GST not leviable on Government Subsidy to Farmers: AAR

The authority of Advance Ruling ( AAR )  ruled  that the subsidy Amount received by farmers from the government cannot be covered under the ‘Value of taxable supply’. The applicant, MeghaAgrotech Private Limited is engaged in the business of manufacturing and supplying of LLDPE Pipes and micro-irrigation systems and its accessories. Under PMKSY Scheme,  Karnataka Government  de…