Gold GST Rate | GST के पहले और बाद की तुलना

Namaskar Dosto aaj hum GOLD JWELLERY ke GST rate ko comapre krenge aur dekhenge ki GST ke implementation ke bad gold ke rates me qa changes hote hai...aur kaise hote hai...Is video me hum gold ko compare karenge gst ke sath me aur gst ke bina aur aapko batayenge ki final hike kitni aa sakti hai ya kitna mehanga ya sasta gold ho jayega

Topic Covered

1) GOLD JEWELLERY GST Rate
2) GOLD JEWELLERY GST Rate | Comparison Before and After
3) GST in india
4) GST in hindi
5) Gold GST rate
6) Gold GST Rate Impact
7) PRICE OF GOLD JEWELLERY UNDER GST
8) How the price of gold jewellery will change after the introduction of GST
9) GOLD JEWELLERY: NOW vs THEN

3% rate fixed on gold jewellery under the Goods and Services Tax (GST). The Centre has definitely considered the demand of the gold industry while fixing the rates.

Currently, gold jewellers pay one per cent excise and 1.2 per cent value-added tax (VAT) over and above the 10 per cent customs duty on bullion. This effectively works out to 12.43 per cent. With the introduction of GST at three per cent for gold and 18 per cent for making charges, and keeping customs at 10 per cent, the effective rate comes to 15.67 per cent. So, the effective price escalation on gold jewellery comes to 3.24 percentage points
At present, there is no service tax on making charge of jewellery. The GST council has not announced a similar GST rate of three per cent on making charges of jewellery. So, GST rate on making charges of jewellery falls within the 5 per cent tax bracket. Assuming a customer typically pays 5 per cent of the gold value as making charges, gold jewellery could become costlier
With some states demanding rates as high as five per cent for gold under GST, the industry could not have expected anything better than this. Under the current three per cent rate, gold will keep glittering. The India Bullion and Jewellers Association has always demanded that the entire duty and current tax structure remain untouched under the GST regime, and this has been fully accepted by the government
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