Sales Tax on Gold in Pakistan
Bars bought at Sarafa markets are normally sold at the published per-tola rate with no sales tax added. Registered jewellers charge 3% sales tax on the sale value of locally made jewellery; many small shops are unregistered and charge none. Today 10 grams of 24K gold cost Rs 3,44,975 at the world price, with no tax on investment bars and coins.
Rules checked 26 October 2026 · Prices Oct 30, 2026, 21:55 UTC · Not tax advice
Gold in Pakistan today, with tax
PKR · Oct 30, 2026, 21:55 UTC| Weight | World price, 24K gold | Bar or coin, with tax and duty | 22K jewellery metal, with tax |
|---|---|---|---|
| 1 gram | Rs 34,497 | Rs 34,497 | Rs 32,548 |
| 10 grams | Rs 3,44,975 | Rs 3,44,975 | Rs 3,25,477 |
| 1 tola | Rs 4,02,372 | Rs 4,02,372 | Rs 3,79,630 |
| 1 ounce | Rs 10,72,991 | Rs 10,72,991 | Rs 10,12,346 |
| 100 grams | Rs 34,49,746 | Rs 34,49,746 | Rs 32,54,767 |
The rules in Pakistan
| What you buy | Tax | Details |
|---|---|---|
| Bars and bullion coins | 0% | Bars bought at Sarafa markets are normally sold at the published per-tola rate with no sales tax added. Monetary gold is exempt from sales tax. The Eighth Schedule's 3% reduced rate covers only locally made jewellery, so in law a registered seller of bars may owe the standard 18%. In practice bar sales by Sarafa dealers do not show sales tax. |
| Jewellery | 3% | Registered jewellers charge 3% sales tax on the sale value of locally made jewellery; many small shops are unregistered and charge none. Charged on: full value. |
| Import duty | 0% | The local Sarafa (APSGJA) rate is set from the international price plus a small premium. No import duty is reflected in it, and commercial gold imports are tightly restricted. |
| Tourist refund | No | No tourist sales-tax refund scheme. |
Compared with nearby countries
| Country | Bars and coins | Jewellery | Import duty |
|---|---|---|---|
| Pakistan | 0% | 3% | none |
| India | 3% | 3% | 15% import duty |
| Bangladesh | 1% | 1.1% | baggage duty of Tk 5,000 per vori (about 2%) |
| Nepal | 0.5% | 0.5% | 20% customs duty |
Sales Tax on Gold in Pakistan: FAQ
Is there sales tax on gold in Pakistan?
Bars bought at Sarafa markets are normally sold at the published per-tola rate with no sales tax added. Registered jewellers charge 3% sales tax on the sale value of locally made jewellery; many small shops are unregistered and charge none.
Do you pay sales tax on gold bars and coins in Pakistan?
Bars bought at Sarafa markets are normally sold at the published per-tola rate with no sales tax added. Monetary gold is exempt from sales tax. The Eighth Schedule's 3% reduced rate covers only locally made jewellery, so in law a registered seller of bars may owe the standard 18%. In practice bar sales by Sarafa dealers do not show sales tax.
Is there import duty on gold in Pakistan?
The local Sarafa (APSGJA) rate is set from the international price plus a small premium. No import duty is reflected in it, and commercial gold imports are tightly restricted.
Can tourists claim back the sales tax on gold in Pakistan?
No. No tourist sales-tax refund scheme.
Why is the gold price in Pakistan different from the world price?
Dealers said local rates carry a premium of around $20/oz over international prices (about 0.5%): The News, 12 Jul 2026 (Rs433,536 per tola vs $4,111/oz).
Sources (3)
Related
General information on the tax a private buyer pays, checked 26 October 2026. Rules change; check with the seller, the tax authority or an adviser. Not tax advice.