Real Estate Developers Urge 18% GST Amendment on Corporate Guarantees in Representation to FM

Last updated: 27 December 2023

Real estate developers have reportedly approached Finance Minister Nirmala Sitharaman, urging amendments to the recent circular imposing an 18% Goods and Services Tax (GST) on corporate guarantees provided by related parties, according to government sources. Developers argue that the 18% GST shou

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