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Clarification on Nature of Supply of Priority Sector Lending Certificates (PSLC).

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....STATE TAX Dated: 23.04.2019 Circular No. 63/2019-TNGST (RC No.26/2019/A1/Taxation) Sub: Clarification on Nature of Supply of Priority Sector Lending Certificates (PSLC). Representations have been received requesting to clarify whether IGST or CGST/ TNGST is payable for trading of PSLC by the banks on e-Kuber portal of RBI. 2. In this regard, it is stated that Circular No. 39 (201....

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