Reverse charge on Priority Sector Lending Certificates now applies to registered persons as both supplier and recipient. Amendment adds an entry notifying reverse charge on 'Priority Sector Lending Certificate' classified under 'Any Chapter', with both supplier and recipient specified as 'any registered person', thereby bringing the supply of such certificates within the reverse charge mechanism under the Uttar Pradesh SGST framework; the amendment is effective from 28th May, 2018.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reverse charge on Priority Sector Lending Certificates now applies to registered persons as both supplier and recipient.
Amendment adds an entry notifying reverse charge on "Priority Sector Lending Certificate" classified under "Any Chapter", with both supplier and recipient specified as "any registered person", thereby bringing the supply of such certificates within the reverse charge mechanism under the Uttar Pradesh SGST framework; the amendment is effective from 28th May, 2018.
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