https://www.taxtmi.com/circulars?id=64967 Services supplied by the Central, State or Union Territory governments to their undertakings or Public Sector Undertakings by way of guaranteeing loans taken from banking companies and financial institutions are exempt under Entry No. 34A of Notification No. 12/2017-(Rate). The Circular reiterates the GST Council's recommendation confirming this exemption, states it is clarificatory and not an interpretation of the Act or rules, and notes a deemed effective date with invitation to report implementation difficulties. en-us Mon, 21 Jun 2021 00:00:00 +0530 Thu, 22 Jul 2021 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64967 Services supplied by the Central, State or Union Territory governments to their undertakings or Public Sector Undertakings by way of guaranteeing loans taken from banking companies and financial institutions are exempt under Entry No. 34A of Notification No. 12/2017-(Rate). The Circular reiterates the GST Council's recommendation confirming this exemption, states it is clarificatory and not an interpretation of the Act or rules, and notes a deemed effective date with invitation to report implementation difficulties. Circulars GST - States Mon, 21 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64967