Ineligibility of Scrap Dealers for GST Margin Scheme: AAR Rajasthan Ruling

In re Hitesh Gwalani (GST AAR Rajasthan) The case of Hitesh Gwalani, seeking an advance ruling under the GST Act, revolves around the applicability of the Margin Scheme specified under Rule 32(5) of the Central Goods and Service Tax (CGST) Rules, 2017. The applicant, engaged in the business of buying and selling various types of scrap materials like iron, lead acid batteries, aluminum utensils, steel utensils, copper, brass utensils, waste plastic bags, and plastic PET bottles, seeks clarification on whether these goods qualify as second-hand goods and are thus eligible for the Margin Scheme. ...