https://www.taxtmi.com/highlights?id=63680 Classification of goods - second hand or used 'Paintings' - GST on margin - determination of the liability to pay tax - shall be paid by the applicant on the difference between the selling price and the purchase price and where the value of such supply is negative, it shall be ignored. - Provisions of Rule 32(5) of CGST Rules will be applicable. - The 'Paintings are classifiable under Heading 9701 of the GST Tariff - AAR en-us Wed, 25 May 2022 13:14:14 +0530 Wed, 25 May 2022 13:14:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63680 Classification of goods - second hand or used 'Paintings' - GST on margin - determination of the liability to pay tax - shall be paid by the applicant on the difference between the selling price and the purchase price and where the value of such supply is negative, it shall be ignored. - Provisions of Rule 32(5) of CGST Rules will be applicable. - The 'Paintings are classifiable under Heading 9701 of the GST Tariff - AAR Highlights GST Wed, 25 May 2022 13:14:14 +0530 https://www.taxtmi.com/highlights?id=63680