Hellow guys, Welcome to my website, and you are watching GST on Gold | Impact of GST on ETF, Physical Gold and Digital Gold. and this vIdeo is uploaded by Clear from ClearTax at 2021-05-02T01:30:01-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | GST on Gold | Impact of GST on ETF, Physical Gold and Digital Gold |
| Video Uploader | Video From Clear from ClearTax |
| Upload Date | This Video Uploaded At 02-05-2021 08:30:01 |
| Video Discription | Impact of GST on Gold and Gold Jewelry Prices - https://cleartax.in/s/gst-impact-on-gold Tax on Gold Jewelry Holdings - https://cleartax.in/s/gold-jewellery-holdings-limit-taxation Indians have a long-standing history with gold, making jewelry purchases or making secure investments in this precious yellow metal. Buying physical gold has increased over the last couple of months, with India seeing an import of USD 27.01 billion in precious metals in March 2021. This is a 44.45% growth rate compared to March 2020, as per a release by the Ministry of Commerce and Industry on 1st April. The price of the yellow metal had corrected by around 16% since its peak in August 2020. If you are an investor looking to invest in gold at this point, you should understand the GST implications of buying gold in various forms. Tax on the making charges on gold jewelry was introduced under GST. On the other hand, basic customs duty continues to be collected on the import of gold from other countries and the levy of IGST. Watch the video to understand the following- 1) GST impact on the purchase of gold jewelry. 2) GST impact on own gold in the form of gold coins or some jewelry. 3) GST impact on Gold exchange-traded funds (ETFs). 4) GST impact on digital gold. Comment below if you have any doubts and we will try to reply to it as soon as we can. Also, don't forget to like, subscribe and share this video. Stay tuned to our channel for more informative videos. #GSTonGold #GoldPrice #GST #ETF #DigitalGold |
| Category | Education |
| Tags | GST on Gold | Gold Price | GST | ETF | Digital Gold | purchase of gold | Gold exchange-traded fund | gold coins | gold charges |
