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of <h1>Jewelry Tax Rates: 3% IGST or 1.5% Each for CGST and SGST; Lac Bangles Excluded in 2018 Amendment</h1> The tax rates applicable to articles of jewelry and their parts made of precious metals or metals clad with precious metals. The applicable tax rate is either an Integrated Goods and Services Tax (IGST) at 3% or a combined Central Goods and Services Tax (CGST) and State/Union Territory Goods and Services Tax (SGST/UTGST) at 1.5% each. The schedule has been amended by notifications, notably excluding bangles made of lac or shellac as per the amendment dated January 25, 2018, and an earlier amendment dated November 14, 2017.
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