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https://www.easycalculation.com/finance/vat-calculator-india.html
VAT is now being used by all the states and UN of India except Andaman and Nicobar Island. Standard rate varies from 12.5 to 15 % A rate of 1 % is provided for gold, jewellery, silver,platinum etc.,
https://www.bankbazaar.com/tax/value-added-tax.html
May 08, 2020 · For such items, VAT is kept as low as 1%. Gold, silver and other precious stones as well as precious jewelry fall under this category of goods. Most Indian states have fixed VAT for these items at 1% of the amount. 4-5% VAT Rate:
https://www.avalara.com/vatlive/en/vat-rates/international-vat-and-gst-rates.html
Algeria VAT rates: Rate: Type: Which goods or services: 19%: Standard: All other taxable goods and services: 14%: Reduced: Various basic goods: 9%: Reduced: Goods and services relating to agriculture; production and distribution of sugar and edible oils; goods and services relating to shipping; certain iron and steel products; internet services; electronic services (including downloads or ...
https://tallysolutions.com/gst/gst-impact-on-gold-jewellery/
Sep 04, 2017 · While most states charged 1% VAT, there were states such as Kerala, which used to charge 5% VAT. Overall, the national average for VAT hovered around 1.2%. GST regime. After the implementation of GST, GST on gold rate will marginally increase to approximately 14%. Hence, the cost of gold and gold jewellery will be marginally higher in the GST era.Author: Tally Solutions
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