Section 9 in The Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Form of Annual Statement of Accounts and Records) Rules, 2016
9. Government Grant/subsidies
9.1Government grants of the nature of contribution towards capital cost of setting up projects are treated as Capital Reserve.9.2Grants in respect of specific fixed assets acquired are shown as a deduction from the cost of the related assess.9.3Government grants/subsidy are accounted on realization basis.
