Government grant to meet day-to-day expense not taxable under GST: Kerala HC

Kerala Infrastructure And Technology For Education Vs Union of India (Kerala High Court) Kerala High Court held that receipt of government grant to meet day-to-day expenses cannot be deemed to be consideration for provisions of goods or services and hence GST not leviable on the same. Facts- The petitioner is a Company registered u/s. 8 of the Companies Act, 2013 and is an entity registered u/s. 12AA of the Income Tax Act, 1961. 99.99% of its shares are held by the Government of Kerala. Notably, the entire funding of the petitioner is by the Government through the Kerala Infrastructure Investm...