https://www.taxtmi.com/schedules?id=10257 Services by Central, State or Union territory governments consisting of guaranteeing loans taken by their undertakings or Public Sector Undertakings are exempt from GST when such loans are from banking companies and entities meeting the statutory definition of financial institution as set out in clause (c) of section 45 I of the Reserve Bank of India Act, 1934; the exemption applies specifically to guarantees furnished by the government to its own undertakings or PSUs. en-us Mon, 30 Jul 2018 12:47:00 +0530 Tue, 18 Feb 2025 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/schedules?id=10257 Services by Central, State or Union territory governments consisting of guaranteeing loans taken by their undertakings or Public Sector Undertakings are exempt from GST when such loans are from banking companies and entities meeting the statutory definition of financial institution as set out in clause (c) of section 45 I of the Reserve Bank of India Act, 1934; the exemption applies specifically to guarantees furnished by the government to its own undertakings or PSUs. Schedules GST Mon, 30 Jul 2018 12:47:00 +0530 https://www.taxtmi.com/schedules?id=10257