R&D services funded by grant treated as supply under Section 7 CGST; exemption denied for missing s.35(1) proof

R&D services funded by grant treated as supply under Section 7 CGST; exemption denied for missing s.35(1) proofCase-LawsGSTAAR held that the R&D activity performed by the applicant for a Government research institution under a grant-in-aid arrangement con

R&D services funded by grant treated as supply under Section 7 CGST; exemption denied for missing s.35(1) proof
Case-Laws
GST
AAR held that the R&D activity performed by the applicant for a Government research institution under a grant-in-aid arrangement constitutes a “supply” under Section 7 of the CGST Act, notwithstanding absence of IP transfer, because the activity was performed for consideration. Although Notification No. 08/2024 inserts an exemption for R&D services funded by gran

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