Schloss HMA Pvt Ltd filed a writ petition before the Bombay High Court, challenging the GST applicability on corporate guarantees issued to its subsidiaries. The petitioner argued that such guarantees ...

Based on the recommendations of the GST Council made in its 53rd meeting, Section 128A has been inserted in the Central Goods and Services Tax Act, 2017 (hereinafter referred to as ‘the CGST Act’) ...