GST:  The CBIC has issued notification to provide that exemption granted to persons who are only engaged in making supplies of taxable goods or services or both, the total tax on which is liable to be paid on reverse charge basis, shall not be available to metal scrap dealers and they have to obtain GST registration on crossing threshold limit.(10.10.2024)

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GST

 The CBIC has issued notification to provide that exemption granted to persons who are only engaged in making supplies of taxable goods or services or both, the total tax on which is liable to be paid on reverse charge basis, shall not be available to metal scrap dealers and they have to obtain GST registration on crossing threshold limit. This notification shall be applicable from 10th October 2024.

[No. 24/2024-Central Tax dated 09.10.2024]