Question
What is the applicable Goods and Services Tax (GST) rate
for corporate guarantees between parent and subsidiaries, as implemented by the Central Board of Indirect Taxes and Customs?Solution
The Central Board of Indirect Taxes and Customs (CBIC) has implemented an 18% Goods and Services Tax (GST) on corporate guarantees involving related entities, such as parent companies and subsidiaries, effective from October 26th 2023. The notification gives effect to the decision announced by the GST Council on October 8th 2023.
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the letter-cluster that is different.
Three of the following four are alike in a certain way and so form a group. Which is the one that does not belong to that group?
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Pick the odd one out.
In the following question, select the odd letter/letters from the given alternatives.
Four letter-clusters have been given out of which three are alike in some manner and one is different. Select the one that is different.
Four numbers have been given, out of which three are alike in a certain way and one is different. Select the one that is different.
Find the out one odd:
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the odd letter-cluster.
Four numbers have been given, out of which three are alike in a certain way and one is different. Select the one that is different.