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TThe Consulting Crew

Industries · Jewellery & Gems

Jewellery & Gems

GST on gold, hallmarking, BIS, export documentation

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.

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.

Specialist compliance for jewellery & gems.

Talk to a CA who already knows your industry.