PMEGP SUBSIDY GRANTED BY GOVERNMENT , WHETHER IT IS TAXFREE OR TAXABLE IN CASE OF NEW UNIT
PMEGP SUBSIDY
ANURAGKUMAR YADUKA
GST treatment of government subsidy: PMEGP subsidy is treated as tax-free and does not attract GST. Subsidy granted by the government under PMEGP to a new unit is treated as not attracting GST and is tax-free in GST, focusing on the indirect tax treatment rather than income tax implications. (AI Summary)
TaxTMI
TaxTMI