As the rollout deadline nears for a national goods and services tax (GST), there is ambiguity on its applicability to gold jewellery.
A section of jewellers considers making charges as a service charge and shows this separately while billing. If a service, the applicable rate would be 18 per cent, by the draft GST guidelines.
Another section of jewellers, however, adds making charges in value of the jewellery; they do not show it separately but add it to the price of gold. In this case, the applicable rate under GST would be two per cent (assumed, as the
A section of jewellers considers making charges as a service charge and shows this separately while billing. If a service, the applicable rate would be 18 per cent, by the draft GST guidelines.
Another section of jewellers, however, adds making charges in value of the jewellery; they do not show it separately but add it to the price of gold. In this case, the applicable rate under GST would be two per cent (assumed, as the

)