Gas subsidy taxable or not?
Prachi Aneja (58 Points)
07 March 2018
Whether the gas subsidy will be taxable or not? Please give answer referring the relevant section or case laws.
5 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 March 2018
No.... GAS subsidy is not taxable..
Divakar
(Student CA Final )
(11857 Points)
Replied 07 March 2018
subsidies directly linked to the price excluding subsidies provided by the
Central Government and State Governments. Plz refer section 15 of cgst act
Central Government and State Governments. Plz refer section 15 of cgst act
Divakar
(Student CA Final )
(11857 Points)
Replied 07 March 2018
So gas subsidy is not taxable in gst... As this is provided by government
Shrinidhi Rao Karval
(Article Assistant)
(158 Points)
Replied 07 March 2018
Wrt income tax , its not taxable. Capital receipt.
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