Seeks to amend notification No. S.R.O.No. 363/2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM)

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..... m, 10th August, 2018 S. R. O. No. 557/2018.- In exercise of the powers conferred by sub-section (3) of section 9 of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017), the Government of Kerala, on the recommendations of the Council, hereby make the following further amendments in the notification issued under G. O. (P) No. 65/2017/TAXES dated 30th June, 2017 and published as S. R. .....

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..... P., Secretary to Government. Explanatory Note (This does not form part of the notification, but is intended to indicate its general purport.) The Government of Kerala on the recommendation of the Goods and Services Tax Council, have decided to specify the supply of Priority Sector Lending Certificate, in respect of which the State tax shall be paid on reverse charge basis by the .....

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