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

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..... (RC No.26/2019/A1/Taxation) Sub: Clarification on Nature of Supply of Priority Sector Lending Certificates (PSLC). Representations have been received requesting to clarify whether IGST or CGST/ TNGST 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. 39 (2018) / 2019-TNGST, dated 05.04.2019 was issued clarifying that GST o .....

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