Second hand gold jewellery purchased from unregistered person can be valued as per margin scheme in GST

GST: Where applicant is in business of sale of used (second hand goods) gold jewellery, it is held that valuation of second hand gold jewellery which are purchased from individuals who are not registered under GST and there is no change in form and nature of such goods can be made as prescribed under rule 32(5) of CGST Rules and in case applicant purchases second hand jewellery from registered person,

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