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    <title>Nature of Supply of Priority Sector Lending Certificates (PSLC).</title>
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    <description>The supply of PSLCs between banks is treated as a supply of goods in the course of inter-State trade or commerce; accordingly IGST shall be payable on PSLC trades conducted on the RBI e-Kuber portal for both the earlier forward-charge period and the later reverse-charge period. Banks that have already paid CGST/SGST or CGST/UTGST for such supplies are not required to pay IGST for those payments.</description>
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      <description>The supply of PSLCs between banks is treated as a supply of goods in the course of inter-State trade or commerce; accordingly IGST shall be payable on PSLC trades conducted on the RBI e-Kuber portal for both the earlier forward-charge period and the later reverse-charge period. Banks that have already paid CGST/SGST or CGST/UTGST for such supplies are not required to pay IGST for those payments.</description>
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