https://www.taxtmi.com/forum/issue?id=120893 Grant-in-aid received from Government to meet running expenditure or working capital does not attract GST merely by reason of receipt. GST applies only where the grant is linked to an identifiable supply of goods or services and therefore constitutes consideration. Financial assistance, budgetary support or subsidy without any obligation to supply specific goods, services or outputs falls outside the scope of supply. If the grant is conditional and performance-linked, it may become taxable consideration, depending on the terms of sanction and the nexus with supply. en-us Fri, 01 May 2026 12:19:32 +0530 Mon, 04 May 2026 17:26:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120893 Grant-in-aid received from Government to meet running expenditure or working capital does not attract GST merely by reason of receipt. GST applies only where the grant is linked to an identifiable supply of goods or services and therefore constitutes consideration. Financial assistance, budgetary support or subsidy without any obligation to supply specific goods, services or outputs falls outside the scope of supply. If the grant is conditional and performance-linked, it may become taxable consideration, depending on the terms of sanction and the nexus with supply. Discussion-Forum GST Fri, 01 May 2026 12:19:32 +0530 https://www.taxtmi.com/forum/issue?id=120893