Should we not subtract the Government subsidy received?

Indirect Taxation

In the question its said the list price takes into account the 2 subsidies. Hence shouldn't we subtract the Gov subsidy from the list price? Video Details ------------- Indirect Tax Laws - GST - Final - (New) Value of Supply (Final) #12. Illustration #6

Manu Jacob

CA Final

★ 6K+

13-Feb-25 14:54

239

Answers (1)

When they say it takes into account "It means that subsidy is already reduced"

Shiva Teja

Faculty

14-Feb-25 21:48