Formula summary
Final Jewellery Price = (Gold rate/gram × weight) + making charges + GST + other fees Sum up the subtotal, GST, and other fees. (e.g., Rs 1,23,178 + Rs 3695.34 + Rs 45 (hallmarking) = Rs 1,26,918.34 ). If you’re purchasing gold jewellery, an additional 5% GST is levied on the making charges (if charged separately). So, another Rs 250 (5% of Rs 5,000) as GST on making charges.
