Incentives Received Under “Atma Nirbhar Gujarat Sahay Yojna” are not Subsidy, GST Leviable: AAR [Read Order]

Incentives Received Under “Atma Nirbhar Gujarat Sahay Yojna” are not Subsidy, GST Leviable, rules AAR
Incentives -Atma Nirbhar Gujarat Sahay Yojna-Subsidy-GST Leviable-AAR-TAXSCAN

The Gujarat Authority for Advance Ruling (AAR) ruled that the incentives received under “Atma Nirbhar Gujarat Sahay Yojna” are not Subsidy and hence GST is leviable on it. The State Government announced the “Atma Nirbhar Gujarat Sahay Yojna” wherein Nagarik Sahakari Banks (including Banks registered under Multi State Cooperative Act) and Cooperative Credit Societies were…

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