The Ministry of Finance (MoF) on October 08, 2024, notified regarding the amendment in the older Notification No. 4/2017- Central Tax (Rate), dated June 28, 2017, regarding the reverse charge on certain specified supplies of goods under section 9 (3) of the CGST Act, 2017.
The following has been stated namely: -
• It states that in the Table, after S. No. 7 and the entries relating thereto, a new S. No. 8 stating entries related to “Metal scrap” shall be inserted.
• This shall come into force on October 10, 2024.
[Notification no. - 06/2024- Central Tax (Rate)]