Pricing transparency
Making Charges
A plain-language explanation of how making charges are calculated, displayed, and regulated.
What are making charges?
Making charges (also called labour charges or wastage charges in the trade) represent the craftsmanship cost of converting raw gold into finished jewellery. They cover the artisan's skill, studio overhead, equipment, quality control, and finishing work.
Making charges are separate from the gold rate (which fluctuates daily based on the MCX/IBJA rate) and gemstone cost. Your invoice shows each component separately so you know exactly what you are paying for.
How we calculate making charges
Making charges are expressed either as a flat per-gram rate (e.g., ₹500/g on a 5g ring = ₹2,500) or as a percentage of the gold value (e.g., 12% on ₹30,000 gold = ₹3,600), depending on the piece and collection.
Machine-made and cast pieces typically carry lower making charges than handcrafted, filigree, or Kundan/Polki pieces that require skilled artisan hours. The making-charge basis and rate are displayed on every product page.
GST on making charges
As per Indian GST law, both gold value and making charges attract GST at 3%. Making charges specifically attract an additional 5% GST if separately invoiced as a service. We structure our invoicing to comply fully with the GST Act and Rules.
Zyvora Jewels Private Limited (GSTIN: 27AABCL1234A1Z5) issues tax-compliant invoices with HSN code 7113 for gold jewellery. Your GST invoice is available in My Orders for download and use as input tax credit (ITC) where applicable.
Buyback & exchange treatment
Making charges are typically not recoverable on buyback or exchange valuations — only the gold weight and gem value are assessed. This is an industry-standard practice and not unique to our programme.
We disclose the exchange and buyback valuation methodology clearly on the respective policy pages so there are no surprises.