Exemption for intra State second hand goods: registered dealers paying tax on outward supply valuation are relieved of State tax on receipts. Exempts intra State supplies of second hand goods received by a registered person dealing in buying and selling of second hand goods who pays the State tax on the value of outward supply as determined under the prescribed valuation rule, where the supplier is not registered; exemption relieves the recipient from the whole of the State tax on such receipts and takes effect from 1 July 2017.
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.
Exemption for intra State second hand goods: registered dealers paying tax on outward supply valuation are relieved of State tax on receipts.
Exempts intra State supplies of second hand goods received by a registered person dealing in buying and selling of second hand goods who pays the State tax on the value of outward supply as determined under the prescribed valuation rule, where the supplier is not registered; exemption relieves the recipient from the whole of the State tax on such receipts and takes effect from 1 July 2017.
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