What are the charges applied while buying/selling gold?

During the buy-sell process of digital gold, no commission is charged by Jar. The only charges that need to be paid are 3% GST and nominal fees for insurance and locker to safely store the gold.

Here's a sample calculation to explain the Buy-Sell process and costs involved.

BUY:
INR 100 Buy amount
- INR 2.9 GST
= INR 97.10 worth of digital gold bought

SELL:
INR 97.10 Sell amount
- INR 2.82 Locker & Insurance Charges
= 94.28 worth of digital gold sold