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The Central Government amends Notification No. 5/2017-Central Tax to remove registration exemption for persons who supply metal scrap. The exemption under section 23 sub-section 2 does not apply to any person who supplies metal scrap falling under Chapters 72 to 81 of the Customs Tariff Act, 1975. This change comes into force on the 10th day of October, 2024.
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 24/2024-Central Tax
New Delhi, the 9th October, 2024.
G.S.R....(E).- In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 5/2017- Central Tax, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R. 607(E), dated the 19th June, 2017, namely:-
In the said notification, after the opening paragraph, the following proviso shall be inserted, namely :-
"Provided that nothing contained in this notification shall apply to any person engaged in the supply of metal scrap, falling under Chapters 72 to 81 in the first schedule to the Customs Tariff Act, 1975 (51 of 1975).".
[F No. CBIC-190354/149/2024-TO(TRU-II)]
(Amreeta Titus) Deputy Secretary
Note: The principal notification no. 5/2017- Central Tax was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R.607(E), dated the 19th June, 2017.
