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Gst rate and HSn code under margin scheme

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Jatin Verma

72 Points Posted on 29 February 2024

what is the gst rate and hsn code under margin scheme of second hand goods

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Quick Summary

This discussion clarifies that there isn't a specific GST rate or HSN code for second-hand goods under the margin scheme. Instead, the applicable HSN code and GST rate are the same as those for new goods of the same nature. The applicability depends on the category of the item, such as motor vehicles or mobile handsets.