Complaint Details

Status	:	Closed
Complaint No	:	0014719/2014
Category	:	Others
Date	:	01-02-2014
Subject Line	:	sale price for kdm jewellery
Complainant	:	chandra nair
Address	:	3 shantiniwas, saraswath col, dombivli east
Complainee	:	rakesh jewellers
Address	:	4 ketan apt,phadke road, dombivli east

Complaint Details
I sold kdm gold jewellry bought from the same shop on 3 occasions worth 60 gms total of which 43 gms was 23 ct kdm and 17 gms was 22 ct kdm. for all the above sale the jeeeller deducted 10% gold plus making and 1% tax. as a reult I got rs.1, 46, 000 only wheras the actual value as per bill far exceeds this. he also deducts 20 % on non kdm jewellery plus making plus 1% tax.all the gold sold was unused and intact and there was no wear and tear. all sale effected vide purchase bill from same jeweller. further there is a difference of rs 2000 per gm between purchase and sale price. I would like to know if this is fair transaction. I have all bills and same can be produced. as far as my knowledge goes there should be no deduction on kdm jewellery which is charged extra while purchased., l feel they cheat buyers in a big way and I have got atleast rs.30000 less in the bargain.isbthisvfair business practice?

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