GST Rate on Gold
The GST rate on gold is 3%, under HSN code 7108 (gold, including gold plated with platinum). Here is the full breakdown, a worked example, and related rates in Jewellery.
GST rate breakdown for gold
- GST rate: 3%
- Intra-state: 1.5% CGST + 1.5% SGST
- Inter-state: 3% IGST
- HSN code on the invoice: 7108
- Also covers: sona, gold biscuit, gold coin
Rates reflect the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Confirm the current rate on the official GST portal before invoicing.
Worked example: GST on gold
- Taxable value: ₹10,000
- GST (3%): ₹300
- Within state: ₹150 CGST + ₹150 SGST
- To another state: ₹300 IGST
- Invoice total: ₹10,300
FAQs about GST on gold
What is the GST rate on gold?
The GST rate on gold is 3%. Intra-state it is 1.5% CGST + 1.5% SGST; inter-state it is 3% IGST. Gold falls under HSN code 7108.
What is the HSN code for gold?
Gold falls under HSN code 7108, which covers gold, including gold plated with platinum. Show this code on every GST tax invoice line for gold.