What is the GST rate on gold in India?

Gold and gold jewellery attract 3% GST on the value of the metal (HSN 7108 for gold, 7113 for jewellery). Making charges are taxed separately at 5% as a job-work service.

How is GST on gold jewellery calculated?

Total price = gold value + making charges + 3% GST on the gold value + 5% GST on the making charges. For ₹1,00,000 of gold with 10% making charges: ₹1,00,000 + ₹10,000 + ₹3,000 + ₹500 = ₹1,13,500.

Is there GST when I sell my old gold jewellery?

No. An individual selling personal jewellery to a jeweller is not making a taxable supply, so no GST applies on the sale. When you exchange old gold for new, GST is still charged on the full value of the new jewellery.

Does digital gold attract GST?

Yes. Buying digital gold attracts the same 3% GST as physical gold, charged on the purchase value at the time of buying. No further GST applies when you sell it back on the platform.

Is GST on gold the same for coins and bars?

Gold coins and bars attract 3% GST on value. Since there are little or no making charges, the 5% making-charge GST is usually nil or very small compared to jewellery.

GST on Gold Calculator

Gold is taxed twice on one invoice — 3% on the metal and 5% on making charges. Enter both and get the exact final bill. No sign-up required.

Gold value (₹)Making chargesMaking charges as

How GST on Gold Works

A jeweller's invoice has two taxable parts. The gold itself — whether jewellery, coins, bars, or digital gold — attracts 3% GST on its value. The making charges are a job-work service and attract 5% GST separately. Billing a single blended rate on the whole amount is wrong either way: 3% on everything under-taxes the making charges, 5% on everything over-taxes the metal.

The Formula

GST on gold = Gold value × 3%
GST on making = Making charges × 5%
Final price = Gold value + Making charges + both GST amounts

Example: ₹1,00,000 of gold with 10% making charges → ₹3,000 GST on gold + ₹500 GST on making = ₹3,500 total tax, final bill ₹1,13,500.

What Buyers Should Check on the Bill

Gold value and making charges shown as separate line items
3% charged only on the gold value, 5% only on the making charges
HSN 7113 for jewellery on a tax invoice from a registered jeweller
No GST charged on the value of old gold you traded in

Calculating GST on something other than gold? Use the GST calculator for standard slabs, or look up the right rate with the HSN code finder.