GST Council proposes 2% TDS on scrap deals
- Posted on October 9, 2026
- By Business News Today
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- 1 min read
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GST Council proposes 2% TDS on scrap deals
The proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, registered buyers will have to deduct TDS when purchasing from registered suppliers and pay GST under RCM on purchases from unregistered sellers, even when the latter fall below the GST registration threshold.
