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GST Exemption can avail for consideration received in the form of Grant for the Services undertaken for Governmental Authority: AAR

The Authority for Advance Rulings (AAR), Uttarakhand has held that exemption of GST can avail for the consideration received in the form of a grant for the service undertaken for the government authorities. Garhwal Mandal Vikas Nigam Limited (GMVN Ltd.) is an undertaking of the Government of Uttarakhand which was to promote a steady and…

Source Taxscan

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