India’s Central Board of Revenue recently released goods and services tax guidance on the tax treatment of personal and corporate guarantees.
The guidance was released in Circular No.204/16/2023-GST.
Source: www.vitallaw.com
Latest Posts in "India"
- Government Scrutinizes E-commerce for Ignoring CST Rate Cuts, Investigates 3,000 Consumer Complaints
- Industry Body Urges Government for Relief Measures for Small Chemists During GST 2.0 Transition
- CESTAT Rules Electronic Software Downloads Exempt from Customs Duty in HCL Technologies Case
- India’s GST 2.0 Sparks Concerns in Nepal Over Smuggling and Trade Deficit
- India Recognizes Intermediary Services as Exports Under GST, Aligning with Global Practices