"₹2000 CRORE Guarantee — ZERO Fee — Still GST?! Bombay HC Shocks Everyone! 😱⚖️🔥"...!!! #gstupdate

💼 GST on Corporate Guarantee WITHOUT Fee?! | D P Jain vs Union of India | Bombay HC 2026 🔍 In this video we explain the landmark Bombay High Court judgment — D P Jain & Co. Infrastructure Pvt. Ltd. vs Union of India [2026] 186 taxmann.com 392 — where the court ruled that corporate guarantees given without consideration do NOT attract GST, while upholding the constitutional validity of Rule 28(2). 📌 Topics Covered: ✅ What is a Corporate Guarantee under GST? ✅ Why the GST Department demanded tax — CBIC Circular + Rule 28(2) ✅ Why Bombay HC quashed the SCN and Summons ✅ Why Rule 28(2) was NOT struck down ✅ Key takeaways for holding companies and CFOs 📚 Sections Discussed: 🔹 CGST Act — Sections 7, 9, 15 🔹 CGST Rules — Rule 28(2) 🔹 CBIC Circulars — 204/16/2023, 225/19/2024 🔹 Supreme Court — Edelweiss Financial Services case 🔔 Subscribe for weekly GST case law updates! #GST #CorporateGuarantee #BombayHighCourt #GSTCaseLaw #Rule28 #DPJain #CBICCircular #HoldingCompany #GSTUpdate2026 #CAIndia #IndirectTax