Jewellery and gems is one of Jaipur's defining industries and one of the most compliance-heavy. GST at 3%, BIS hallmarking, EXIM rules and high-value cash purchases each bring their own paperwork.
We run end-to-end compliance for jewellers — from monthly GST and ITC reconciliation against making charges, to BIS and hallmarking registration, to RBI-FEMA filings for foreign buyers.
Compliance challenges we solve
Mixed GST rates
3% on gold, 5% on making charges, 18% on packaging — clean ITC reconciliation is non-trivial.
Cash transaction limits
Section 269ST and 40A(3) penalties hit fast. We document cash flows and recommend safer settlement structures.
BIS hallmarking
Registration, invoice marking and renewal handled end-to-end.
Export incentives
EPCG, RoDTEP and duty drawback claims captured every quarter.
Jaipur’s jewellery industry and its compliance load
Jaipur is the beating heart of India’s coloured-gemstone and jewellery trade — from the workshops of Johari Bazaar to the export houses of Sitapura SEZ, the city handles a vast share of the country’s gem cutting, polishing and jewellery manufacturing. That concentration makes jewellery one of Rajasthan’s signature industries, and also one of its most compliance-heavy, where a single transaction can touch GST, BIS hallmarking, customs and FEMA all at once.
We work with Jaipur jewellers, karigars, wholesalers and exporters who need a compliance partner that already understands gold valuation, making-charge invoicing and EXIM paperwork — not a generalist learning the trade on your books. Our clients include Rajasthan businesses like Aardhya Construction and Prabhat Steel, and the same hands-on, fixed-fee approach is built specifically for the gem and jewellery sector here.
GST on gold, making charges and ITC
GST on jewellery is deceptively layered: 3% applies to the gold value, 5% to making charges, and 18% to packaging and certain services. When these are billed together, input tax credit has to be apportioned correctly or you risk a rate-mismatch notice. We design your invoice format so each component is clearly broken out, then reconcile ITC against GSTR-2B every month so your claims stand up to scrutiny.
BIS hallmarking and HUID
Hallmarking of gold jewellery is now mandatory across notified districts, with every article carrying a six-digit Hallmark Unique Identification (HUID) number. We handle your BIS outlet registration, align your billing and stock records to HUID requirements, and manage renewals before they lapse, so you can sell without interruption or risk of seizure.
Cash limits, exports and incentives
High-value jewellery sales attract close scrutiny under Section 269ST, which prohibits cash receipts of ₹2 lakh or more from a single person, with a matching 100% penalty for breaches; Section 40A(3) further restricts cash expenditure. We document your cash flows and recommend banking-channel settlement structures that keep you safe. On the export side, we capture Import Export Code registration, EPCG, RoDTEP and duty-drawback claims every quarter and manage the RBI-FEMA filings that foreign-buyer transactions require.
How TCC serves jewellery & gems businesses
We run end-to-end compliance for jewellers — monthly GST and ITC reconciliation against making charges, BIS and hallmarking registration, EXIM and export-incentive claims, and FEMA filings for foreign buyers — on a single fixed monthly fee with WhatsApp-first support. Because we are based in Jaipur and serve PAN-India, you get a team that knows both the local trade and the national rulebook, with notice handling included rather than billed as an emergency.
Frequently asked
How is GST charged on jewellery?+
3% on the gold value plus 5% on making charges. We help structure invoices to avoid notices on rate-mismatch.
Do you handle EXIM and EPCG?+
Yes — Import Export Code, EPCG, RoDTEP and duty drawback are part of our jewellery export bundle.
What about high-value cash receipts?+
We track Section 269ST limits and recommend banking channels to avoid 100% penalty exposure.
Is BIS hallmarking mandatory for my showroom?+
Yes. Hallmarking of gold jewellery is mandatory in notified districts, and each piece must carry a six-digit HUID. We handle BIS registration of your outlet, invoice marking and annual renewal.
How do I claim ITC on a mixed gold-and-making-charge bill?+
Input tax credit must be split between the 3% gold component and the 5% making-charge component, with packaging at 18%. We reconcile your purchase register against GSTR-2B every month so you claim only eligible credit and avoid rate-mismatch notices.
Do you support gem and jewellery exporters in Jaipur?+
Yes. We work with Jaipur exporters on Import Export Code, RoDTEP and duty-drawback claims, RBI-FEMA filings for foreign buyers, and the documentation SEZ and EOU units need.
Specialist compliance for jewellery & gems.
Talk to a CA who already knows your industry.