Best Money Gold Jewellery Ltd. {AUTHORITY FOR ADVANCE RULINGS, KERALA} :Date of Order : 02-03-2023In the case of Best Money Gold Jewellery Ltd., the Authority for Advance Rulings (AAR) in Kerala deliberated on the GST implications concerning the sale of used or second-hand gold jewellery and ornaments. Here are the key points and rulings explained:
Nature of Gold as a Commodity: The AAR emphasized that gold and gold jewellery are not typical commodities subject to depreciation over time. Unlike other goods,...
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