Used Metal Scarps not a Second Hand Good, No benefit under Margin Scheme In Terms of Rule 32(5) of CGST Rules 2017: AAR [Read Order]

The AAR held that since the items to be dealt with by the applicant do not qualify to be Second-Hand Goods, the applicant is not eligible to operate under the Margin Scheme in terms of Rule 32(5) of Central Goods and Service Tax Rules, 2017.
AAR - Rajasthan Authority for Advance Ruling - Authority for Advance Ruling - Rule 32(5) of Central Goods and Service Tax - taxscan

The Rajasthan Authority for Advance Ruling ( AAR ) has held that used metal scarps are not second-hand good and have no benefit under the margin scheme in terms of Rule 32(5) of Central Goods and Service Tax ( CGST ) Rules 2017. M/s Hitesh Gwalani (the applicant) proposed to Start a Business Selling various…

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