The Government of India has brought out Priority Sector Lending Certificates under the reverse charge mechanism for Goods and Services Tax. The decision has been taken by the Finance Ministry and a notification issued to that effect stating that any registered person will now come under the purview of reverse charge. Through this, banks getting
The Government of India has brought out Priority Sector Lending Certificates under the reverse charge mechanism for Goods and Services Tax. The decision has been taken by the Finance Ministry and a notification issued to that effect stating that any registered person will now come under the purview of reverse charge. Through this, banks getting