Writ Petition Allowed: Company Wins Against GST Demand on MD's Guarantees & Intra-Group Loans.

Case-Laws – GST – Highlights – This case pertains to the liability of an appellant to pay Goods and Services Tax (GST) on a reverse charge basis for two specific services: supply of services by the Managing Director through personal guarantees on loans o

Writ Petition Allowed: Company Wins Against GST Demand on MD's Guarantees & Intra-Group Loans.
Case-Laws
GST
This case pertains to the liability of an appellant to pay Goods and Services Tax (GST) on a reverse charge basis for two specific services: supply of services by the Managing Director through personal guarantees on loans obtained by the company, and supply of services by extending loans from the petitioner-company to its subsidiary. The High Court held that Circular No. 204/16/2

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