Is GST on gold jewellery 3% or 3% plus 5% on making charges?

For a normal retail purchase, GST is 3% on the total value of the jewellery, including making charges, whether or not making is shown separately (CBIC gems and jewellery FAQ, Q7). The 5% rate applies to job-work charges between a karigar and the jeweller.

What is the IBJA gold rate before Dhanteras 2026?

In the morning session of 3 November 2026, IBJA showed 24K at ₹1,38,118 and 22K at ₹1,26,516 per 10 g, before GST and making charges. Rates change twice a day, so check ibjarates.com on the day you buy.

How do I check the HUID on gold jewellery?

Every hallmarked piece must carry a 6-digit alphanumeric HUID; sale without it has been prohibited since 31 March 2023 (PIB). Enter it in the Verify HUID feature of the BIS Care app to see purity, jeweller and hallmarking details.

How much does a 30% making-charge discount really save?

In our illustration (10 g of 22K at the 3 November IBJA rate, assumed 12% making), a 30% making discount saves about ₹4,692 including GST, roughly 3.2% of the bill. Compare final invoices, not headline percentages.

Can I buy gold jewellery on credit card EMI?

Generally no. RBI barred banks from financing gold purchases in its November 2012 circular, and issuers such as HDFC Bank exclude gold and jewellery from EMI conversion. Plan to pay in full.

Dhanteras 2026 gold buying plan: price, 3% GST, HUID, making charges

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Dhanteras 2026 gold buying plan: price, 3% GST, HUID, making charges | Spendzie