what is the SAC Code for Charges received for Valuation of Gold Jewellery ?
Also what is rate of GST on Valuation Charges ?
Replies (8)
Quick Summary
Valuation charges for gold jewellery are generally treated as professional or technical services under SAC code 998399 or related service categories. GST on valuation charges is commonly considered 18 percent, separate from GST applicable on gold jewellery sales or job work.