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Second hand goods dealer purchase from composition dealer

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(Querist)
11 June 2019 My client purchase second hand Battery from Composition dealer and selling to Excise company, whether Margin Scheme will applicable or has to pay tax on sales value.

Ex. Purchase price of second hand Battery from composition dealer Rs 3200
sales price Rs 3500, GST Rate 18%
Qn. GST will applicable on margin Rs 300 (3500-3200) or Full value Rs 3500
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R. B. Yadav (CMA, LLB)

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R. B. Yadav (CMA, LLB) (Expert)
11 June 2019 Hi,

GST will be charged on entire consideration of sale i.e. 3500 in your case.

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