Nature of Supply of Priority Sector Lending Certificates (PSLC).

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..... (PSLC). 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. 45/2018-GST dated 18.09.2018 w.e.f. 12.09.2018 was issued clarifying that GST on PSLCs for the period 1.7.2017 to 27.05.2018 will be paid by the seller bank on forward charge basis .....

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..... entation of this circular may be brought to the notice of the Commissioner immediately. 5. This trade Circular shall be deemed to have come into force on the 8th March, 2019. Sd/- (Smaraki Mahapatra) Commissioner, State Tax, West Bengal Memo. 92 CT/PRO 3C/PRO/2019 Date: 11.03.2019 - Circular - Trade Notice - Public Notice - Instructions - Office orders Ta .....

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