Jewellers are happy that the government created a special category in the GST for them. (For representation only) Jewellers are happy that the government created a special category in the GST for them. (For representation only)Jewellers on Monday welcomed the decision to fix the goods and services tax (GST) rate for gold at 3 per cent and for rough diamonds at 0.25 per cent, saying the movewill help boost the industry. They said the government has understood the need of the bullion industry and created a special category in the GST. “We welcome the government’s decision of 3 per cent GST for gold and 0.25 per cent on rough diamonds.

Source: Indian Express June 05, 2017 16:52 UTC