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    <title>Levy of GST on Priority Sector Lending Certificates (PSLC)</title>
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    <description>GST on trading of Priority Sector Lending Certificates (PSLCs) from 1 July 2017 to 27 May 2018 is payable by the seller bank under the forward charge mechanism. The seller bank must discharge the GST liability on the supply of PSLCs. GST applies to that supply at 12%.</description>
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      <description>GST on trading of Priority Sector Lending Certificates (PSLCs) from 1 July 2017 to 27 May 2018 is payable by the seller bank under the forward charge mechanism. The seller bank must discharge the GST liability on the supply of PSLCs. GST applies to that supply at 12%.</description>
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