Format pack, 3 formats · FV05-J12

Related Parties, Cross Charge, Corporate Guarantees and Employee Benefits

Schedule I taxes supplies for which nobody paid anything, and the three places it bites hardest, the branch, the guarantee and the employee, are all situations where the client is certain there is no transaction at all.

Length
8 pages
Blanks to fill
108
Files
Word and PDF
Law stated to
13 September 2026

The 3 formats inside

  1. 1Corporate guarantee, valuation working and board noteSchedule I entry 2 · Rule 28(2) · Circular 225/19/2024-GST · Circular 204/16/2023-GST46 blanksOn its own₹149
  2. 2Cross-charge agreement between distinct persons, with the valuation recitals.25(4) · Schedule I entry 2 · Rule 28(1) · Circular 199/11/2023-GST28 blanksOn its own₹149
  3. 3Position note on employee recoveries, canteen, transport, insurance and notice paySchedule III para 1 · Schedule I entry 2 · s.17(5)(b) · Circular 172/04/2022-GST · Circular 178/10/2022-GST36 blanksOn its own₹149

Read the opening

The first part of “Corporate guarantee, valuation working and board note”, 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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