Gold Making Charges in Bihar Per Gram: When purchasing gold jewelry in Bihar, it’s essential to consider the making charges, which are added to the base price of gold. These charges typically range from 10% to 20% of the gold’s value, depending on the complexity of the design and the jeweler’s pricing policies. Additionally, a Goods and Services Tax (GST) of 3% is applied to the total purchase price, including both the gold value and making charges.
As of December 23, 2024, the gold rates in Patna are:
22 Karat Gold: ₹7,104 per gram
24 Karat Gold: ₹7,749 per gram
For example, if you’re purchasing a 10-gram 22-karat gold necklace:
Gold Value: 10 grams × ₹7,104 = ₹71,040
Making Charges (assuming 15%): ₹71,040 × 15% = ₹10,656
Subtotal: ₹71,040 + ₹10,656 = ₹81,696
GST (3% of subtotal): ₹81,696 × 3% = ₹2,450.88
Total Price: ₹81,696 + ₹2,450.88 = ₹84,146.88
Please note that making charges can vary significantly between jewelers and may be negotiable. It’s advisable to compare rates from different jewelers and inquire about their making charges and policies before making a purchase.