No GST on selling old gold jewellery or second hand cars

Initially a statement was made by the Revenue Secretary Hasmukh Adhia that a tax of 3% will be levied on the sale of old jewellery, and a reverse tax of 3% in case new jewellery is bought against the old one. However, finance ministry has cleared any such tax on the sale of old gold jewellery. About Zee Business -------------------------- Zee Business is one of the leading and fastest growing Hindi business news channels in India.

Jul 14, 2017, 19:40 PM IST