https://www.taxtmi.com/news?id=57511 Two GST reforms are proposed: implement the Reverse Charge Mechanism so recyclers remit GST directly, cutting out paper-only dealer chains, and materially lower the GST rate on scrap to eliminate the tax spread that incentivises fake invoicing. These measures aim to stabilise working capital, protect Input Tax Credit positions, deter fraud, and unlock investment in processing upgrades; complementary steps include EPR-GST alignment, Common Facility Centers, city transition plans, and worker social protection to support formalisation and sectoral scaling. en-us Wed, 01 Oct 2025 14:31:03 +0530 Wed, 01 Oct 2025 14:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=57511 Two GST reforms are proposed: implement the Reverse Charge Mechanism so recyclers remit GST directly, cutting out paper-only dealer chains, and materially lower the GST rate on scrap to eliminate the tax spread that incentivises fake invoicing. These measures aim to stabilise working capital, protect Input Tax Credit positions, deter fraud, and unlock investment in processing upgrades; complementary steps include EPR-GST alignment, Common Facility Centers, city transition plans, and worker social protection to support formalisation and sectoral scaling. News - Wed, 01 Oct 2025 14:31:03 +0530 https://www.taxtmi.com/news?id=57511