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
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S.
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Tariff item,
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Supplier of
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Recipient of
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No.
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sub-heading,
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Description of Goods
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goods
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supply
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|
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heading or
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|
|
|
|
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Chapter
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|
|
|
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(1)
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(2)
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(3)
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(4)
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(5)
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7.
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Any Chapter
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Priority Sector Lending
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Any registered
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Any registered
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|
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Certificate
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person
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person
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[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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