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https://www.melorra.com/jewellery-guide-education/gold/buying-and-pricing/wastage-charges-and-making-charges/
This concept originated because jewellers used their hands at the old times resulting in a certain amount of gold wastage, and even modern machine-made jewellery has a wastage charge component. Pieces that are embellished with stones cause a little more wastage than plainer gold jewellery.
https://www.mygoldguide.in/a-look-into-gold-jewellery-making-and-gold-wastage-percentage-charges
The creation of gold jewellery including melting, cutting, and shaping gold. This leads to some amount of wastage as the perfect pieces are joined together for a single piece of well-designed jewellery. The concept of wastage charges originated because jewellers used their hands, but even modern machine-made jewellery has a wastage charge component. Pieces that are embellished with stones will …
https://ajithprasad.com/gold-jewellery-buying-tips-wastage-charges-making-charges-va-karat-916-bis-hallmark/
Aug 09, 2012 · When you buy a 10 gram gold chain with the making charges at 35 rupees per gram and wastage charges at 12%, the following will be the calculation to arrive at the final price: (1) Cost of gold alone = 10 * 2500 = 25,000/-. (2) Making charges = 10 * 35 = …Estimated Reading Time: 7 mins
https://www.youtube.com/watch?v=lEOJeqkTC8s
Jul 26, 2019 · How to calculate gold jewellery wastage easy methodAuthor: Akila creations
https://www.change.org/p/cro-bis-org-in-bs-bis-org-in-govt-norms-for-the-wastage-charges-in-gold-jewellery-reduction-control
When you buy a 10 gram gold chain with the making charges at 35 rupees per gram and wastage charges at 12%, the following will be the calculation to arrive at the final price: (1) Cost of gold alone = 10 * 2500 = 25,000/- (2) Making charges = 10 * 35 = 350/- (3) Wastage charges = 12 * 25,000 / 100 = 3,000/- The total cost before VAT = 28,350/- If the VAT is at 1% that becomes 28,633.50/- Recently the jewellers have started representing the Wastage …
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