Calculate the total cost of buying gold jewellery, including base price, making charges, and GST.
Retailers may charge 3% to 25% making charges depending on craftsmanship. GST is mandatory on total value.
Making charges are the cost of converting raw gold into jewellery, typically ranging from 3% to 25% depending on the intricate craftsmanship.
Yes, a 3% GST is applicable on the total value of the gold and the making charges combined.
The 22K gold rate is generally calculated as 91.6% of the 24K gold rate, as it contains 91.6% pure gold.