16 August 2020
I am having a problem regarding GST applicable for in the scenario of old gold exchange with new ornaments. Example A gave 12 grms of old gold say the value is 30000. A purchased 20 grms of new ornaments of Rs 60000 How the GST should be calculated 20 grm -12 gm =8 GRM =(14000+making chg 4000)*3% or The GST will be charged on the total value of 20 grms