Case Law Details
In re Rajkot Nagarik Sahakari Bank Ltd. (GST AAR Gujarat)
1. whether the incentives received under ‘Atma Nirbhar Gujarat Sahay Yojna’ dated 16.05.2020 declared by the Gujarat Govt. could be considered as subsidy and not chargeable to tax?
2. whether the incentive received under said scheme could be considered as supply of service under the provisions of Section 7 under CGST Act?
3. whether the incentive received under said scheme if considered as supply then would it be covered under Sub Section 2 of Section 7 of CGST Act?
4. whether the incentive received under said scheme could be considered as excluded from the value of taxable supply under clause (e) of Sub Section 2 of Section 15 of CGST Act, 2017.
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