Question
Consider the following statements regarding the GST to be levied on corporate guarantee for subsidiaries and molasses-
Consider the following statements regarding the GST to be levied on corporate guarantee for subsidiaries and molasses-
I.The GST Council has notified that guarantees provided by corporates to their subsidiaries will attract a 14 per cent GST.
II.No tax will be levied if a personal guarantee is given by a director to the company.
III. The council has also cut the GST rate on molasses to 9 percent from 28 percent. Which of the following statements is/are correct?
More BeePedia – Current Affairs Questions
- JSW Cement, a part of the $23 billion JSW Group, has signed a Sustainability Linked Loan (SLL) agreement to raise ______from BNP Paribas Singapore in order...
- The US Federal Reserve recently maintained interest rates between 5.25%-5.5%. What is the primary reason for this decision?
- Which agency is developing Kerala’s student migration portal?
- What percentage of indigenous content is included in the BEL Air Defence Radar deal?
- What is a key feature of the ₹45,000 crore Ken-Betwa river-linking project launched in Madhya Pradesh?
- Where was the foundation stone laid for the permanent campus of the National Academy of Coastal Policing?
- What is the projected population of Lakshadweep by the year 2051, according to the IIMAD-PFI report?
- Which festival is associated with child marriages that the Rajasthan High Court aimed to curb through a directive?
- India has gifted indigenously built missile corvette 'INS Kirpan' to which country?
- Where was the Indian Air Force demonstration exercise "Vayu-Shakti 2024" held?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)