Summary of Notification No 11/2018 Central Tax (Rate) :-

Seeks to amend notification No. 04/2017- Central Tax (Rate) dated 28.06.2017 so as to notify levy of Priority Sector Lending Certificate (PSLC) under Reverse Charge Mechanism (RCM) Via  Notification No 11/2018 Central Tax (Rate) Dated May 28th 2018

Refer also Circular No 93/12/2019 GST : IGST on trading of PSLC by banks on e-Kuber portal of RBI

[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. 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 of the Central Goods and Services Tax Act, 2017 (12 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-Central 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. 676 (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: –

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

(Pramod Kumar)
Deputy Secretary to Government of India

Note: – The principal notification No.4/2017-Central 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. 676(E), dated the 28th June, 2017 and last amended by Notification No.
43/2017-Central 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. 1389 (E), dated the 14th
November, 2017

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