GST on subsidy from SIDBI
P.K.Joshi (Chartered Accountant) (45 Points)
05 March 2020
Is GST applicable on subsidy received from SIDBI ?
4 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 March 2020
No.......... there is no GST applicable on subsidy from Govt .
(Refer Section 15)
(Refer Section 15)
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 March 2020
Yes... I agreed to Mr Pankaj Rawat Ji reply...
GST not applicable for the Subsidy.
GST not applicable for the Subsidy.
P.K.Joshi
(Chartered Accountant)
(45 Points)
Replied 06 March 2020
Thanks Pankaj and Raja for the answer
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