Nature of Supply of Priority Sector Lending Certificates (PSLC)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of all CT & GST Territorial Circles & AUS CIRCULAR Subject: Nature of Supply of Priority Sector Lending Certificates (PSLC) - regarding. Madam/Sir, Representations have been received by the CBIC 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 CBIC Circular No. 62/36/2018-GST dated 12.09 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... wever, where the bank liable to pay GST has already paid CGST/SGST, 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 undersigned. (Bishnupada Sethi, I.A.S) Commissioner of State Tax Odisha, Cuttack
Circular, Trade Notice, Public Notice, Instructionsor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X