Hitesh Gwalani (M/s Baba Supplier) ., In re
Date: July 22, 2024
Subject Matter
Scrap fails to qualify for the margin scheme under rule 32(5) as it is not considered second-hand goods. AAR ruling upheld.
Summary
In this case, the applicant sought advance rulings regarding the eligibility to apply the Margin Scheme under Rule 32(5) of the CGST Rules, 2017 while selling various types of used goods and scrap, including iron scrap, lead acid batteries, aluminum…
FULL TEXT OF THE ORDER OF AUTHORITY FOR APPELLATE ADVANCE RULING, RAJASTHAN (Proceedings under Section 101 of the Central GST Act, 2017 read with Section 101 of the Rajasthan GST Act, 2017) At the outset, we would like to make it clear that the provisions of both the Central GST Act, 2017 and the Rajasthan GST Act, 2017 are pari-materia barring a few exceptions. Therefore, unless a spe…