New Delhi, Oct. 27 -- With Karva Chauth coming this Thursday, October 29, many couples look to buy jewellery, including gold, silver, and diamonds. There is a growing craze for lab-grown diamonds as well.

But how are they taxed under GST, and how do their cost and resale values compare with those of other jewellery? Here's what you need to know about GST, making charges, capital gains tax on selling and resale value.

Lisa Mukhedkar, Co-Founder & CEO, Aukera, said lab-grown diamonds are real diamonds, with the same essential chemical composition and crystal structure as mined diamonds. The key difference lies in their origin: lab-grown diamonds are created in controlled laboratory environments rather than extracted from the earth.

"The ...