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Macron’s office says India to host next AI SummitGovt revises Market Intervention Scheme guidelinesGST - Supply of DEO and Junior Engineer made to the Public Health Engineering Dept., WB govt. for executing Jal Jeevan Mission is exempted under 12/2017-CTR: AARIndia developing AI tools for public good, says PM at Paris AI SummitNITI Aayog releases Report on 'Expanding Quality Higher Education'GST - ITC for construction of mall - Order has not taken into consideration the impact of the principles of law laid down in Safari Retreat's case - Order set aside and matter remanded: HCChinese SpaceSail emerges as rival to Musk’s Starlink in global satellite marketIndia-Israel CEO Forums to strengthen Bilateral Economic TiesCus - Rule 54(2) of the SEZ Rules only stipulates for achieving positive NFE - Token penalty imposable for not achieving positive NFE in 2008-09: HCMoS launches first indigenous Bio Medical Waste Treatment Plant at AIIMSST - Appellate officer is below the rank of the officer who had issued the SCN, and which is impermissible both under the administrative law as well as under FA, 1994: HCFlash floods in Sydney - 20 persons rescuedNew Section 18A of CA, 1962 and ITC under GSTCBDT amends Rule 114DA to notify New Form No 49CCX - Extended period of limitation cannot be invoked without clear evidence of suppression or intent to evade duty: CESTATIndia, EFTA strengthen economic ties with Inauguration of DeskBrainstorming on 'Framework of Gross Domestic Knowledge Product Measurement' heldDPIIT, Korea Transport Institute sign MoU for LogisticsTrump inks Executive Order to impose 25% tariff on steel & aluminium without exception from Mar 4Japan shifts investments to US from China - USD 77 billion in 2024

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GST and Corporate Guarantee


corporate guaranree

as per the decision of supreme court in the matter of xilinx india technology services private limited reported in tiol 2023 ,1164, the foreign registered company is not a distinct or related person since the company has its own legal existance from shareholders.

hence rule 28 with sub rule 2 can be said to be applicable in that scene, i doubt

Navin Khandelwal 21/11/2023

 

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Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy