https://www.taxtmi.com/forum/issue?id=119621 GST liability on corporate guarantees depends on whether the guarantee is a taxable supply and the recipient's ITC eligibility; from 26 10 2023 a prescribed valuation method applies to intra group guarantees, while notifications and circulars exclude the concessional valuation where exports are involved or the recipient is eligible for full input tax credit. Interest for delayed payment is payable under general interest provisions and the time of liability follows time of supply rules. en-us Thu, 20 Feb 2025 14:59:09 +0530 Tue, 25 Feb 2025 15:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119621 GST liability on corporate guarantees depends on whether the guarantee is a taxable supply and the recipient's ITC eligibility; from 26 10 2023 a prescribed valuation method applies to intra group guarantees, while notifications and circulars exclude the concessional valuation where exports are involved or the recipient is eligible for full input tax credit. Interest for delayed payment is payable under general interest provisions and the time of liability follows time of supply rules. Discussion-Forum GST Thu, 20 Feb 2025 14:59:09 +0530 https://www.taxtmi.com/forum/issue?id=119621