GST on Gold
3% Goods and Services Tax levied on the total gold invoice including making and wastage. Non-refundable.
GST on gold in India is a flat 3% at the final sale. It applies to the combined value: (gold + making + wastage). Not: (gold value × 3%) + (making × 3%) calculated separately. Always factor the full GST into your budget math, the planner on this site does this automatically.