Proposal for GST under reverse mechanism draws mixed response from jewellery sector - THEMARKETTRENDZ

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Monday, 17 August 2020

Proposal for GST under reverse mechanism draws mixed response from jewellery sector

To plug loopholes in collection of GST or potential misuse, the GoM recommenced a 3% GST on purchase of old jewellery under the reverse charge mechanism. Also, an E-way bill has been mooted for intrastate movement of gold .

from GST-Small Biz-Economic Times
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