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of <h1>GST Service Codes Explained: 997171 for Holding Companies, 997172 for Pooling Financial Assets Without Management.</h1> The classification of services related to holding financial assets under the GST Scheme. It includes specific service codes for different types of asset holding. Service code 997171 pertains to services provided by holding companies that hold equity in subsidiary companies to maintain a controlling interest. Service code 997172 covers services offered by legal entities that pool securities or other financial assets on behalf of shareholders or beneficiaries without managing them. These classifications are based on the United Nations Central Product Classification.
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