Gst on scrap

This discussion clarifies the Goods and Services Tax (GST) implications when trading aluminium scrap. It confirms that if you purchase scrap from an unregistered dealer (URD), the reverse charge mechanism (RCM) is not applicable. You will collect GST at 18% when selling the scrap and pay it to the government. Purchases from URDs do not need to be declared in your GSTR-3B, but your sales must be.