Telangana HC to Review constitutionality of CBIC Circular on Taxability of Personal and Corporate Guarantees in GST: Hearing set for May [Read Order]

Next hearing is on 2nd May 2024
Telangana High Court - CBIC - CBIC circular - GST - GST regime - Taxability of Guarantees - taxscan

The Telangana High Court has served notice to the government regarding a writ petition lodged by M/s GVK Power and Infra Limited, contesting the Central Board of Indirect Taxes and Customs ( CBIC ) circular’s clarification on the taxability of Personal and Corporate Guarantees under the Goods and Services Tax ( GST ) regime. Filed…

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