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Levy of GST on Priority Sector Lending Certificates (PSLC).

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....entations have been received requesting to clarify the following: (i) Mechanism for discharge of tax liability on trading of Priority Sector Lending Certificate (PSLC) for the period 01-7-2017 to 27-05-2018. (ii) GST rate applicable on trading of PSLCs. 2. The representations have been examined. With the approval of the GST Implementation Committee of the GST Council, it is clarified that GST....

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Levy of GST on Priority Sector Lending Certificates (PSLC).