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    <title>Tamil Nadu Goods and Services Tax (Second Amendment) Rules, 2023</title>
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    <description>Corporate guarantees supplied for related persons to banking companies or financial institutions are assigned a deemed value of one per cent of the guarantee amount or the actual consideration, whichever is higher. The amendments also replace an order with an intimation under rule 142(3), introduce a one-year expiry condition under rule 159(2), and provide that orders in FORM GST DRC-22 cease on issuance of FORM GST DRC-23 or after one year, whichever is earlier. Registration, tax collected at source reporting, and practitioner-enrolment forms are also revised.</description>
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    <pubDate>Fri, 08 Dec 2023 00:00:00 +0530</pubDate>
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