Personal guarantee (director) is liable to RCM under GST: Telangana HC

BST Steels Pvt. Ltd Vs Superintendent of Central Tax (Telangana High Court) Telangana High Court upholds GST liability on director’s personal guarantee. Ruling supports Reverse Charge Mechanism (RCM) under GST. Read the full judgment. Introduction: The Telangana High Court, in the case of BST Steels Pvt. Ltd vs. Superintendent of Central Tax, upheld the liability of a director’s personal guarantee to Reverse Charge Mechanism (RCM) under the Goods and Services Tax (GST). The petitioner contested the requirement to pay GST on the personal guarantee and security provided by the Managi...