https://www.taxtmi.com/article/detailed?id=11672 Gold and gold jewellery do not qualify as second-hand goods for the margin valuation concession because their purity and commercial value do not diminish through transfers or short-term use; therefore dealers buying such items from unregistered persons and performing only minor processing must value supplies under the general valuation provision rather than by the difference between selling and purchase price. en-us Sat, 29 Jul 2023 10:12:50 +0530 Sat, 29 Jul 2023 10:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11672 Gold and gold jewellery do not qualify as second-hand goods for the margin valuation concession because their purity and commercial value do not diminish through transfers or short-term use; therefore dealers buying such items from unregistered persons and performing only minor processing must value supplies under the general valuation provision rather than by the difference between selling and purchase price. Articles Goods and Services Tax - GST Sat, 29 Jul 2023 10:12:50 +0530 https://www.taxtmi.com/article/detailed?id=11672