GST to be paid only on margin earned on resale of second-hand jewellery: AAR - Business News: Latest News & Videos about market and economy | Trendmergers

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GST to be paid only on margin earned on resale of second-hand jewellery: AAR

The application to the Authority for Advance Ruling (AAR) was filed by Bengaluru-based Aadhya Gold Private Ltd seeking clarity on whether GST is to be paid only on the difference between the selling and purchase price if it purchases used/second- hand gold jewellery from individuals and there is no change in the form/nature of goods at the time of sale.

from Industry-Economic Times
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