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Marginal scheme
Plaese tell me if a dealer in second hand goods purahcse second hand bike from customer for rs 1 lac nd did some work for rs 5000 nd then sells that bike at 110000 then according to marginal scheme at what amount should gst be paid?
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Marginal scheme. Benefit to only for sale as it, recondition not allowed
recondition is allowed subject to the limitation that it dp not change the nature of goods..
installing brakes nd lights to the second hand bike do not have change the nature of bike..that remains bike.
I am asking about what should be the treatment to the parts installed while selling the second hand bike..
nothing it's just added with your purchase cost
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