GST applicability on Inter Corporate Guarantees

The GST regime brought numerous changes to the pre-GST regime taxation. It brings various transactions into GST net which otherwise not liable to tax in pre – GST era by way of wide inclusive definition of supply and business further by way of Schedule I to supply. In this article author made an effort to examine one such transaction is ‘applicability of GST on inter corporate guarantee without consideration.

Source Taxguru

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