Levy of GST on Priority Sector Lending Certificates (PSLC)

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....AD, KOLKATA-700015 TRADE CIRCULAR No. 45/2018 (Circular No. 62/36/2018-GST) DATED: 18.09.2018 Subject: Levy of GST on Priority Sector Lending Certificates (PSLC) Representations have been received....

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....7 to 27.05.2018 will be paid by the seller bank on forward charge basis and GST rate of 12% will be applicable on the supply. 3. Difficulty, if any, in the implementation of this circular may be brou....