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Navigating GST impact on Financial Transactions beyond Corporate Guarantees

The article touches upon uncertainties regarding the GST implications on agreements which might mirror corporate guarantees.

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GST on Corporate Guarantees: GST on corporate guarantees: Taxmen believe clarity will emerge only in SC

GST on Corporate Guarantees: GST on corporate guarantees: Taxmen believe clarity will emerge only in SC
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HC relief for holding companies facing GST notices over corporate guarantees

India Business News: Mumbai: In a relief for India Inc, the Punjab & Haryana high court has stayed a circular that subjected corporate guarantees, given by holding compani.

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Major GST relief for holding companies in corporate guarantees case

The circular, issued in October by the Central Board of Indirect Taxes and Customs (CBIC), has been stayed via an interim order. The circular had held that a corporate guarantee provided by a holding company to a lender for the approval of credit to its subsidiary would be regarded a supply of service liable to GST.

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Adani Group eyes 5 GW electrolyzer capacity with up to $3 bn investment

Adani New would initially set up about 198.5 MW capacity and receive an incentive of up to ₹293.78 crore from the government under the scheme

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