Community Insights
Topic |
Publish Date |
|
|
Sales Promotional Expenses- ITC available or not In the competitive world, the companies usually execute/implement certain attractive promotional methodology to the boost up the sale of their goods or services and to attract new customers. These methodologies include various discount offers, involvement of free samples, providing warranty services etc. In this respect it is important to know about the GST implications on said attractive ..................... Read More |
17.01.2025 |
Unveiling the Impact of GST on Corporate Guarantees A Corporate Guarantee is a guarantee in which any corporation agrees to be responsible for the financial obligations of the principal debtor to the creditor. These transactions usually include inter-group Corporate guarantees, which are given to facilitate smoother financial functioning for the related persons. For example, A holding or parent company issues a corporate guarantee to Banks or Financial Institutions as collateral security ..... Read More |
23.05.2024 |
CIRCULARS
Circular |
Subject |
Circular No. 218/12/2024-GST dated 26.06.2024 | Clarification regarding taxability of the transaction of providing loan by an overseas affiliate to its Indian affiliate or by a person to a related person. |
Circular No. 204/16/2023-GST dated 27.10.2023 | Clarification on issues pertaining to taxability of personal guarantee and corporate guarantee in GST |
Circular No. 116/35/2019-GST dated 11.10.2019 | Levy of GST on the service of display of name or placing of name plates of the donor in the premises of charitable organizations receiving donation or gifts by individual donors. |
Circular No. 16/16/2017-GST dated 15.11.2017 | Clarifications regarding applicability of GST and availability of ITC in respect of Warehousing of agricultural produce, Inter state transfer of aircraft engines and parts, General Insurance services provided by State Government |