Searching for Service Tax On Valuation Of Jewellery information? Follow the links below to find all the information you need and more.
https://taxguru.in/goods-and-service-tax/gst-guide-jewellers.html
The Jeweller will charge GST @ 3% on Rs. 1,00,000. It is important to note that this supply is a composite supply as defined under section 2 (30) comprising of supply of Gold ornament along with supply of ornament making services.
https://www.lawyersclubindia.com/experts/valuation-of-jewellary-under-wealth-tax-47681.asp
Nov 13, 2009 · 13 November 2009 The value of the jewellery shall be estimated to be the price it would fetch if sold in open market on the valuation date, further the return of net wealth as furnished by assessee must be supported by: i) A statement in the prescribed form (MOSA) where the value of the jewellery on the valuation dates does not exceed Rs. 5 Lac.
https://www.investopedia.com/articles/personal-finance/100115/how-value-jewelry-inherited-loved-one.asp
Nov 18, 2019 · Association of Independent Jewellery Valuers ... such as fair market value (used for tax purposes), replacement value (for insurance coverage) or liquidation value (for bankruptcy or business ...
https://www.caclubindia.com/forum/what-is-the-sac-code-for-valuation-charges--418292.asp
Dec 14, 2018 · but GST @ 5 % is on labour job of gold Jewellery not on charges received for Valuation of gold jewellery Dhirajlal Rambhia (KVO Merau Kutchh) 20 August 2017
https://www.incometaxindia.gov.in/Forms/Wealth-Tax%20Rules,%201957/103120000000008063.pdf
Date as on which valuation is made 3. Name of the owner(s) of the jewellery 4. If the asset is under joint ownership/coownership, share of - each owner 5. Description of each item of jewellery 6. Total gross weight of each item of jewellery 7. Net weight of precious metal, such as gold, silver, platinum, etc., in each item of jewellery 8.
We hope that you have found all the necessary information about Service Tax On Valuation Of Jewellery using the links above.