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Rule 32 (5) of CGST Rules

14 November 2019

For the purpose of purchase and sale of scrap copper
goods under gst can we use Rule32 (5) of gst i. e.
Marginal Scheme.

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2 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 14 November 2019

No... it's purely Purchase and Sale process. You can't use marginal scheme.

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debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 24 July 2020

As per Rule 32(5) of the CGST Rules, 2017, where a taxable supply is provided by a person dealing in buying and selling of second hand goods i.e., used goods as such or after such minor processing which does not change the nature of the goods and where no input tax credit has been