Community Insights
Topic |
Publish Date |
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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 |
Dated |
Subject |
Circular No. 218/12/2024-GST | 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 | 27.10.2023 | Clarification on issues pertaining to taxability of personal guarantee and corporate guarantee in GST |
Circular No.116/35/2019-GST | 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. |