GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration

The Gujarat AAR has provided GST relief for "used machinery dealers," allowing them to use the "margin scheme for second-hand goods" under the same GST registration. This ruling clarifies that businesses can avail of the margin scheme, which allows them to pay GST only on the profit margin rather than the full sale value, even if they deal in new goods as well. This decision provides significant relief and certainty for businesses that deal in both new and old machinery, and streamlines tax compliance.