Corporate guarantee valuation set as prescribed minimum of guarantee amount or actual consideration for related party services. The amendment fixes valuation for related party corporate guarantee services as a prescribed minimum of the guarantee amount or the actual consideration, mandates issuance of an intimation in rule 142(3) instead of an order, adjusts rule 159(2) to include cessation on expiry of one year from issuance of an order or earlier Commissioner action, substitutes FORM GST REG 08 with a standardized cancellation order template, revises GSTR 8 entries for tax, interest and late fee, expands enrolment categories in FORM GST PCT 01, and provides a one year cessation rule for FORM GST DRC 22.