Notification No. 24/2024-Central Tax: Exclusion for Metal Scrap Suppliers
Home Goods and Services Tax Notifications – Central Tax Ministry of Finance has issued Notification No. 24/2024-Central Tax on October 9, 2024, amending the original Notification No. 5/2017-Central Tax dated June 19, 2017. This amendment, effective from October 10, 2024, introduces a significant change concerning suppliers of metal scrap. Under this new notification, suppliers engaged […]
GST TDS and RCM on Metal Scrap: Notification No. 24/2024-Central Tax
Home Goods and Services Tax Notifications – Central Tax With the introduction of the GST in 2017, Section 51 of the CGST Act outlined provisions for Tax Deducted at Source (TDS), but it was enforced only from October 2018. Initially, the TDS requirement applied solely to government bodies and public sector units (PSUs). However, the […]
Due Date for GSTR-3B Extended for Maharashtra, Jharkhand
Home Goods and Services Tax Notifications – Central Tax The Ministry of Finance, through Notification No. 26/2024–Central Tax dated November 18, 2024, has extended the due date for filing GSTR-3B returns for October 2024. This extension applies to registered persons whose principal place of business is in the states of Maharashtra and Jharkhand. The revised […]