AAP labels GST on research grants as 'tax terrorism', seeks withdrawal

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AAP labels GST on research grants as 'tax terrorism', seeks withdrawal - Business Standard

Quick Summary:

The Modi government has issued a notice to all institutes, proposing to impose GST on research grants received since 2017, he said, adding that it was a double layer of taxation since a part of the grants is used on consumables and equipment that are already taxed.

For the first time in history, a government is imposing a tax on grants received by research institutes, AAP general secretary (organisation) Sandeep Pathak said at a press conference.

The Aam Aadmi Party (AAP) slammed the BJP-led central government on Saturday over the imposition of Goods and Services Tax (GST) on research grants, describing the move as "tax terrorism".