Thursday, June 7, 2018

Priority Sector Lending Certificates, Renewable Energy Certificates etc attract Nil GST: CBIC [Read Circular]

The Central Board of Indirect Taxes and Customs (CBIC) has clarified the GST rate applicable to Priority Sector Lending Certificates (PSLCs), Renewable Energy Certificates (RECs) and other similar scrips. Earlier, in response to a FAQ, the Board clarified that MEIS and other scrips like SEIS and IEIS are goods classified under heading 4907 and attract […]

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