UTGST exemption for second hand goods margin scheme permits registered dealers buying from unregistered suppliers to be tax-exempt. Intra State supplies of second hand goods received by a registered dealer in second hand goods who pays tax on the outward supply value under the margin scheme valuation mechanism are exempt from the whole of the Union Territory tax when such supplies are received from an unregistered supplier; the exemption takes effect from the notification's commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
UTGST exemption for second hand goods margin scheme permits registered dealers buying from unregistered suppliers to be tax-exempt.
Intra State supplies of second hand goods received by a registered dealer in second hand goods who pays tax on the outward supply value under the margin scheme valuation mechanism are exempt from the whole of the Union Territory tax when such supplies are received from an unregistered supplier; the exemption takes effect from the notification's commencement date.
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