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Nature of Supply of Priority Sector Lending Certificates (PSLC)

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Full Text of the Document

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....of Taxes (All)/ Inspector of Taxes (All) Madam/Sir, Subject: Nature of Supply of Priority Sector Lending Certificates (PSLC)- regarding Representations have been received requesting to clarify whether IGST or CGST/ SGST 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. 62/36/2018-GST dated 12.09.2018 was issued clarifying t....