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https://www.timesnownews.com/business-economy/personal-finance/planning-investing/article/buying-gold-jewellery-heres-how-making-charges-can-impact-gold-jewellery-price/681737
Nov 14, 2020 · 8% making charges Cost of 10 gram gold (22KT) : Rs 50,000 + 8% making charges: Rs 4,000 + 3% GST on Rs 54,000: Rs 1,620 Total price you pay: Rs 55,620. Flat rate Cost of 10 gram gold (22KT) : Rs 50,000 + Rs 299 per gram making charges: Rs 2,990 + 3% GST on Rs 52,990: Rs 1,589.70 Total price you pay: Rs 54,579.70.Estimated Reading Time: 4 mins
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The making charge for gold jewellery in India is in Rupees for each gram of gold. Usually, this charge varies between Rupees 25 to 35. It is a much smaller amount compared to the price you pay for the gold, but you have to still pay this for converting raw gold into jewellery.
https://www.melorra.com/jewellery-guide-education/gold/buying-and-pricing/wastage-charges-and-making-charges/
Some jewellers include making charge at a fixed rate per gram of gold, while others charge is based on a percentage of the total jewellery weight. For mass-market machine-made jewellery like simple gold chains, the making charges usually range from 3% to 25%.
https://economictimes.indiatimes.com/wealth/spend/how-different-methods-of-levy-of-making-charges-can-sharply-impact-gold-jewellery-price/articleshow/79205053.cms
Nov 13, 2020 · When making charges are in per gram Cost of gold jewellery: Rs 2500 per gram X 15 grams = Rs 37, 500 Making charges: 15 grams X 300 = Rs 4,500 Total cost = Rs 42,000 When making charges are in per cent Cost of gold jewellery: Rs 2500 per gram X 15 grams = Rs 37,500 Making charges: 12 per cent of Rs 37,500 = Rs 4500 Total = Rs 42000Author: Preeti Motiani
https://ajithprasad.com/gold-jewellery-buying-tips-wastage-charges-making-charges-va-karat-916-bis-hallmark/
Aug 09, 2012 · Cost of Gold Jewellery = Making Charges + Wastage Charges + Cost of Stones, if any + VAT. For example, assume that the gold rate is at Rs.2500/- per gram for 22 Karat gold. 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:
https://www.timesnownews.com/business-economy/economy/article/buying-gold-from-jewellers-understand-the-making-charges-first/137105
Dec 01, 2017 · Price of jewellery = Gold rate/Gram x Weight of gold in jewellery + Making charge/gram + GST (on Jewellery plus making charge). For example, suppose gold rate quoted by the jeweller is Rs 30K/10gram (i.e. Rs 3K/gm) for 22 carat gold. Weight of gold in jewellery you purchase= 20 gram and making charge is Rs 300/gram.
https://www.bluestone.com/jewellery-education/buying-and-price-guide/gold-jewellery-guide/making-charges-and-wastage-charges-in-gold-jewellery
What are Making Charges in Gold jewellery. When you fall in love with a piece of gold jewellery, and decide to purchase it, you don’t just buy the piece, you invest in a design conceptualised by the designer, the effort and the artistry that it takes for the craftsmen to shape, polish, cut and mould that gold into the design you choose.
https://economictimes.indiatimes.com/wealth/spend/how-jewellers-calculate-the-price-of-gold-jewellery-you-buy/articleshow/61016003.cms
Oct 10, 2017 · Add making charges, suppose 10 per cent, which comes to Rs 2,625.60 (10% of Rs 26,256) Total price of gold jewellery = Rs 28,881.60 (price of 9.60 grams gold chain plus making charges) Add GST at 3%: Rs 866.44 (3% of Rs 28,881.60) The final billing amount will be Rs 29,748.04 (Rs 26,256 + Rs 2,625.60 + Rs 866.44)
https://www.bluestone.com/jewellery-education/buying-and-price-guide/gold-jewellery-guide/what-to-look-for-when-buying-gold-jewellery-in-india
Negotiate the Making Charges: Another important step while buying gold jewellery is to negotiate the making charges. Making jewellery involves a labour cost, which jewellers pass on to the buyers. The making charge varies as it’s generally a percentage of the present gold price.
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