Tax on gold in India: GST and capital gains calculator
Gold, silver, platinum and palladium bars and coins carry 3% GST in India, whatever their purity. When you sell physical metal held for more than 24 months, the gain is taxed at 12.5% without indexation; held 24 months or less, it is added to your income and taxed at your slab rate. The calculator shows both for resident individuals.
Gold and silver tax calculator
Enter what you bought and, if you like, what you sell it for. You get the VAT or GST in the price and an estimate of the tax on the sale.
Indian rules for individuals
When you buy
- 3% GST on gold, silver, platinum and palladium bars and on coins, whatever the purity (Notification 9/2025, Schedule IV).
- No investment gold exemption: the same 3% applies to every fineness.
When you sell
- Long-term after 24 months: physical precious metal held more than 24 months is a long-term capital asset (Finance (No. 2) Act, 2024).
- 12.5% without indexation on long-term gains from transfers on or after 23 July 2024, plus 4% cess.
- Short-term: held 24 months or less, the gain is added to your income and taxed at your slab rate, plus 4% cess.
- From 1 April 2026 these rules sit in the Income-tax Act, 2025 (long-term gains: section 197).
Official sources: Notification 9/2025-Integrated Tax (Rate), Schedule IV: 3% (CBIC) · Finance (No. 2) Act, 2024, sections 3 and 30 (Gazette of India) · Income-tax Act, 2025, section 197 (Income Tax Department) · Income Tax Department: new regime slabs, cess and rebate · PIB: Income-tax Act, 2025 in force from 1 April 2026. Rules checked on 12 Oct 2026.
FAQ
What is the GST on gold in India?
3% on gold bars, coins and other unwrought or semi-manufactured gold. The same 3% applies to silver, platinum and palladium.
How long must I hold gold for long-term capital gains?
More than 24 months. Gold held for 24 months or less gives a short-term gain, taxed at your income tax slab rate.
What is the tax on long-term gains from gold?
12.5% without indexation for sales on or after 23 July 2024, plus 4% Health and Education Cess.
Does purity change the GST on gold or silver?
No. India has no GST exemption for investment gold or silver, so bars and coins of any purity carry 3% GST.
metalsradar.com compares precious metals prices and does not sell metal. This page explains the general rules for private individuals and is not tax advice. Your tax depends on your whole situation, so check it with a tax adviser or the tax office before you buy or sell.