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.