Gold Price & Jewellery Making Charge Calculator
Estimate the complete bill for gold jewellery purchases in India. Computes BIS hallmark purity conversion (24K, 22K 916, 18K), customizable making charges, statutory 3% GST, and hallmarking fees.
Jewellery Specifications
Invoice Price Decomposition
Frequently Asked Questions
How is the final price of gold jewellery calculated in India?
Final Jewellery Bill = [Gold Weight in Grams × Gold Rate per Gram (for that purity)] + Making Charges + 3% GST on (Gold Value + Making Charges) + BIS Hallmarking Fee (₹45 + 18% GST = ₹53.10 per item).
What is the gold content in 22 Karat (916 Hallmark) gold?
22 Karat gold contains 91.6% pure gold (22 parts gold and 2 parts alloy metals like copper or silver). This is why 22K gold is stamped with the "916" BIS hallmark.
How much GST is applicable on gold jewellery purchases in India?
A total of 3% GST (1.5% CGST + 1.5% SGST or 3% IGST) is levied on the total taxable value, which includes both the value of gold and the making charges.