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No GST On Sale Of Old Jewellery, Cars By Individuals

The Revenue department today clarified that the sale of old jewellery as well as old vehicles by individuals will not attract any GST. There has been a worry among individuals and jewelers that transactions on old gold jewellery and cars would attract 3 per cent GST under the Reverse Charge Mechanism.  However, Finance Minister Arun Jaitley on Thursday clarified the situation ... Read More »

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