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Gold 24K — /10 g Gold 22K (916) — /10 g Gold 18K (750) — /10 g Gold 14K (585) — /10 g Silver 999 — /kg
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GST and making-charge calculator for gold jewellery

Type the metal value and the making charge to see the GST, split as CGST and SGST, or IGST for another state, and the total.

A gold bridal necklace set with matching earrings on a velvet stand CGST + SGST, or IGST
₹

Don't know it? Work it out in the gold price calculator.

%
Customer is in

Estimated price

₹1,15,360

₹1,00,000 metal · 12% making · same state

Metal value
₹1,00,000
Making · 12%
₹12,000
Before GST (taxable value)
₹1,12,000
CGST 1.5%
₹1,680
SGST 1.5%
₹1,680
Estimated price
₹1,15,360

GST is 3% on metal and making together. An estimate, not a bill or an offer.

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How it's worked out

How GST works on gold jewellery

GST on gold and silver jewellery is 3%, on the metal and the making charge together. When the shop and the customer are in the same state, it's split into CGST 1.5% + SGST 1.5%. When they're in different states, it's one line, IGST 3%.

The total is the same either way. Rates shown by jewellers and on rate boards are usually before GST.

Metal Weight × the karat rate
Making charge A % of the metal, or a flat amount
Before GST The taxable value
Same state CGST 1.5% + SGST 1.5%
Other state IGST 3%
A hand reaching for gold jewellery in a shop's glass display ₹1,00,000 metal · 12% making

Worked example

An example, step by step

A piece has ₹1,00,000 of metal and a 12% making charge.

  1. 1 Making 12% of ₹1,00,000 ₹12,000
  2. 2 Before GST ₹1,00,000 + ₹12,000 ₹1,12,000
  3. 3 GST, same state CGST 1.5% ₹1,680 + SGST 1.5% ₹1,680 ₹3,360
  4. 4 GST, other state IGST 3% ₹3,360
  5. 5 Estimated price Either way ₹1,15,360

With a flat making charge of ₹8,000 instead: before GST ₹1,08,000, GST ₹3,240, total ₹1,11,240.

CaratOS for your shop

Every CaratOS bill is a GST bill.

CGST and SGST, or IGST for customers in other states, with the HUID on every line. GST figures are ready for your CA at month end.

Your 15-day Starter trial begins when CaratOS approves your request. No card needed.

Gold necklaces and a bracelet on black display stands in a jewellery shop
GST bill Mehta Jewellers · customer in Gujarat
IGST
Metal
₹1,00,000
Making · 12%
₹12,000
Taxable value
₹1,12,000
IGST 3%
₹3,360
Total
₹1,15,360

HUID on every line. Ready for your CA at month end.

Questions about GST on gold

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