• Subscribe to Jewelove
  • Subscribe via email
  • Jewelove on Facebook
  • Jewelove on Twitter
  • RSS

GST Rate on Gold, Diamonds, Platinum & Gemstone Jewellery

GST rate on Loose Diamonds, Gemstones, Jewellery (both gold & platinum), loose bullion has been fixed by the Government of India at 3%.
A special tax slab of 3% has specifically been made for the jewellery industry.

Will this make your jewellery cheaper or more expensive?

In the long run, it should make jewellery much cheaper because currently no credit is available for Excise tax & CST, however now input credit will be available for GST.

Source : http://blog.ritulpatwa.com/rate-of-gst-on-jewellery-gemstones-gold/






0 comments:

Post a Comment

We value your feedback

 

Trending Now

Search This Blog

Like Us

Pinterest Gallery

featured Slider

Instagram Shots

Like us

Popular Posts

Jewelove on facebook

Blog Archive

About Me

Followers

Copyright 2011 Jewelove - All Rights Reserved.
All data, information, images & any other & all content is subject to copyright. Do not copy, modify, reuse or change & use the content in any way. Share & Enjoy!
All content on the blog is the author's personal opinion. Pt is a registered trademark of Platinum Guild India & Platinum Guild International & has been used with their permission. Jewelove is a Platinum retailer authorized by the Platinum Guild International.
Designed by Web2feel.com | Bloggerized by Lasantha - Premiumbloggertemplates.com | Affordable HTML Templates from Herotemplates.com.