GST on PSLCs payable by seller bank on forward charge basis, clarifies CBIC

Sep 13,2018

CBIC clarifies that GST on Priority Sector Lending Certificates (PSLCs) for the period July 1, 2017 to May 27, 2018 shall be payable by the seller bank on forward charge basis and GST rate of 12% would be applicable on such supply: CBIC circular...

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