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Clarification regarding taxability of supply of securities under Securities Lending Scheme, 1997

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.... 38/2019-GST (State) To The Additional Commissioner of State Tax / Deputy Commissioner of State Tax/ Superintendent of State Tax (All) / Inspector of State Tax (All) Subject: Clarification regarding taxability of supply of securities under Securities Lending Scheme, 1997 - reg. The Department of Revenue, Central Board of Indirect Taxes and Customs, Tax Research Unit vide Circular No. 119/38....