GST Rate on Precious metal articles
The GST rate on precious metal articles is 3%, under HSN code 7115 (other articles of precious metal). Here is the full breakdown, a worked example, and related rates in Jewellery.
GST rate breakdown for precious metal articles
- GST rate: 3%
- Intra-state: 1.5% CGST + 1.5% SGST
- Inter-state: 3% IGST
- HSN code on the invoice: 7115
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 precious metal articles
- 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 precious metal articles
What is the GST rate on precious metal articles?
The GST rate on precious metal articles is 3%. Intra-state it is 1.5% CGST + 1.5% SGST; inter-state it is 3% IGST. Precious metal articles falls under HSN code 7115.
What is the HSN code for precious metal articles?
Precious metal articles falls under HSN code 7115, which covers other articles of precious metal. Show this code on every GST tax invoice line for precious metal articles.