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Unregistered or informal gold trading channels allow consumers to avoid GST, creating price advantages for non-compliant dealers
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SOURCES1
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FIRST SEENAug 3, 2026
LAST SEENAug 3, 2026
TRAJECTORY Quiet
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
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"The department pointed out that when consumers purchase gold from registered dealers, the amount paid includes GST in addition to the price of the gold. It is the responsibility of every citizen to insist on a proper bill from traders to ensure that the GST collected from consumers is remitted to the government."