𝗚𝗦𝗧 𝗡𝗲𝘄 𝗨𝗽𝗱𝗮𝘁𝗲 𝗼𝗻 𝗠𝗲𝘁𝗮𝗹 𝗦𝗰𝗿𝗮𝗽 𝗕𝘂𝘆𝗲𝗿𝘀’ 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 (𝗚𝗦𝗧 𝗥𝗘𝗚-𝟬𝟳) 📢 𝗧𝗵𝗲 𝗚𝗦𝗧𝗡 𝗵𝗮𝘀 𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝗱 𝗮𝗻 𝘂𝗽𝗱𝗮𝘁𝗲: Taxpayers buying metal scrap must now comply with new registration guidelines as per 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗡𝗼. 25/2024 - Central Tax, dated October 9, 2024. The updated process involves the use of form GST REG-07.

🔍 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀: Category: Metal Scrap Buyers 𝗡𝗲𝘄 𝗦𝘁𝗲𝗽: In Part B of Table 2, under the Constitution of Business" section, select "Others" and enter "Metal Scrap Dealers" in the text box. Once this is completed, the rest of the form GST REG-07 should be filled out and submitted via the common portal to meet the registration compliance.

📜 This advisory ensures that metal scrap buyers meet GST registration requirements in line with recent provisions introduced on October 13, 2024.