TaxTMI 
TaxTMI 
Sir in case of Second Hand Goods sold the taxability is on margin amount as per Rule 32(5) of the CGST ACT, if suppose a product Sold for ₹ 10,000/- where the purchase price was ₹ 9000/- then Tax on ₹ 1000/- need to be paid. My Query 1. if the product sold to a Registered Dealer how to show in the invoice the above detail.
invoicing for Second Hand goods sold
30 Jul 2021 
4 Replies 
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Tax on margin for second hand goods: invoice must state margin as taxable value and show calculation and purchase details.
Tax on resale of second hand goods is payable only on the margin; invoices to registered recipients must state the margin as the taxable value, disclose the calculation method, include full particulars of the original purchase invoice, and show tax rate and amount on the margin component while indicating zero tax against the purchase component. (AI Summary)
Tax on resale of second hand goods is payable only on the margin; invoices to registered recipients must state the margin as the taxable value, disclose the calculation method, include full particulars of the original purchase invoice, and show tax rate and amount on the margin component while indicating zero tax against the purchase component. (AI Summary)