- Punjab & Haryana High Court stayed operation of CBIC circular on corporate guarantees
- CBIC circular clarified that corporate guarantees should be considered supply of service between related parties
- Companies caught in crosshairs of CST authorities got relief from the decision
Source: economictimes.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
