GST Rate on Gold & Jewellery
Everything you need to know about the GST taxation for Gold & Jewellery in India, including HSN code 7113 and the exact tax breakdown.
Applicable GST Rate
Articles of jewellery and parts thereof, of precious metal
3%
HSN/SAC Code
7113
Tax Split (Intra-State)
CGST: 1.5% + SGST: 1.5%
Calculate GST on Gold & Jewellery
Tax Amount: ₹0.00
Total Inclusive Price: ₹0.00
Understanding Gold & Jewellery GST & HSN Code 7113
If you are dealing in Gold & Jewellery, it is mandatory to apply the correct GST rate of 3% on your invoices. The government classifies this under the HSN/SAC code 7113.
When selling intra-state (within the same state), this tax is split equally into CGST and SGST. For inter-state sales, the full rate is charged as IGST.
Frequently Asked Questions
What is the exact GST rate on Gold & Jewellery?
The applicable GST rate for Gold & Jewellery is 3%.
What is the HSN code for Gold & Jewellery?
The harmonized system code (HSN/SAC) for Gold & Jewellery is 7113. It is mandatory to mention this code on tax invoices for B2B transactions.