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GST Council introduces Reverse Charge Mechanism on metal scraps
Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more
Krishnapatnam Port to offer imports of metal scrap
Krishnapatnam Port Company Limited (KPCL), the country’s largest deep water port on the east-coast of India, has obtained permission from the Government of India for import of scrap.Read more
