CBIC Circular No. 204/16/2023 Dated. 27 October 2023 CBIC Circular 204/16/2023 (GST): The trade and field formations have recently reached out with questions regarding the tax implications of providing personal bank guarantees by Directors to secure credit facilities for their … Continue reading CBIC Circular 204/16/2023 Dt. 27 October 2023: Clarification on Taxability of Corporate Guarantee & Personal Guarantee