CA Sakchi Jain Instagram – Don’t let others fool you!!
The gold used is considered goods and making charges or value addition is towards job work.
Since the principal supply is the sale of gold, the GST rate of 3% shall be levied instead of 5% on the total value of jewellery, whether or not making charges is shown separately.
Reposted this video because diwali is here and a lot of people buy gold so this might help 🙂
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#gst #goodsandservicetax #gold #goldjewellery #taxation #makingcharges #jeweller #casakchijain #explorepage | Posted on 22/Oct/2024 18:31:31