partner to execute the solar rooftop system in Gujarat under the Surya Gujarat Yojna ("SGY Scheme"), and has submitted that under SGY Scheme, beneficiaries can avail benefits of 40% subsidy on solar system cost upto 3KW and 20% subsidy of solar system cost for systems from 3KW-10KW.
Citation :
ADVANCE RULING NO. GUJ/GAAR/R/34/2021 dated July 30, 2021
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Bimal Jain
Published in GST
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