https://www.taxtmi.com/highlights?id=53430 Benefits of Investment subsidy - the Petitioners are entitled to have the benefit of Investment Subsidy to an extent of 25% of the infrastructure cost , subject to a ceiling of the Sales Tax / VAT / CST paid in the State for the first ' five ' years - Respondents-State are permitted to set off / adjust the investment subsidy payable to the Petitioners, against the tax liability to be cleared by the Petitioners in respect of any past, present or future transactions. en-us Tue, 19 May 2020 10:25:40 +0530 Tue, 19 May 2020 10:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53430 Benefits of Investment subsidy - the Petitioners are entitled to have the benefit of Investment Subsidy to an extent of 25% of the infrastructure cost , subject to a ceiling of the Sales Tax / VAT / CST paid in the State for the first ' five ' years - Respondents-State are permitted to set off / adjust the investment subsidy payable to the Petitioners, against the tax liability to be cleared by the Petitioners in respect of any past, present or future transactions. Highlights VAT and Sales Tax Tue, 19 May 2020 10:25:40 +0530 https://www.taxtmi.com/highlights?id=53430