https://www.taxtmi.com/circulars?id=69532 Clarification is issued on the taxability and valuation of corporate guarantee services between related persons under the APGST framework. The service remains taxable; Rule 28(2) governs valuation only, with pre- and post-26 October 2023 guarantees valued under the applicable version of Rule 28. The value is linked to the amount guaranteed, not actual loan disbursal, and full input tax credit may be available subject to the Act and Rules. Domestic guarantees are under forward charge, overseas guarantees to India under reverse charge, and the rule does not apply to export of such services. en-us Wed, 11 Sep 2024 00:00:00 +0530 Mon, 23 Mar 2026 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69532 Clarification is issued on the taxability and valuation of corporate guarantee services between related persons under the APGST framework. The service remains taxable; Rule 28(2) governs valuation only, with pre- and post-26 October 2023 guarantees valued under the applicable version of Rule 28. The value is linked to the amount guaranteed, not actual loan disbursal, and full input tax credit may be available subject to the Act and Rules. Domestic guarantees are under forward charge, overseas guarantees to India under reverse charge, and the rule does not apply to export of such services. Circulars GST - States Wed, 11 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69532