GST: The CBIC has issued notification to levy GST on supply of metal scrap by unregistered person to a registered person under RCM.(09.10.2024)

The CBIC has issued notification to levy GST on supply of metal scrap by unregistered person to a registered person under RCM. It would help to resolve the issue of fraudulent input tax credit claims by scrap dealers. This notification shall be effective from 10th October 2024.

[Notification No. 06/2024-Central Tax (Rate) dated 08.10.2024]