Gold GST Calculator for Jewellery, Bullion and Making Charges
Calculate GST on a gold or jewellery invoice, split intrastate tax into CGST and SGST, show interstate IGST, or remove GST from an inclusive total. Retail jewellery, gold or bullion and standalone Chapter 71 job-work modes are kept separate.
Last Updated: July 29, 2026Calculate GST on gold in India
Use GST-exclusive component amounts to add tax, or enter one GST-inclusive total to reverse it. The current starting rates are 3% for covered gold and jewellery goods and 5% for qualifying standalone Chapter 71 job work.
Invoice total: ₹1,13,300.00 at a combined 3% rate.
Intrastate tax is split into ₹1,650.00 CGST and ₹1,650.00 SGST. Display values reconcile to the nearest paisa.
Invoice breakdown
| Item | Amount or treatment |
|---|---|
| Transaction | Retail jewellery sale |
| Gold, stones and jewellery base value | ₹1,00,000.00 |
| Making and wastage charges | ₹10,000.00 |
| Other same-rate taxable additions | ₹0.00 |
| Entered GST-inclusive total | ₹1,03,000.00 |
| Eligible pre-GST discount | ₹0.00 |
| Taxable value | ₹1,10,000.00 |
| Combined GST rate | 3% |
| CGST | ₹1,650.00 |
| SGST | ₹1,650.00 |
| IGST | ₹0.00 |
| Total GST | ₹3,300.00 |
| Invoice including GST | ₹1,13,300.00 |
Calculation steps
- Add active GST-exclusive invoice components: ₹1,00,000 + ₹10,000 + ₹0 = ₹1,10,000.
- Subtract the eligible pre-GST discount: ₹1,10,000 - ₹0 = ₹1,10,000.
- Apply 3% GST: ₹1,10,000 x 3% = ₹3,300.
- Add GST to taxable value: ₹1,10,000 + ₹3,300 = ₹1,13,300.
How to use the Gold GST Calculator
- Select Add GST when your gold, jewellery or service amounts exclude GST. Select Remove GST when you only know the final GST-inclusive total.
- Choose retail jewellery, gold or bullion, or standalone Chapter 71 job work. These transactions do not use the same taxable base in every case.
- Select intrastate supply for a CGST and SGST split, or interstate supply for IGST.
- Check the combined GST rate. The tool starts at 3% for covered gold and jewellery goods and 5% for qualifying jewellery job work.
- Enter invoice amounts in rupees. In add mode, use GST-exclusive amounts and one eligible discount shown before GST.
- Review taxable value, total GST, the tax split, final invoice and calculation steps.
Current GST rates on gold and jewellery
The CBIC GST rate portal places gold under heading 7108, articles of jewellery under heading 7113 and coins under heading 7118 in the 3% combined GST schedule. For an intrastate supply, 3% is shown as 1.5% CGST plus 1.5% SGST. For an interstate supply, the combined amount is 3% IGST.
The service-rate table treats job work for Chapter 71 products other than diamonds at 5% combined GST under heading 9988. This is a separate service case. It should not be used to split a normal retail jewellery sale into 3% on gold and 5% on separately displayed making charges.
| Transaction used by this calculator | Current starting rate | Taxable base |
|---|---|---|
| Retail jewellery sale | 3% combined | Total transaction value of jewellery, including making charges in the retail supply |
| Gold, bar, bullion or covered coin sale | 3% combined | GST-exclusive taxable value under the applicable goods classification |
| Chapter 71 job work for a registered principal | 5% combined | Qualifying job charges for goods owned by another registered person |
Classification matters. Diamonds have a separate job-work entry. Collectible coins, mixed products, repairs, imports, exports, unregistered activity and transactions involving several separately classified supplies need invoice-specific review. The editable rate field does not decide HSN or SAC classification for you.
Gold GST formula
In add mode, the calculator totals active GST-exclusive components and subtracts one eligible invoice discount. It then applies the selected combined rate.
For an intrastate estimate, total GST is divided between CGST and SGST. The calculator allocates any odd paisa so the two components reconcile exactly to displayed total GST. For interstate supply, the whole amount is shown as IGST.
Worked example: retail gold jewellery
Assume a seller shows a gold and stone value of ₹1,00,000 and making or wastage charges of ₹10,000. There is no other taxable addition and no pre-GST discount. The supply is intrastate.
- Gross transaction value = ₹1,00,000 + ₹10,000 = ₹1,10,000.
- Taxable value after discount = ₹1,10,000.
- Total GST at 3% = ₹3,300.
- CGST at 1.5% = ₹1,650.
- SGST at 1.5% = ₹1,650.
- Estimated invoice total = ₹1,13,300.
The 5% job-work rate is not added to the making-charge line in this retail example. The official sectoral FAQ treats the retail jewellery transaction as 3% on its total value, even if the seller lists making charges separately.
GST on making charges versus standalone job work
The distinction follows the actual supply, ownership of material, registered-principal condition, contractual arrangement and invoice. A label such as "making charge" does not by itself turn part of a retail jewellery sale into a separate job-work service. Ordinary processing of consumer-owned gold does not automatically meet the statutory job-work definition and can fall under a different service rate depending on the facts. Diamond job work also has a separate entry. Use the 5% mode only for qualifying non-diamond Chapter 71 job work.
How to remove GST from an inclusive gold price
Reverse mode is useful when a receipt shows one total that already includes GST. It divides the inclusive amount by one plus the selected rate, then treats the remainder as GST.
At 3%, an inclusive amount of ₹1,03,000 contains a taxable value of ₹1,00,000 and GST of ₹3,000. Dividing an inclusive price by 100 and multiplying by 3 would overstate tax because GST is already part of the entered total.
Discounts and taxable invoice value
Section 15 valuation principles normally begin with transaction value when supplier and recipient are not related and price is the sole consideration. Incidental amounts charged by the supplier can form part of value. A discount given before or at supply and recorded in the invoice can reduce taxable value.
The calculator therefore accepts one pre-GST discount. It does not test the legal conditions for a post-supply discount, credit note, exchange credit, loyalty benefit or third-party subsidy. If your metal, making and other amounts are already net of discount, leave the discount field at zero. Entering the same discount again understates both taxable value and GST.
Old gold exchange needs separate treatment
Do not subtract an old-gold exchange credit from the new jewellery taxable value in this calculator. The CBIC gems and jewellery FAQ illustrates that when 10 grams of old gold are exchanged toward 20 grams of new jewellery, GST applies to the open-market value of the full 20 grams. The new supply, purchase of old jewellery, margin-scheme conditions and invoice documentation still require separate analysis. The FAQ also distinguishes an individual occasionally selling personal old jewellery from an unregistered person selling old gold in the course or furtherance of business.
This calculator handles only the taxable amount entered for the current gold, jewellery or job-work invoice. Use the related old-gold tool to estimate commercial exchange credit, then confirm the GST treatment on the actual tax invoice with the seller or a tax professional.
CGST and SGST versus IGST
Select intrastate only when the applicable place-of-supply and supplier-location rules result in an intra-state supply. The calculator then divides the combined rate equally. At 3%, it shows 1.5% CGST and 1.5% SGST. At 5%, it shows 2.5% CGST and 2.5% SGST.
Select interstate when IGST applies. The total tax rate does not double. A 3% interstate rate means 3% IGST, not 3% CGST plus another 3% IGST. Place of supply can be fact-specific, especially for movement, delivery through another person, exports or bill-to and ship-to arrangements.
Common gold GST mistakes
| Mistake | Why the result fails | Better entry |
|---|---|---|
| Applying 3% to gold and 5% to retail making charges | It conflicts with the CBIC retail-jewellery FAQ for the ordinary total transaction. | Use retail mode and 3% on total transaction value. |
| Entering a GST-inclusive price in add mode | The calculator adds tax again. | Use remove mode for an inclusive total. |
| Entering one half of the rate | The rate field expects the combined rate. | Enter 3%, not 1.5%, for standard covered gold goods. |
| Counting a discount twice | Already-net components plus the same discount understate value. | Use gross components plus discount, or net components with zero discount. |
| Subtracting trade-in credit without checking invoice treatment | Old-gold purchase and new-jewellery supply can require separate treatment. | Use the compliant taxable value shown by the seller. |
What this calculator does not include
- Live gold price, purity, karat, weight, hallmark or stone valuation.
- Customs duty, import valuation, baggage rules, export zero rating or refund.
- HSN or SAC classification, registration threshold, composition levy, reverse charge or input tax credit.
- Second-hand margin-scheme eligibility, old-gold exchange tax treatment or dealer purchase accounting.
- E-invoicing, e-way bill, invoice-number validation, tax return filing or interest and penalties.
- Seller-specific rupee rounding, line-item allocation or tax-invoice compliance.
The calculator rounds its estimate to the nearest paisa and keeps full precision during the formula. A seller may round invoice values under applicable rules or use approved accounting treatment. Compare the result with the actual invoice rather than treating this page as an invoice generator.
Related gold and tax calculators
Browse all tools in the Metals Calculators directory, or use these related pages:
Frequently asked questions
What is the GST rate on gold in India in 2026?
The current CBIC rate portal shows a 3% combined GST rate for covered gold under heading 7108, jewellery under heading 7113 and coins under heading 7118. Intrastate tax is normally 1.5% CGST plus 1.5% SGST; interstate tax is 3% IGST.
Is GST on gold jewellery charged on making charges?
For an ordinary retail jewellery sale, yes. The official CBIC gems and jewellery FAQ says 3% applies to the total transaction value of jewellery whether making charges are shown separately or not.
Is GST on jewellery making charges 5%?
Five percent applies to qualifying Chapter 71 job work on goods owned by another registered person. It should not be applied automatically to a making-charge line within a normal retail sale of finished jewellery.
How is 3% GST split between CGST and SGST?
For the intrastate option, the calculator splits 3% into 1.5% CGST and 1.5% SGST. For interstate supply, it shows the combined 3% as IGST.
How do I remove GST from a gold price?
Select Remove GST, enter the inclusive total and confirm the combined rate. The calculator divides the total by 1 plus the rate and subtracts the resulting taxable value to find included GST.
Does a discount reduce GST on gold jewellery?
A discount given before or at supply and recorded in the invoice can reduce taxable value under Section 15 conditions. Enter it once. This calculator does not decide whether a post-supply discount qualifies.
Can I subtract old gold exchange value before calculating GST?
No. The CBIC jewellery FAQ illustrates GST on the open-market value of the full new item even when old gold is exchanged toward it. Enter the compliant full taxable value from the seller's invoice.
Does this calculator include customs duty on imported gold?
No. It calculates domestic GST from entered taxable values. Customs duty, import valuation, social welfare surcharge, baggage treatment and other import charges are outside its scope.
Does the calculator fetch today's gold price?
No. Enter GST-exclusive rupee values from a seller quote or a separate pricing calculator. This tool does not determine gold rate, weight, purity, hallmark or stone value.
Is this Gold GST Calculator a valid tax invoice?
No. It is an educational estimate. A valid invoice depends on the registered supplier, GSTIN, place of supply, HSN or SAC, taxable value, rate, tax split and other statutory particulars.
Official GST sources
- CBIC: GST rate portal linking to the current tax-information tables
- CBIC Notification 9/2025-Integrated Tax (Rate): current goods-rate schedules
- CBIC: sectoral FAQs, including gems and jewellery
- GST Council: Gems and Jewellery sectoral FAQ PDF
- CBIC Tax Information Portal: active Section 15 valuation rules
- CBIC: valuation rules, including non-monetary exchange value
- CBIC Circular 38/12/2018-GST: job-work clarifications
Disclaimer: This calculator provides a general educational estimate, not tax, legal, accounting, valuation or investment advice and not a valid tax invoice. Actual GST depends on classification, transaction value, discounts, place of supply, supplier status, documentation, notifications and the facts of the transaction. Verify the seller's invoice and current official guidance or consult a qualified GST professional.