https://www.taxtmi.com/circulars?id=64888 Services supplied by Central or State Governments to their undertakings or PSUs by way of guaranteeing loans from banking companies and financial institutions are exempt from GST under Entry No. 34A of Notification No. 12/2017-Central Tax (Rate); the CBIC circular reiterates this exemption and the Maharashtra tax administration has directed that the circular be applied mutatis mutandis under the Maharashtra GST Act, 2017, inviting reports of implementation difficulties. en-us Fri, 02 Jul 2021 00:00:00 +0530 Sat, 03 Jul 2021 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64888 Services supplied by Central or State Governments to their undertakings or PSUs by way of guaranteeing loans from banking companies and financial institutions are exempt from GST under Entry No. 34A of Notification No. 12/2017-Central Tax (Rate); the CBIC circular reiterates this exemption and the Maharashtra tax administration has directed that the circular be applied mutatis mutandis under the Maharashtra GST Act, 2017, inviting reports of implementation difficulties. Circulars GST - States Fri, 02 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64888