Integrated Tax (Rate) Notification No. 12 of 2018 DT 28th May, 2018, GST

 Notification No. 12/2018 Integrated Tax (Rate) DT on 28th May, 2018, GST

 

Seeks to amend notification No. 04/2017- Integrated Tax (Rate) dated 28.06.2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM). 

 The Extract of GST Notification No. 12/2018 – Integrated Tax (Rate) is given below: 

              Notification No. 12/2018 – Integrated Tax (Rate), GST

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA 

MINISTRY OF FINANCE 

(Department of Revenue)

 

Notification No. 12/2018-Integrated Tax (Rate)

 

New Delhi, the May 28th 2018

 

G.S.R. (E).- In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.4/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 669 (E), dated the 28th 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.

Tariff item,

 

Supplier of

Recipient of

No.

sub-heading,

Description of Goods

goods

supply

 

heading or

 

 

 

 

Chapter

 

 

 

(1)

(2)

(3)

(4)

(5)

7.

Any Chapter

Priority Sector Lending

Any registered

Any registered

 

 

Certificate

person

person

 

 

[F. No. 354/124/2018- TRU]

 

 

(Pramod Kumar)

 

Deputy Secretary to Government of India

 

  

Note: - The principal notification No.4/2017- Integrated Tax (Rate), dated the 28th June, 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 669 (E), dated the 28th June, 2017 and last amended by Notification No. 45/2017- Integrated Tax(Rate) dated 14th November, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1394 (E), dated the 14th November, 2017.


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