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    <title>GST on service supplied by State Government to their undertakings or PSUs by way of guaranteeing loans taken by them</title>
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    <description>Guarantees issued by Central or State Governments for loans taken by their undertakings or public sector undertakings are specifically exempt from GST under Entry No. 34A of Notification No. 38/1/2017-Fin(R&amp;C)(12/2017-Rate), and the GST Council has recommended reiteration of this exemption; the Goa Commissioner of Commercial Taxes has issued a circular reaffirming this position and inviting reports of implementation difficulties.</description>
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