What is the Vat % in Delhi on Sale of Gold and Diamond Jewelery
1 Replies
Prajakta
(article)
(31 Points)
Replied 22 September 2011
there is a special tax rate for GOLD and SILVER ORNAMENTS i.e @ 1%
also TAX is charged on gold,silver,diamond studded ornaments,jewellery ,designers etc AS THEY are NOT CONSIDERED TO B PERSONAL EFFECTS...under the head INCOME FROM CAPITAL GAINS !!.
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