https://www.taxtmi.com/caselaws?id=443500 AAR Karnataka ruled that subsidies received from Central/State Government cannot be excluded from GST valuation when determining supply value. The supplier invoiced the full contract price to the recipient, with subsidies paid into an escrow account as part of the price payable by the recipient. Since the subsidies were not directly linked to or affecting the supply price, and the contract price remained recoverable regardless of subsidy provision, Section 15(2)(e) exclusion was inapplicable. The transaction value constituted the full value of supply for GST liability purposes. en-us Fri, 15 Sep 2023 00:00:00 +0530 Sat, 19 Apr 2025 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443500 AAR Karnataka ruled that subsidies received from Central/State Government cannot be excluded from GST valuation when determining supply value. The supplier invoiced the full contract price to the recipient, with subsidies paid into an escrow account as part of the price payable by the recipient. Since the subsidies were not directly linked to or affecting the supply price, and the contract price remained recoverable regardless of subsidy provision, Section 15(2)(e) exclusion was inapplicable. The transaction value constituted the full value of supply for GST liability purposes. Case-Laws GST Fri, 15 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443500