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    <title>Levy of GST on Priority Sector Lending Certificates (PSLC).</title>
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    <description>GST on Priority Sector Lending Certificates (PSLCs) for the period 1-7-2017 to 27-05-2018 is taxable and the seller bank must discharge the tax on a forward charge basis; a 12% tax rate applies to trading of PSLCs in that pre-notification period.</description>
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