On 1 April 2023, the Bureau of Indian Standards made HUID (Hallmark Unique Identification) mandatory for all gold jewellery sold in India. For gold shops still running on hand-written ledgers or basic billing software, compliance became an overnight nightmare. Tracking 6-digit HUID codes for hundreds of pieces manually is error-prone, time-consuming, and a compliance liability.
Why Jewellery Needs Specialised Software
General inventory software cannot handle gold. The core challenge: gold is priced by weight and purity (carat), not by unit. A 22-karat ring weighing 8.5 grams has a different base price than an 18-karat pendant of the same weight. Add making charges, wastage, stone values, GST, and hallmarking fees — and you have a billing calculation that changes every day with the gold rate.
What a Gold Shop ERP Manages
- Live rate-linked billing — Automatically calculates gold value based on today's market rate per gram
- HUID-linked inventory — Every piece in stock is tracked by its unique HUID code, with full audit trail from purchase to sale
- Making charges management — Per-gram or percentage-based making charges by category (rings, chains, earrings)
- Customer scheme management — Advance scheme collections, maturity dates, and redemption tracking
- Repair order tracking — Job cards, estimated completion dates, and customer notifications
- GST-ready invoicing — Automatically splits CGST/SGST and generates compliant tax invoices
"Since implementing Techtheta's Gold ERP, our billing time per customer dropped from 8 minutes to 90 seconds. We passed our GST audit without a single discrepancy for the first time in 5 years." — Manoj Soni, Owner, Soni Jewellers, Kolkata
Customer Analytics You Never Had Before
Which designs sell fastest? Which categories have the highest margin? Which customers are your top buyers? A gold shop ERP answers these questions automatically, helping you make smarter stocking and marketing decisions.
Techtheta's Gold Shop ERP is built specifically for Indian jewellery businesses. Book a free demo to see it in action.
