https://www.taxtmi.com/caselaws?id=411161 The Authority for Advance Ruling (AAR) ruled that the subsidy provided by the government should not be included in the value of supply for GST purposes in the context of a solar project. The taxable value for GST calculation should be determined after deducting the subsidy from the system cost, with the GST liability based on this reduced value. Additionally, it was clarified that there would be no impact of Section 17(2) of the CGST Act when deriving the taxable value after subtracting the subsidy amount. The applicant must pay the GST amount included in the subsidy to the government as per constitutional and statutory provisions. en-us Fri, 30 Jul 2021 00:00:00 +0530 Wed, 26 Mar 2025 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411161 The Authority for Advance Ruling (AAR) ruled that the subsidy provided by the government should not be included in the value of supply for GST purposes in the context of a solar project. The taxable value for GST calculation should be determined after deducting the subsidy from the system cost, with the GST liability based on this reduced value. Additionally, it was clarified that there would be no impact of Section 17(2) of the CGST Act when deriving the taxable value after subtracting the subsidy amount. The applicant must pay the GST amount included in the subsidy to the government as per constitutional and statutory provisions. Case-Laws GST Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411161