https://www.taxtmi.com/notifications?id=143604 The Rules amend valuation, procedural and form provisions: supplies by a supplier to a related person for providing a corporate guarantee are deemed valued at one per cent of the guarantee amount or actual consideration, whichever is higher. Rule 142(3) requires issuance of an "intimation" instead of an "order." Rule 159(2) and FORM GST DRC-22 include a one-year expiry or cessation on issuance of a subsequent Commissioner order. Forms REG-01, REG-08, GSTR-8 and GST PCT-01 are revised to add One Person Company, prescribe a new cancellation template, modify TCS reporting entries, and expand practitioner enrolment criteria. en-us Fri, 09 May 2025 00:00:00 +0530 Fri, 16 May 2025 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143604 The Rules amend valuation, procedural and form provisions: supplies by a supplier to a related person for providing a corporate guarantee are deemed valued at one per cent of the guarantee amount or actual consideration, whichever is higher. Rule 142(3) requires issuance of an "intimation" instead of an "order." Rule 159(2) and FORM GST DRC-22 include a one-year expiry or cessation on issuance of a subsequent Commissioner order. Forms REG-01, REG-08, GSTR-8 and GST PCT-01 are revised to add One Person Company, prescribe a new cancellation template, modify TCS reporting entries, and expand practitioner enrolment criteria. Notifications GST - States Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143604