Tag Archives: GST

GST on Gold and Silver Bullion: Might the NZ Government Start Adding GST to Gold and Silver Bullion?

GST on Gold and Silver Bullion: Might the NZ Government Start Adding GST to Gold and Silver Bullion?

No GST On Pure Gold and Silver Bullion Currently in New Zealand there is no GST on fine (pure) gold and silver bullion. This includes gold and silver ingots, bars and coins. The IRD website defines what “fine” means, in terms of the specific purities for each of the 3 precious metals: Fine metal is […]

India GST News Powers Gold Higher

There was some very positive news for gold out from India this week. Unlike the past couple of years when every announcement from the Indian government has been negative for gold. For a change a tax was announced that was lower than expected and actually reduces the overall tax on gold in some Indian states. […]