Notification No. 06/2024
Date: October 8, 2024
Subject: Amendment to Notification No. 4/2017–Integrated Tax (Rate) to notify reverse charge mechanism on metal scrap.
Description:
This notification amends Notification No. 4/2017–Integrated Tax (Rate) by inserting a new entry specifying that supplies of metal scrap by unregistered persons to registered persons shall be covered under the reverse charge mechanism. The amendment strengthens tax compliance in the scrap sector and addresses revenue leakage.
Issued for earlier notification?
Yes — it amends Notification No. 4/2017–Integrated Tax (Rate).
Other Notifications
11/2025
Rule 164 is amended to clarify treatment of tax demands covering mixed periods.E...
Read More32/2021
The time limit for EVC-based authentication under rule 26 is extended up to 31 O...
Read More13/2019
A new clause is inserted under S. No. 22 of Notification No. 12/2017 to exempt s...
Read More