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The Economic Times

Economy / The Economic Times

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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.

10 Oct 2026 12:03 am