GST applicability on Corporate Gurantee

This query is : Resolved 

20 November 2023 This query is based on the CBIC Circular No. 204/16/2023 dated 27.10.2023, we have a group of companies and have not any holding subsidiary relationship, as part of functioning we have given corporate guarantee to other entity while they availing credit facility. in this scenario based on on circular stated supra, is there any precuation required to be taken by us.

15 January 2024 https://www.taxmann.com/post/blog/analysis-gst-on-corporate-guarantees-mystery-continues/


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