Amendment in Earlier Notification Regarding Reverse Charge on Specified Goods Under Section 5(3)

Notification No.:

  • 06/2024-Central Tax (Rate),
  • 06/2024-Integrated Tax (Rate),
  • 06/2024-Union Territory Tax (Rate)

Date: 8th October 2024

Relevant Act / Rule: Goods and Service Tax Act, 2017

The Central Government has issued a notification under Section 5(3) of the Integrated Goods and Services Tax Act, 2017, amending Notification No. 4/2017-Integrated Tax (Rate). This amendment introduces a new S. No. 8 in the notification’s table, specifying that metal scrap falling under chapters 72 to 81 can now be supplied by any unregistered person to any registered person. The notification is set to come into force on October 10, 2024.

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