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As my customer is selling gold & silver and also giving service of making gold ornaments Please Reply me 1. Retail Rate of Gold and Silver 2. Ornament Making service rate if I make separate bill 3. If I make common bill of Gold and Making Charges.

Respected Sir,

As my customer is selling gold & silver and also giving service of making gold ornaments

Please Reply me

1. Retail Rate of Gold and Silver

2. Ornament Making service rate if I make separate bill

3. If I make common bill of Gold and Making Charges.

Reply

Dear Sir,

1.) Rate of GST on gold and silver ornaments is 3% [HSN code 7113]

2.) GST rate on making charges is 5%

3)  A single invoice can be issued in respect of selling of gold ornaments and for making charges, by classifying different GST rate  (i.e. 3% and 5% respectively), 

Posted Date: Jun 16, 2018
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