Taxability of Personal Guarantee by Director and Corporate Guarantee for Related parties & for Subsidiary Company

Piyush Tanwar , Last updated: 12 October 2023  
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The GST Council in 52nd GST Council meeting, has inter-alia recommended to issue the circular with regards to the below points:- 1. Clarifications regarding taxability of personal guarantee offered by directors to the bank against the credit limits/loans being sanctioned to the company

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Published by

Piyush Tanwar
(Assistant Manager - Accounts)
Category GST   Report

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