Reverse charge GST on metal scrap purchases from unregistered suppliers from Oct 2024 under tariff heads 72-81.

Notifications – GST – Highlights – This notification to introduce reverse charge mechanism (RCM) on supplies of metal scrap under specified tariff headings. Any registered person procuring metal scrap from unregistered suppliers will be liable to pay GST

Reverse charge GST on metal scrap purchases from unregistered suppliers from Oct 2024 under tariff heads 72-81.
Notifications
GST
This notification to introduce reverse charge mechanism (RCM) on supplies of metal scrap under specified tariff headings. Any registered person procuring metal scrap from unregistered suppliers will be liable to pay GST under reverse charge. The amendment inserts a new entry in the notification specifying tariff headings 72 to 81 covering metal scrap, with re

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =