https://www.taxtmi.com/circulars?id=63160 Lending of securities under the Securities Lending Scheme, 1997 is a taxable service because it does not involve disposal of securities; the lending fee is taxable from 01.07.2017. Intermediaries' facilitation services are separately taxable. From 01.07.2017 to 30.09.2019 GST was payable by the lender under forward charge (IGST); from 01.10.2019 GST liability shifts to the borrower under reverse charge (IGST). en-us Thu, 17 Oct 2019 00:00:00 +0530 Wed, 11 Feb 2026 15:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63160 Lending of securities under the Securities Lending Scheme, 1997 is a taxable service because it does not involve disposal of securities; the lending fee is taxable from 01.07.2017. Intermediaries' facilitation services are separately taxable. From 01.07.2017 to 30.09.2019 GST was payable by the lender under forward charge (IGST); from 01.10.2019 GST liability shifts to the borrower under reverse charge (IGST). Circulars GST - States Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63160