<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them</title>
    <link>https://www.taxtmi.com/circulars?id=65041</link>
    <description>Services supplied by Central or State Governments to their undertakings or Public Sector Undertakings by way of guaranteeing loans from banking companies and financial institutions are exempt from GST under the relevant exemption entry; the GST Council reaffirmed that government guarantees of loans to their undertakings or PSUs fall within that exemption, and implementation difficulties may be brought to the Commissioner of State Tax.</description>
    <language>en-us</language>
    <pubDate>Mon, 09 Aug 2021 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 27 Aug 2021 18:08:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=654159" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them</title>
      <link>https://www.taxtmi.com/circulars?id=65041</link>
      <description>Services supplied by Central or State Governments to their undertakings or Public Sector Undertakings by way of guaranteeing loans from banking companies and financial institutions are exempt from GST under the relevant exemption entry; the GST Council reaffirmed that government guarantees of loans to their undertakings or PSUs fall within that exemption, and implementation difficulties may be brought to the Commissioner of State Tax.</description>
      <category>Circulars</category>
      <law>GST - States</law>
      <pubDate>Mon, 09 Aug 2021 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=65041</guid>
    </item>
  </channel>
</rss>