https://www.taxtmi.com/article/detailed?id=9244 PSLCs are tradable instruments treated as goods (not securities) for GST purposes; they attract GST under their tariff classification rather than a residual rate, purchasers can claim input tax credit, and for an earlier transition period the seller bank was required to discharge GST liability on a forward charge basis. en-us Sat, 06 Jun 2020 10:08:17 +0530 Sat, 06 Jun 2020 10:08:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9244 PSLCs are tradable instruments treated as goods (not securities) for GST purposes; they attract GST under their tariff classification rather than a residual rate, purchasers can claim input tax credit, and for an earlier transition period the seller bank was required to discharge GST liability on a forward charge basis. Articles Goods and Services Tax - GST Sat, 06 Jun 2020 10:08:17 +0530 https://www.taxtmi.com/article/detailed?id=9244