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    <title>Bihar Goods and Services Tax (Fourth Amendment) Rules, 2023.</title>
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    <description>A new sub rule deems the value of services by a supplier to a related person for providing a corporate guarantee to a banking company or financial institution to be a specified minimum proportion of the guarantee amount or the actual consideration, whichever is higher. Amendments also substitute FORM GST REG 08 with a cancellation order template, change &quot;order&quot; to &quot;intimation&quot; in rule 142(3), add an explicit one year expiry contingency to certain orders, and amend multiple forms and enrolment categories. Effective date: 26 October 2023.</description>
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