GST ON JEWELLERY BUYING
Recently India ushered into new age of taxation on 7th July 2017 buy introducing GST as one country one tax idea . All the jeweler fraternity welcomed this move on the belief that this new tax regime will not only simplify the tax regime in the country but also will lead to transparent business practice in days to follow! The Existing Tax system under VAT was 1% which was less considering GST rate of 3%, but still its a rate worth considering [...]