No exclusion of Govt subsidy granted to farmer from transaction value

In re M/s Megha Agrotech Private Limited (AAR Karnataka) a) Whether under section 15(2)(e) of CGST Act, for calculating ‘value if taxable supply’, the subsidy amount granted to the farmer by Horticulture / Agriculture / Sericulture Department of Government of Karnataka under PMKSY scheme or any other Central / State Government approved schemes but disbursed to the supplier to be treated as ‘subsidy’ in the hands of the supplier and to be excluded while ascertaining the ‘transaction value’? The amount of assistance received by the farmer or on account of the ...