GST on Gold- Impact and How to avoid its Cons in 2025

By Team Gullak

Last updated : Oct 1, 2026

3 min read

What is the GST on Gold?

Goods and services tax impacts the prices of several commodities, including gold. The GST on gold is 3% and is applicable whenever someone buys physical or digital gold. In the sections below, we will discuss how GST on gold impacts your investments and ways to tackle this.

Impact of GST on Gold on your Gold investments

Due to the GST on gold, whenever someone buys gold they need to pay an extra Gold GST rate of 3% on top of gold price. Here’s a table to show how GST would impact an investment of say, ₹1,00,000

Table: Impact of GST on Gold

How to make GST on Gold easier to manage?

GST applies to every gold purchase, so it can't be avoided. But you can make it much lighter on your pocket by not paying it all at once.
Here's how Gullak helps:

1. Gold accumulation: pay GST in small bits

Instead of buying gold in one go, which can be a big amount for many, you can start buying gold on Gullak from just ₹100/day. Since GST is charged on each purchase, you pay it in small amounts too. On a ₹100 purchase, 3% GST works out to just about ₹3. Over time, your gold accumulates without a large one-time GST outflow.

Here's how GST compares when you buy ₹36,500 worth of gold in one go vs ₹100/day over a year on Gullak:

Table: One-time purchase vs daily gold savings

In the above table, you can see that the total GST stays the same, but with Gullak it's spread into tiny daily amounts instead of one large payment. This makes gold far more accessible, especially if a big upfront purchase isn't practical for you.

2. 100% flexibility and a 5000+ jeweller network:

With Gullak, you can pause or restart your daily gold amounts anytime, so you're never locked into spending when money is tight. You can also choose daily, weekly or monthly SIPs or one-time transactions. And once you've built your gold savings, you can redeem them as jewellery at Gullak's network of 5000+ partner stores, including Tanishq, Malabar and CaratLane.

Concluding thoughts on GST on Gold

While GST on Gold means gold buyers pay an extra charge on every purchase, Gullak makes it easier to manage by letting you buy gold in small amounts from just ₹100/day, so GST is paid bit by bit rather than all at once. With the flexibility to pause or restart anytime and the option to redeem your savings as jewellery at 5000+ partner stores, Gullak makes building gold simpler for everyone.

Bonus: Popular Questions around GST on Gold

1. What is the GST on Gold Coins?

-GST on Gold coins is same as GST on Gold overall i.e., 3%. If your gold coin is worth ₹10,000. GST of ₹300

2. What is the GST on Gold Biscuit?

-GST on Gold biscuits & bars is 3% as well. So, on a Gold biscuit worth ₹100,000, you'll be paying ₹3000 GST

Disclaimer: Investors should do their own due-diligence before choosing any financial asset