Seeks to amend notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM). - 11/2018 - Karnataka SGST

FINANCE SECRETARIAT NOTIFICATION (11/2018) No. FD 48 CSL 2017, Bengaluru, Dated: 28.05.2018. In exercise of the powers conferred by sub-section (3) of section 9 of the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017), the Government of Karnataka, on the recommendations of the Council, hereby makes the following further amendments in the Government of Karnataka Notification (4/2017) No. FD 48 CSL 2017, dated the 29 th June, 2017, published in the Karnataka Gazette, Extraordinary, Part-IVA, No.594, dated the 29 th June, 2017, namely:- In the said notification, after S. No. 6 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: - TABLE S. No. Tariff item, sub-heading, heading or Chapter Description of Goods Supplier of goods Recipient of supply (1) (2) (3) (4) (5) 7. Any Chapter Priority Sector Lending Certificate Any registered person Any registered person By Order and in the name of the Governor of Karnataka, K.S.PADMAVATHI Under Secretary to Government, Finance Department (C. T.- 1).