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The directorate general of GST intelligence has arrested a scrap dealer from the city for selling goods without an invoice and getting input tax credit without the supply of goods, causing loss to the government exchequer to the tune of…
The government will consider and then place industry’s demand to shift the GST levy on purchase of scrap metal to a reverse charge mechanism before the GST Council, in view of the operational difficulties and legal disputes arising from non-compliance…
The CESTAT, Chennai in the matter ofM/s. Unimech Industries Private Limited v Commissioner of Central Excise [Excise Appeal No. 42787 of 2014 and 41588 of 2017 dated June 10, 2022] has held that the value of scrap arising during the…