composition

As per my view...

 

If marginal basis then It's treated as Commission....? Commision income can't avail Composition Scheme...

 

In case you will treated as Purchase & Sales then you can consider to Composition...

sir in second hand goods
margin scheme means
sale value - purchase value
see rule 32(5)

Dear.,

You have and in Your 2nd reply as Purchase and Sales...
In this way You can opt composition scheme...

*Pls See my first reply 👍...

Charge GST on the margin or profit earned on the goods, that is, the difference between the selling price and the purchase price. This is called the Margin Scheme, which has been given to second-hand goods dealers. However, for a dealer to avail this scheme, the following conditions have to be fulfilled:

The goods should be supplied as is or after minor processing, which does not change the nature of the goods

No input tax credit should be availed on the purchase of the goods

Note: For a dealer who has opted for the margin scheme, there can be a scenario where the second-hand goods are sold at zero margin or for a lesser price than the purchase price. In this case, no GST will be applicable on the supply.