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    <title>GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them</title>
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    <description>Guaranteeing loans taken by undertakings or Public Sector Undertakings from banking companies and financial institutions, when provided by Central or State Government to their own undertakings or PSUs, is exempt from GST under the relevant tax rate notification entry; the circular reiterates this exemption per the GST Council recommendation and requests reporting of implementation difficulties to the Commissioner&#039;s office.</description>
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      <title>GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them</title>
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      <description>Guaranteeing loans taken by undertakings or Public Sector Undertakings from banking companies and financial institutions, when provided by Central or State Government to their own undertakings or PSUs, is exempt from GST under the relevant tax rate notification entry; the circular reiterates this exemption per the GST Council recommendation and requests reporting of implementation difficulties to the Commissioner&#039;s office.</description>
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