News & Media 22nd Sep 2022

Govt hikes gold, silver hallmarking charges; here are the details of new charges

Authors

Nishant Shah Partner | Mumbai

Latest Thought Leadership

News & Media 3rd Jul 2024

10% growth in GST revenue may continue in near term

Articles 3rd Jul 2024

No GST on ESOP reimbursements – An incentive from the Government to employers

Alerts & Updates 2nd Jul 2024

ELP Tax Update – Recent Developments in Direct Tax

News & Media 2nd Jul 2024

Global tax deal: With MLC deadline gone, DSTs may be reinstated on tech cos

Owning gold and silver derives a value of heritage in this country . Hallmarking is now par for the course on certain items. Having said that, the Bureau of Indian Standards under the Department of Consumer Affairs has issued a new notification announcing the new charges for hallmarking gold and silver artefacts and jewelry . It has now been increased from 35 to 45 rupees per item.

The Economic Times has written an article on the charges of gold and silver for hallmarking in which Economic Laws Practice (ELP) Laws Partner’s Partner Nishant Shah’s views have been sought.

Read the article to know more: Click Here