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GST on gold
what will be the GST rate on gold? does the custom duty will be levyed after introdution of GST?
Replies (7)
Gst rate for gold is 3%.
Custom duty is out of GST.
So it will levied after GST also.
Custom duty is out of GST.
So it will levied after GST also.
Basic custom duty to continue...
Yes will be same.
that means it will be (10 custom duty + 3 gst) 13. m i right?
Yes you r right.
but the minimum rate of GST is 5%. how it comes to 3%
Special rate carved for jewellery
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