CA Services for Gems & Jewellery Industry in India
N D Savla & Associates – Chartered Accountants for Gems & Jewellery Businesses
The gems and jewellery industry operates under high-value transactions, strict compliance, and constant scrutiny. Inventory valuation, GST treatment, capital gains, and audit exposure make financial discipline non-negotiable for jewellers and traders.
N D Savla & Associates provides specialised CA services for gems and jewellery manufacturers, traders, wholesalers, retailers, and exporters, ensuring accurate accounting, full compliance, and risk control.
We work with gold, diamond, silver, precious stones, and designer jewellery businesses across India.
Key Accounting & Compliance Challenges in the Gems & Jewellery Industry
Jewellery businesses face unique financial and regulatory challenges:
High-value inventory with valuation sensitivity
GST compliance on gold, diamonds, and making charges
Stock reconciliation and purity-wise tracking
Cash flow management and working capital pressure
Income tax scrutiny and assessments
Export documentation and foreign exchange compliance
Our focus is to protect jewellery businesses from compliance risk while maintaining financial transparency.
Our CA Services for Gems & Jewellery Businesses
1. Accounting & Bookkeeping for Jewellery Businesses
We maintain detailed, compliant books of accounts, including:
Item-wise and purity-wise inventory tracking
Purchase, sales, and making charge accounting
Stock reconciliation and valuation
MIS reports for management and owners
2. GST Compliance & Advisory for Gems & Jewellery
GST in the jewellery sector requires precision:
GST registration and return filing
Correct GST treatment on gold, diamonds, and making charges
ITC reconciliation and mismatch resolution
GST audits, notices, and departmental representation
3. Income Tax & Capital Gains Advisory
We assist jewellery businesses with:
Income tax return filing
Advance tax planning
Capital gains advisory
Scrutiny assessments and appeals
4. Statutory Audit & Internal Audit
Our audit services help jewellery businesses remain inspection-ready:
Statutory audits
Internal audits
Stock and valuation audits
Compliance and control reviews
5. Jewellery Business Setup & Structuring
For new jewellery ventures and expanding businesses, we assist with:
Business structuring and entity selection
Accounting and compliance setup
Financial planning and growth advisory
6. Export & Import Compliance for Jewellery Businesses
For jewellery exporters and importers, we handle:
Export accounting and documentation
FEMA advisory
15CA/15CB certification
Foreign remittance compliance
Who We Serve in the Gems & Jewellery Sector
Jewellery manufacturers
Gold and diamond traders
Retail jewellery showrooms
Wholesale jewellery businesses
Jewellery exporters and importers
Designer and bespoke jewellery brands
Why Gems & Jewellery Businesses Choose N D Savla & Associates
Deep understanding of jewellery-specific compliance
Strong GST, audit, and tax expertise
Experience with high-value inventory businesses
Clear communication and practical guidance
Timely filings and proactive support
Trusted by jewellery businesses across India
We understand that the gems and jewellery industry demands precision, confidentiality, and compliance certainty.
Frequently Asked Questions
Yes. Different GST treatment applies to gold, diamonds, and making charges, making accuracy essential.
Yes. Due to high-value transactions, jewellery businesses often face closer scrutiny.
Yes. We handle departmental notices, audits, and assessments end-to-end.
Yes. We support exporters with FEMA compliance, documentation, and certifications.
Yes. We assist from structuring and registrations to accounting and compliance setup.