Taxcharcha
GSTLatest

Clarification regarding GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them

GST rate notifications

The CBIC has clarified that there should be No GST on service of State Government on guaranting the loan provided to their undertakings or PSUs.

To view and download the circular click here Circular

Related posts

Notification no. 30/2018 – Central Tax (Rate) – Seeks to insert explanation in an item in notification no. 11/2017 – central tax (rate) by exercising powers conferred u/s. 11(3) of CGST Act 2017

Team Taxcharcha

Notification No. 19/2020-Central Tax – Class of persons other than Individuals who shall undergo AADHAR authentication to be eligible for GST registration

Team Taxcharcha

Rule 8AB of Income tax rules to tax the specified entity under section 45(4)

Team Taxcharcha