Desi Calculator

Frequently asked questions

How is a gold jewellery price calculated?

Price = weight × that carat’s rate + making charge + 3% GST. 10 g of 22K worth ₹1.37 lakh, with 12% making and 3% GST, comes to about ₹1.58 lakh.

How do I get the 22 carat rate?

22K is 91.6% gold. Multiply the 24K rate by 0.916 for a rough 22K rate. 18K is 75% gold.

How much GST is charged on gold?

Gold jewellery carries 3% GST, charged on both the gold value and the making charge.

What are hallmark and HUID?

The BIS hallmark is the government’s guarantee of purity. Every hallmarked piece has a 6-character HUID code that you can verify in the BIS Care app.