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    <title>Regarding GST on services provided by Business Facilitator (BF) or Business Correspondent (BC) to banking companies</title>
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    <description>GST on services provided by Business Facilitator or Business Correspondent to banking companies is clarified by reference to the Central Board circular dated 01.01.2019. Since equivalent provisions exist under the Uttar Pradesh SGST Act and Rules, the facts and guidance in the central circular are stated to be equally applicable under the Uttar Pradesh SGST framework. The communication forwards the circular to subordinate officers and requests appropriate compliance instructions.</description>
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      <description>GST on services provided by Business Facilitator or Business Correspondent to banking companies is clarified by reference to the Central Board circular dated 01.01.2019. Since equivalent provisions exist under the Uttar Pradesh SGST Act and Rules, the facts and guidance in the central circular are stated to be equally applicable under the Uttar Pradesh SGST framework. The communication forwards the circular to subordinate officers and requests appropriate compliance instructions.</description>
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