https://www.taxtmi.com/circulars?id=57607 GST liability on trading of Priority Sector Lending Certificates (PSLCs) for the period from 01.07.2017 to 27.05.2018 was clarified as payable by the seller bank under the forward charge mechanism, and such supply was stated to attract GST at the rate of 12 percent. The communication forwards the CBIC clarification, approved by the GST Council Implementation Committee, for necessary action by field authorities. en-us Thu, 13 Sep 2018 00:00:00 +0530 Mon, 20 Apr 2026 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57607 GST liability on trading of Priority Sector Lending Certificates (PSLCs) for the period from 01.07.2017 to 27.05.2018 was clarified as payable by the seller bank under the forward charge mechanism, and such supply was stated to attract GST at the rate of 12 percent. The communication forwards the CBIC clarification, approved by the GST Council Implementation Committee, for necessary action by field authorities. Circulars GST - States Thu, 13 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57607