RBI Releases Revised Priority Sector Lending Guidelines Reserve Bank of India has comprehensively reviewed the Priority Sector Lending (PSL) Guidelines to align it with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging discussions with all stakeholders. Reserve Bank of India (Priority Sector Lending – …
IGST payable on supply of PSLC traded over e-Kuber portal of RBI Circular No. 93/12/2019-GST F. No. 354/124/2018-TRUGovernment of IndiaMinistry of FinanceDepartment of RevenueTax research Unit**** Room No. 156, North Block,New Delhi, 8th March, 2019 To,The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/Commissioner of Central Tax (All) /The …
GST on Priority Sector Lending Certificate (PSLC) to be under Reverse Charge Mechanism (RCM). GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 11/2018-Central Tax (Rate) New Delhi, the May 28th 2018 G.S.R. (E).- In exercise of the powers conferred by sub-section (3) of section 9 …