GST TDS applicability on black trap

This query is : Resolved

Quick Summary

GST TDS on black trap sales is applicable only if the value exceeds £2,50,000 and the transaction involves specified entities. If payment is made by individuals or entities not falling into these categories, TDS is not applicable. Black trap is not considered metal scrap, and specific notifications are lacking, so clarification from a tax officer may be necessary.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
Follow

04 January 2025 Is GST TDS applicable on sales of black trap??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

05 January 2025 GST TDS is applicable to sales of black trap only if they exceed ₹2,50,000 and are conducted by specified entities.
If the payment for black trap is made by a person or entity that does not fall under the specified categories (e.g., a private individual), then TDS would not be applicable.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
Follow

06 January 2025 can you give us notification regarding GST TDS on black trap

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

06 January 2025 https://taxguru.in/goods-and-service-tax/tds-gst-metal-scrap-notification-no-25-2024-central-tax.html

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
Follow

06 January 2025 is Black trap consider in metal scrap?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

06 January 2025 Not a metal scrap. As such there is no specific notification for black trap. Need to get clarification from Tax officer.