Rajkot Nagarik Sahakari Bank Ltd {AUTHORITY FOR ADVANCE RULINGS, GUJARAT}

Rajkot Nagarik Sahakari Bank Ltd {AUTHORITY FOR ADVANCE RULINGS, GUJARAT} :Date of Order : 30-07-2021simplified explanation of the GST rulings concerning incentives provided by the Government to a bank under the Sahay Yojana scheme, based on the Authority for Advance Rulings (AAR) Gujarat: Nature of Incentive and GST Liability: Issue: Whether the incentive received by the bank under the Sahay Yojana scheme from the State Government is exempt from GST as a subsidy, and whether it should be excluded from the valuation...

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