TaxTMI 
TaxTMI 
Is GST applicable on grants received for research and Devoleopment projects
GST Applicablity on Grants received
16 Jan 2018 
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GST on research grants: taxable when grants impose IPR or other counter obligations, otherwise exempt as non consideration.
GST on research grants depends on whether the grant is consideration for a supply: government grants in aid are exempt, while grants tied to a contractual obligation to transfer intellectual property or provide deliverables are taxable as payment for research services. (AI Summary)
GST on research grants depends on whether the grant is consideration for a supply: government grants in aid are exempt, while grants tied to a contractual obligation to transfer intellectual property or provide deliverables are taxable as payment for research services. (AI Summary)