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New GST Provision Effect on Gold Jewellery

    https://taxguru.in/goods-and-service-tax/gst-provision-effect-gold-jewellery.html
    Aug 20, 2020 · A panel of State Finance Ministers veered around to agree on a proposal to levy 3% GST on sale of old gold and jewellery to check tax evasion, Kerala Finance Minister Thomas Isaac said. The Group of Ministers (GoM) also decided to implement the e-way bill system for transportation of gold …

gst on gold: GST on gold: Guard against Kerala model - The ...

    https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/gst-on-gold-guard-against-kerala-model/articleshow/59499996.cms
    Jul 08, 2017 · Kerala, the highest per capita consumer of gold in the country, let an undesirable model thrive on high tax rates. The government has shown a positive intent by fixing the GST rate on gold …Author: ET CONTRIBUTORS

Value added tax on gold jewellery sale likely to be cut in ...

    https://www.thehindu.com/news/cities/Thiruvananthapuram/value-added-tax-on-gold-jewellery-sale-likely-to-be-cut/article7494740.ece#!
    Mar 29, 2016 · Five per cent VAT is applicable on sales done at outlets, which do not follow the compounding pattern of commercial sales tax remittance. The merchants conforming to the compounding tax system …

Kerala jewellers resent sales tax hike on gold

    https://www.rediff.com/money/2006/jun/27kerala.htm
    Jun 27, 2006 · As many as 4,000 gold and silver jewellers in Kerala observed a hartal on Tuesday in protest against the government's decision to hike sales tax on gold.

Tax on gold I Capital gains tax on gold sale will depend ...

    https://www.timesnownews.com/business-economy/personal-finance/article/capital-gains-tax-on-gold-sale-will-depend-on-form-of-yellow-metal-purchased/669826
    Oct 20, 2020 · There are four ways of buying gold in India: 1. Physical gold in the form of jewellery and coins. 2. Gold mutual funds & Exchange Traded Funds (ETFs) 3.Digital gold 4. Sovereign gold bonds (SGBs). At the time of selling gold, the tax levied is determined by the form of gold was invested in. Tax on physical jewellery …

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