VATupdate

Share this post on

Importance of Hallmarked Gold and GST Receipt in Ensuring Purity and Consumer Protection

  • When buying gold, ensure the article is hallmarked
  • Do not forget to get the GST receipt for your purchase
  • Purity of gold is a concern for household consumers in India
  • Receipt from jeweller is important evidence in case of disputes
  • 14% of gold jewellery buyers did not take receipt in last 12 months
  • Avoiding GST receipt can lead to difficulties in getting redressal for inferior quality gold

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner