Services of holding financial assets classified under GST as holding equity of subsidiaries and holding securities of pooled funds. Classification under GST designates services of holding financial assets into subcategories: holding equity of subsidiaries by holding companies that exercise control, and holding securities and other assets of trusts, funds and similar pooled entities where legal entities pool assets on behalf of shareholders or beneficiaries without performing asset management.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Services of holding financial assets classified under GST as holding equity of subsidiaries and holding securities of pooled funds.
Classification under GST designates services of holding financial assets into subcategories: holding equity of subsidiaries by holding companies that exercise control, and holding securities and other assets of trusts, funds and similar pooled entities where legal entities pool assets on behalf of shareholders or beneficiaries without performing asset management.
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