GST on Gold and Silver Remains at 3% as Council Leaves Rates Unchanged

GST on Gold and Silver Remains at 3% as Council Leaves Rates Unchanged

Source: startupnews | Country: IN | Views: 4 | Shares: 0

Summary:

  • The Goods and Services Tax (GST) Council has announced that the current tax structure on gold and silver will remain unchanged. This means that GST on gold continues at 3% on value, while jewelry-making charges will continue to attract 5% GST. The decision, taken during the 56th GST Council meeting on September 3, 2025, provides [...]