Notification No. 25/2024
Date: October 9, 2024
Subject: Amendment to tax deduction at source provisions to include recipients of metal scrap supplies.
Description:
Registered persons receiving metal scrap are included within the scope of section 51.
Exclusion is retained for supplies between specified deductors, except recipients of metal scrap.
Amendments are made to Notification No. 50/2018–Central Tax.
Effective Date of Notification:
10 October 2024
Previous Notification:
• Notification No. 50/2018 – Central Tax dated 13 September 2018
Subsequent Amendment:
• Notification No. 07/2026-Central Tax dated 27.10.2026 – Effective from 01.11.2026.