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gst on exchanging jewellery
if a person buy new gold jewellery in exchange of old jewellery how much gst he has to pay ? whole amount of new jewellery value or only on difference of value (i.e. new jewellery value-old jewellery value.)
Replies (1)
jeweller will book purchase for old jewellery & raise the sale for new jewellery
He has depo gst on the whole sale value (As per valuation rule )
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