What is the price of 18 carat gold in Pakistan?

The current 18K Gold rates in Pakistan on 12 Jul 2021 are as per the following: 10 Gram gold is for Rs 70220 and 1 Tola is for Rs 81903….Gold Rates 22K.

WEIGHT	RATE
1 Gram	RS 7022
10 Gram	RS 70220
1 Tola	RS 81903
1 Ounce	RS 199070

What is rate of 18 carat gold?

Check today’s Gold price rate of 10 grams / 1 tola of 18 Carat 750 KDM gold in Indian major cities….18CT / 750 KDM Gold Rate Today @price: 38320.

City	Delhi
Weight	10 Gms
Carat / 750 Kdm	18 Carat / 750 Kdm
Price	Rs. 38,120

What is the price of 10 gram gold in Pakistan?

Gold Price in Pakistan

Gold Price in Pakistan As on Fri, Jul 16 2021, 06:55 GMT
Gold Rate	24K Gold	22K Gold
per 10 Gram	Rs. 93500	Rs. 85708
per Gram Gold	Rs. 9350	Rs. 8571
per Ounce	Rs. 265100	Rs. 243007

How much is 5 tola in grams?

Tola to Gram Conversion Table

Tola [tola]	Gram [g]
5	58.3
6	69.96
7	81.62
8	93.28

How many gram is a tola?

11.6638038 grams

How do I calculate GST for gold?

✅How is GST calculated on gold Jewellery? If the gold is imported from outside, the vendors will pay a custom duty of 10% on the gold value. Additionally, 3% of GST is charged on the gold value. If the gold is used to make ornaments, 5% GST is levied on making charges of the gold.

How do you avoid GST on gold?

Resale- If you are selling old gold, it will not have any tax on it if you use that money to buy new gold jewelry. This means, you need to buy new gold in exchange of old to avoid taxes. Before GST, there was a 3 percent charge on selling old gold even if you were buying new gold along with it.

How do you calculate GST on gold?

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)

Can we claim GST on gold?

Since the principal supply is the sale of gold, the GST rate of 3% shall be levied instead of 5% on the total value of jewellery, whether or not making charges is shown separately. The CBIC has clarified this in its sectoral FAQs.

What is the GST on diamond Jewellery?

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