TMI BlogNature of Supply of Priority Sector Lending Certificates (PSLC)X X X X Extracts X X X X X X X X Extracts X X X X ..... ssioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (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 Circu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /SGST or CGST/UTGST as the case may be, such banks for payment already made, shall not be required to pay IGST towards such supply.
4. Difficulty, if any, in the implementation of this circular may be brought to the notice of the Board immediately.
Yours Sincerely,
(Harish Y N)
Technical Officer, TRU
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