Kerala gold merchants press state for pre-GST settlement, crackdown on unregistered trade
Kerala Gold and Silver Merchants Association is urging the state to settle legacy pre-GST tax cases and rein in parallel unregistered gold trade that rivals the turnover of 12,000 registered traders. The body is also seeking a commission on sector challenges, and will host a jewellery fair in Angamaly on July 3-5.
What happened
Kerala Gold and Silver Merchants' Association · Kerala gold merchants urge state government to settle pre-GST tax cases, curb parallel unregistered gold trade
Key facts
- ₹1 crore
- ₹10,000
- 12,000 traders
- 5,000 traders
- July 3-5
Why this matters
Regulatory tailwinds from a state crackdown on unregistered trade could accelerate consolidation opportunities in Kerala's fragmented jewellery market, with the Angamaly fair offering a relationship-building venue with regional operators.