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Delhi HC issues Notice: GST on Holding Company’s Corporate Guarantee to Subsidiary

Case Law Details

Case Name
Sterlite Power Transmission Ltd. Vs Union of India (Delhi High Court)
Date of Judgement/Order
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Sterlite Power Transmission Ltd. Vs Union of India (Delhi High Court) Delhi HC issued notice to decide on the taxability of providing corporate guarantee by holding company to a subsidiary The Hon’ble Delhi High Court heard the case of Sterlite Power Transmission Ltd. v. Union of India [WP (C) 2966 of 2024] on February 28, 2024. The Petitioner has filed a writ petition for declaration to the effect that the activity of the holding company providing a Corporate Guarantee to a subsidiary should not be considered as supply of services taxable under Section 9 of the Central Goods and Services Ta...
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