GSTN Introduces an Update to Facilitate the Registration Compliance for Buyers of Metal Scrap Through Form GST REG-07
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- By Chetan Kulasri
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- Last Updated on 24 October, 2024
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GSTN Update dated October 22nd, 2024
The GSTN has introduced an update to facilitate the registration compliance for buyers of metal scrap through form GST REG-07 and taxpayers in this category are required to select “Others” in Part B of Table 2 under the “Constitution of Business” section. A text box will appear where the taxpayer must enter “Metal Scrap Dealers.” This entry is mandatory for those selecting the “Others” option.
Once this is completed, the remaining details in form GST REG-07 should be filled and submitted on the common portal to meet the registration requirements as per Notification No. 25/2024 – Central Tax, dated October 9th, 2024.
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