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The gold used is considered goods and making charges or value addition is towards job work.
Since the principal supply is the sale of gold, the GST rate of 3% shall be levied instead of 5% on the total value of jewellery, whether or not making charges is shown separately.
[gold, gold jewellery, goods and services tax, gst, CBDT, taxation, indirect taxation, how much GST is charged on gold, making charges, CA Sakchi Jain]
#gst #goodsandservicetax #gold #goldjewellery #taxation #makingcharges #jeweller #casakchijain #explorepage | Posted on 07/Mar/2024 19:05:17
