GST relief granted to holding companies in corporate guarantees case

• Holding companies in India receive major GST relief in corporate guarantees case
• The relief applies to services provided by holding companies to their subsidiaries
• This decision is expected to benefit many holding companies in the country
• The relief is seen as a positive step towards reducing the tax burden on holding companies

Source: economictimes.indiatimes.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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