CGST exemption for dealers, dealing in buying and selling of second hand goods, operating under Margin Scheme - 10/2017 - Central GST (CGST) Rate

CGST exemption for margin scheme second hand goods: intra State purchases from unregistered suppliers exempt from central tax.

Intra State supplies of second hand goods received by a registered dealer dealing in buying and selling of second hand goods who pays central tax under the margin scheme, with tax on outward supply determined under the prescribed margin valuation rule, are exempt from the whole of central tax where the supplier is not registered.