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.

via Economictimes