GST on gold works out to 3% of the gold’s value, plus 5% of any making charges for jewellery. Use the calculator below to get an exact figure for your purchase, or scroll down for the formula and worked examples…
No, GST on gold is exactly the same everywhere in India: 3% on the gold’s value and 5% on making charges, whether you’re buying in Kerala, Tamil Nadu, Delhi, or anywhere else. There’s no state that charges a different GST…
GST on gold coins and bars is a flat 3% on the value, with no separate making-charges layer to account for. That’s the single biggest thing that sets coins and bars apart from jewellery tax-wise: what you see is what…
Buying gold always attracts GST: 3% on the gold’s value, plus 5% on making charges if it’s jewellery. Selling gold is different: if you’re an individual selling your own old jewellery or coins, you don’t pay any GST. The tax…
GST on gold jewellery is 3% on the gold’s value and a separate 5% on making charges. Both show up as distinct line items on a correctly issued bill. If you’ve ever looked at a jewellery invoice and struggled to…
GST on gold in India is 3%, charged on the value of the gold itself, whether it’s a bar, coin, or jewellery. If you’re buying jewellery, there’s a separate 5% GST on making charges. Purity (18K, 22K, 24K) doesn’t change…