Guides
Know the numbers behind the counter.
Short guides, checked against BIS, CBIC and other published sources. Each one comes with a free tool.
-
What HUID is and how to check it
The three marks of a BIS hallmark, the six-character HUID, where it is required, what is exempt, and how a customer checks it in the BIS CARE app.
-
916, 22K and KDM explained
Karat and fineness, the purity grades BIS hallmarks, why 22K is stamped 916, what KDM meant, and why the rate you quote depends on purity.
-
How a jewellery bill is calculated
Gold value, wastage, making, stones and 3% GST, line by line, with a worked example and the round off.
-
How old gold exchange is valued
Weight, purity tests, deductions and how an exchange sets off a new bill, with the GST points to check with your CA.
-
How gold saving schemes work
The pay-11-get-12 scheme, how much gold it buys, the deposit rules that apply to running one, and the records that keep it clean.
-
GSTR-1 and 3B for jewellers
What each return reports, the monthly and QRMP due dates, the GSTR-1 tables a jewellery shop fills, HSN codes, and uploading the return as JSON.