Corporate Guarantee Issued to Group Entities Without Consideration Prior to Rule 28(2) Falls Outside GST Scope
Corporate Guarantee Issued to Group Entities Without Consideration Prior to Rule 28(2) Falls Outside GST Scope Issue Whether corporate guarantees executed by an infrastructure company for group entities without any consideration during the period 2017-18 to 2022-23 constitute a “supply” liable to GST under Section 7 of the CGST/MGST Act. Whether the statutory validity of… Read More »