The government has issued Notification 25/2024-Central Tax, on October 9, 2024 under GST Section 51 of the CGST Act, 2017 mandating compliance by businesses dealing with Metal Scrap. The GST portal will soon be updated to enable compliance of registration through FORM GST REG-07 by this category of registered persons.
Official copy of the notification is as follows
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUBSECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
No. 25/2024-Central Tax
New Delhi, the 9th October, 2024.
G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 read with section 51 of the
Central Goods and Services Tax Act, 2017 (12 of 2017), hereafter in this notification referred to as the said Act,
the Central Government, on the recommendations of the Council, hereby makes the following further amendment
in the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 50/2018-
Central Tax, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R
868 (E), dated 13th September, 2018, namely:–
In the said notification,
(i) after clause (c) and before the first proviso, the following clause shall be inserted,-
"(d) any registered person receiving supplies of metal scrap falling under Chapters 72 to 81 in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), from other registered person";
(ii) for the third proviso, the following proviso shall be substituted, namely-
"Provided also that nothing in this notification shall apply to the supply of goods or services or both, which takes place between one person to another person specified under clauses (a), (b), (c) and (d) of sub-section (1) of Section 51 of the said Act, except the person referred to in clause (d) of this notification."
2. This notification shall come into force with effect from the 10th day of October, 2024.
[F No. CBIC-190354/149/2024-TO(TRU-II)]
(Amreeta Titus)
Deputy Secretary
Note:- The principal notification no. 50/2018- Central Tax, was published in the Gazette of India, Extraordinary,
Part II, section 3, sub-section (i) vide number G.S.R 868 (E), dated 13th September, 2018 and last amended vide
notification no. 73/2018-Central Tax, number G.S.R 1250(E), dated 31st December, 2018.
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