https://www.taxtmi.com/article/detailed?id=13525 Notification No. 25/2024-Central Tax brings supplies of metal scrap under Section 51 GST TDS, requiring registered buyers to deduct tax at source at the prescribed rate when transaction value exceeds the statutory threshold. Buyers must obtain a separate GST TDS registration, deduct and deposit TDS on the taxable value excluding GST, file monthly TDS returns, and issue TDS certificates; deducted amounts are credited to the supplier's cash ledger monthly. The amendment covers metal scrap within Chapters 72-81 and is effective from the notified date. en-us Tue, 11 Feb 2025 13:09:18 +0530 Thu, 12 Jun 2025 17:11:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13525 Notification No. 25/2024-Central Tax brings supplies of metal scrap under Section 51 GST TDS, requiring registered buyers to deduct tax at source at the prescribed rate when transaction value exceeds the statutory threshold. Buyers must obtain a separate GST TDS registration, deduct and deposit TDS on the taxable value excluding GST, file monthly TDS returns, and issue TDS certificates; deducted amounts are credited to the supplier's cash ledger monthly. The amendment covers metal scrap within Chapters 72-81 and is effective from the notified date. Articles Goods and Services Tax - GST Tue, 11 Feb 2025 13:09:18 +0530 https://www.taxtmi.com/article/detailed?id=13525