{"id":7641,"date":"2025-07-11T07:37:47","date_gmt":"2025-07-11T07:37:47","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=glossary&p=7641"},"modified":"2025-07-11T07:37:49","modified_gmt":"2025-07-11T07:37:49","slug":"gst-on-gold","status":"publish","type":"glossary","link":"https:\/\/lemonn.co.in\/blog\/glossary\/gst-on-gold\/","title":{"rendered":"GST on Gold"},"content":{"rendered":"

Gold is one of the most loved and purchased items in India—whether for weddings, festivals, or investments.
But do you know how GST<\/a> (Goods and Services Tax<\/a>)<\/strong> affects the price of gold<\/strong>?<\/p>\n\n\n\n

Let’s break it down simply.<\/p>\n\n\n\n

What is the GST Rate on Gold in India?<\/strong><\/h2>\n\n\n\n

When you buy gold jewellery or coins, GST is charged in two parts<\/strong>:<\/p>\n\n\n\n

    \n
  1. Gold value<\/strong> – 3% GST<\/li>\n\n\n\n
  2. Making charges<\/strong> – 5% GST (if separately mentioned)<\/li>\n<\/ol>\n\n\n\n

    So, total GST can be more than 3%<\/strong> depending on how making charges are billed.<\/p>\n\n\n\n

    Example of GST on Gold<\/a><\/strong><\/h2>\n\n\n\n

    You buy a gold ring worth ₹50,000<\/p>\n\n\n\n