Single format · FV05-J12-1

Corporate guarantee, valuation working and board note

A single format from the Related Parties, Cross Charge, Corporate Guarantees and Employee Benefits pack. Schedule I entry 2 · Rule 28(2) · Circular 225/19/2024-GST · Circular 204/16/2023-GST.

Length
3 pages
Blanks to fill
46
Files
Word and PDF
Law stated to
13 September 2026

What it covers

  1. 1Corporate guarantee, valuation working and board noteSchedule I entry 2 · Rule 28(2) · Circular 225/19/2024-GST · Circular 204/16/2023-GST46 blanks

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The first part of the format, as it downloads. Blanks are highlighted.

Part 1 — note to the Board of the guarantor company

Item [Board agenda item number]: Goods and services tax on the corporate guarantee proposed to be given in favour of [name of the lender] on behalf of [name of the borrower]

1. The Company proposes to give a corporate guarantee of Rs [Corporate guarantee amount (Rs)] to [name of the banking company / financial institution] in respect of facilities availed by [name of the borrower], which is a [wholly-owned subsidiary / subsidiary / fellow subsidiary / associate] of the Company and accordingly a related person within the meaning of the explanation to section 15 of the Central Goods and Services Tax Act 2017.

13 more paragraphs and tables follow in the full format.

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