Hitze Boilers (P.) Ltd. {AUTHORITY FOR ADVANCE RULINGS}

Hitze Boilers (P.) Ltd. {AUTHORITY FOR ADVANCE RULINGS} :Date of Order : 15-09-2023In the case of Hitze Boilers (P.) Ltd., the issue before the Authority for Advance Rulings (AAR) in Karnataka revolved around whether a subsidy provided by the government should be excluded from the taxable value for calculating GST liability. Hitze Boilers had received a subsidy from the government, where 90% of the price of the goods was deposited in an escrow account by the government, and the remaining 10%...

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