A GST registered person sold his ancestral personal jewellery to jeweller ?
is gst leviable ? will it be treated as supply provided is not in the course of business nor furtherance of business.
mahipal m. chande (ca) (216 Points)
22 April 2023A GST registered person sold his ancestral personal jewellery to jeweller ?
is gst leviable ? will it be treated as supply provided is not in the course of business nor furtherance of business.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168037 Points)
Replied 22 April 2023
GST is not charged if (even if GST registered, but not jeweler) individuals sell gold jewellery or exchange gold ornaments at jewellery shops. It is not considered furtherance of business and is out of the scope of supply under GST.
ashish
(ca)
(82 Points)
Replied 22 April 2023
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 22 April 2023
sabyasachi mukherjee
(27129 Points)
Replied 23 April 2023
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