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GST On second hand Machine

Goods and Services Tax - Started By: - girish nagareaj - Dated:- 26-10-2017 Last Replied Date:- 3-4-2018 - Hi Experts,I am planning to Purchase second hand Envelope Making machine. Does this attract GST? if yes, can you please let me know whats the p .....

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, used goods as such or after such minor processing which does not change the nature of the goods and where no input tax credit has been availed on the purchase of such goods, the value of supply shall be the difference between the selling price and .....

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2017 as amended. - Reply By KASTURI SETHI - The Reply = Yes. It is supply. Since GST is on value, tax is to be paid on value. If it is new, value will be higher and if it is second hand, value be reduced as per the usage. So tax rate remains the same .....

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