https://www.taxtmi.com/caselaws?id=385032 The Authority for Advance Ruling, Gujarat, ruled that M/s. Gujarat State Financial Services Ltd and other Gujarat State owned entities are related persons under the GST Acts due to the State Government's shareholding. Additionally, GST will not be chargeable on notional processing fees provided by GSFS to Gujarat state owned entities as the consideration is solely based on interest, falling under exemptions for such services from GST. en-us Thu, 27 Jun 2019 00:00:00 +0530 Tue, 11 Mar 2025 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385032 The Authority for Advance Ruling, Gujarat, ruled that M/s. Gujarat State Financial Services Ltd and other Gujarat State owned entities are related persons under the GST Acts due to the State Government's shareholding. Additionally, GST will not be chargeable on notional processing fees provided by GSFS to Gujarat state owned entities as the consideration is solely based on interest, falling under exemptions for such services from GST. Case-Laws GST Thu, 27 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385032