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GST on used/second hand gold jewellery or ornaments- No Ruling by AAR due to lack of details
Case Law Details
- Case Name
- In Re Best Money Gold Jewellery Limited (GST AAR Tamilnadu)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAR Tamilnadu, Advance Rulings
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In Re Best Money Gold Jewellery Limited (GST AAR Tamilnadu)
Q. In case the applicant has purchased used/second hand gold jewellery or ornaments from persons who are not registered under GST and that at the time of sale of such goods there is no change in the form/nature of such goods and ITC will also not be availed on such purchase, if so the case, whether GST is to be paid only on the difference between the selling price and purchase price as stipulated under Rule 32(5) of CGST Rules, 2017?
A. During the hearing held on 20.01.2022, the applicant was specifically asked to furnish ‘write...
