GST on Priority Sector Lending Certificates: seller bank to discharge tax under forward charge for earlier period. GST on Priority Sector Lending Certificates for the period 1 July 2017 to 27 May 2018 must be paid by the seller bank on a forward charge basis, with GST applicable to the supply of PSLCs; the Trade Circular is clarificatory and implementation difficulties should be reported to the Commissioner of State Tax, Maharashtra.