https://www.taxtmi.com/caselaws?id=421471 The Tamil Nadu AAR declined to issue a ruling on whether GST should be paid only on the differential value between purchase and sale prices for used gold jewellery under Rule 32(5) of CGST Rules, 2017. The applicant, engaged in buying and selling second-hand gold ornaments from unregistered persons, failed to provide adequate documentary evidence linking purchases to sales, including purchase receipt numbers and grammage details in sale invoices. The authority noted that while the applicant claimed to sell ornaments in the same form with only minor cleaning and polishing, no substantiating documents were furnished despite specific requests during the hearing. Consequently, the AAR ruled that no advance ruling could be extended due to insufficient documentation. en-us Thu, 31 Mar 2022 00:00:00 +0530 Wed, 02 Apr 2025 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421471 The Tamil Nadu AAR declined to issue a ruling on whether GST should be paid only on the differential value between purchase and sale prices for used gold jewellery under Rule 32(5) of CGST Rules, 2017. The applicant, engaged in buying and selling second-hand gold ornaments from unregistered persons, failed to provide adequate documentary evidence linking purchases to sales, including purchase receipt numbers and grammage details in sale invoices. The authority noted that while the applicant claimed to sell ornaments in the same form with only minor cleaning and polishing, no substantiating documents were furnished despite specific requests during the hearing. Consequently, the AAR ruled that no advance ruling could be extended due to insufficient documentation. Case-Laws GST Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421471