https://www.taxtmi.com/article/detailed?id=17136 Corporate guarantees issued or renewed before 26 October 2023 are valued under the general Rule 28 framework, including invoice-value deeming where the recipient has full input tax credit. From that date, Rule 28(2) prescribes, subject to that relaxation, a value of one per cent per annum of the amount guaranteed or actual consideration, whichever is higher. Valuation is proportionate to the guarantee period, based on the guaranteed amount rather than loan disbursement, and must reflect changes, renewals, recipient location and applicable export-of-services conditions. en-us Sat, 08 Aug 2026 08:33:41 +0530 Sat, 08 Aug 2026 08:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17136 Corporate guarantees issued or renewed before 26 October 2023 are valued under the general Rule 28 framework, including invoice-value deeming where the recipient has full input tax credit. From that date, Rule 28(2) prescribes, subject to that relaxation, a value of one per cent per annum of the amount guaranteed or actual consideration, whichever is higher. Valuation is proportionate to the guarantee period, based on the guaranteed amount rather than loan disbursement, and must reflect changes, renewals, recipient location and applicable export-of-services conditions. Articles Goods and Services Tax - GST Sat, 08 Aug 2026 08:33:41 +0530 https://www.taxtmi.com/article/detailed?id=17136