GST on Gold Today 2026: Latest Rates & Hidden Charges Explained

Updated: April 2026

Gold is one of the most popular investments in India. But before buying gold, it is important to understand the GST applied on gold and how it affects the final price.

What is GST on Gold in India?

Currently, gold attracts 3% GST on its value. This tax is applied on the total price of gold when you purchase it.

GST on Making Charges

Jewellery making charges attract an additional 5% GST. This increases the overall cost of gold jewellery significantly.

Example Calculation

If gold price is ₹50,000:

• 3% GST on gold = ₹1,500
• Making charges GST = extra cost

Hidden Charges You Should Know

Many buyers are unaware of additional charges such as making fees and GST on those fees. Always ask for a proper bill before purchasing.

Calculate GST Instantly

Use our free tool to calculate GST on gold price:

👉 Calculate GST Now

Why GST on Gold Matters

Even a small percentage like 3% can significantly increase total cost when buying expensive gold items.

FAQs

What is GST rate on gold?
3% GST is applied on gold value.

Is GST applied on making charges?
Yes, 5% GST is applied on making charges.

How to reduce GST on gold?
GST is fixed, but you can compare making charges to save money.