https://www.taxtmi.com/highlights?id=59279 Valuation - Reduction of subsidy for arriving at Ex-factory value in order to collect the GST on goods supplied to the customer under the rooftop solar project - The taxable Value on Tax invoice issued to the Customer shall be arrived after deducting the subject Subsidy from ‘System Cost’ and GST liability is on the Taxable Value. - There shall be no implication of Section 17(2) CGST Act, if taxable value is arrived after subtracting the subsidy amount from the system price. - AAR en-us Wed, 18 Aug 2021 18:20:24 +0530 Wed, 18 Aug 2021 18:20:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59279 Valuation - Reduction of subsidy for arriving at Ex-factory value in order to collect the GST on goods supplied to the customer under the rooftop solar project - The taxable Value on Tax invoice issued to the Customer shall be arrived after deducting the subject Subsidy from ‘System Cost’ and GST liability is on the Taxable Value. - There shall be no implication of Section 17(2) CGST Act, if taxable value is arrived after subtracting the subsidy amount from the system price. - AAR Highlights GST Wed, 18 Aug 2021 18:20:24 +0530 https://www.taxtmi.com/highlights?id=59279