Articles on Second Hand Goods

Valuation for Second Hand goods under GST

Valuation of Second Hand goods – How valuation is done for Second hand goods as per GST valuation rules

By Paras Mehra June 8, 2017

Valuation of any supply of goods or services under GST shall be the transaction value if price is a sole consideration and supplier and recipient are not related. However, in case of second hand goods, valuation is done in terms of GST valuation rules.

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