JEWELLERY ESTIMATE & TAX QUOTATION

Generated via TurfPe Bullion & Jewellery Suite

QUOTE #TP-2026-0982

Date: 10 Sep 2026

Precious Metals & Bullion Suite

Live Gold Rate & Jewellery Suite

Live Indian bullion market rates, BIS Hallmarking cost breakdown, Making Charges & GST 3% calculator, and Gold SIP wealth projections.

MCX / IBJA Benchmark Active

Ornament & Metal Specifications

Choose article preset or configure custom weight, purity, and charges.

💍 Solitaire Ring (4.5g / 18K) 📿 Gold Chain (16g / 22K) 👑 Bridal Necklace (42g / 22K) ✨ Bangles Pair (30g / 22K) 🪙 24K Gold Coin (10g / 24K) 🥈 Silver Pooja Plate (120g)
Mandatory BIS Hallmarking Fee
Standard ₹45 + 18% GST (₹53.10) per article under Indian Consumer Protection Act
Old Gold Exchange / Buyback Credit
Deduct value of traded-in scrap or old jewellery
Transparent Price Breakdown (GST 3% Compliant)
Total Payable Amount
₹ 1,32,450
Rupees One Lakh Thirty-Two Thousand Four Hundred Fifty Only
Pure Metal Rate ₹6,850 / g
Net Gold Value (16.0g) ₹1,09,600.00
Making Charges (10%) ₹10,960.00
BIS Hallmarking (₹45 + GST) ₹53.10
Taxable Value (Before GST) ₹1,20,613.10
GST @ 3% (1.5% CGST + 1.5% SGST) ₹3,618.39

Major Indian City Bullion Matrix

Select any city to automatically update the jewellery suite's base rates.

City 24K (10g) 22K (10g) 18K (10g) Silver (1kg) Action

Precious Metals Weight Converter

Convert between Grams, Pavans, Tolas, and Troy Ounces.

Grams (g) 1.000 g
Pavan / Sovereign (8g) 0.125 Pavan
Tola (11.6638g) 0.086 Tola
Troy Ounce (31.1035g) 0.032 oz
Total 24K Gold Value ₹7,480
Total 22K Gold Value ₹6,857

Gold Systematic Accumulation Plan (SIP)

Calculate long-term gold accumulation against Indian inflation & traditional FDs.

Total Invested
₹6,00,000
Over 10 Years
Gold Grams Accumulated
142.6 g
~17.8 Pavans
Estimated Maturity
₹11,10,395
Total Wealth Gain: +₹5,10,395

Gold vs Traditional Assets Comparison

Returns over selected tenure

Gold SIP (Est. 11% CAGR) ₹11,10,395
Bank Fixed Deposit (6.8% CAGR) ₹8,52,430
Savings Account (3.5% CAGR) ₹7,18,500
Inflation Adjusted Basis (6% baseline) ₹8,12,000
💡 Investor Insight: Gold acts as a multi-century hedge against fiat currency depreciation. In India, INR gold prices benefit both from global gold appreciation and USD-INR rupee depreciation (~3% p.a.).

Gold Investment Vehicles Comparison Matrix

Compare Sovereign Gold Bonds (SGB), Physical Jewellery/Coins, Gold ETFs, and Digital Gold.

Best for Wealth
Sovereign Gold Bonds (SGB)
Issued by Reserve Bank of India (RBI)
2.5% p.a. Fixed Interest paid semi-annually on nominal value.
0% Capital Gains Tax on redemption after 8 years maturity.
0% Making & Wastage Charges; zero GST on primary issue.
Zero Storage Cost; held safely in Demat or RBI ledger.
Physical Gold (Jewellery / Coins)
Traditional possession from local jewelers
High Emotional & Ornamental Utility (weddings, festivals, wearing).
8% - 25% Making & Wastage loss during resale/buyback.
3% GST upfront + Bank Locker rent / theft hazard.
Capital Gains Tax (12.5% LTCG) applicable on resale profit.
Gold ETFs / Mutual Funds
Traded on NSE/BSE stock exchanges
Instant Liquidity; buy/sell 1 unit in seconds like stocks.
100% Backed by 99.5% Pure Gold kept in secure vaults.
Expense Ratio: 0.2% - 0.6% per year management fee.
No 2.5% fixed interest bonus like SGB.
Digital Gold (UPI Apps)
Augmont, SafeGold, MMTC-PAMP
Start with as low as ₹1 on Paytm, PhonePe, GPay.
3% GST on buy + 2% - 4% Buy/Sell spread spread loss.
Not Regulated by SEBI / RBI (private custodian vaults).
High delivery and minting charges if physical conversion requested.
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