GST Rate on Silverware
The GST rate on silverware is 3%, under HSN code 7114 (goldsmiths' or silversmiths' wares). Here is the full breakdown, a worked example, and related rates in Jewellery.
GST rate breakdown for silverware
- GST rate: 3%
- Intra-state: 1.5% CGST + 1.5% SGST
- Inter-state: 3% IGST
- HSN code on the invoice: 7114
- Also covers: goldware, utensils gold
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 silverware
- 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 silverware
What is the GST rate on silverware?
The GST rate on silverware is 3%. Intra-state it is 1.5% CGST + 1.5% SGST; inter-state it is 3% IGST. Silverware falls under HSN code 7114.
What is the HSN code for silverware?
Silverware falls under HSN code 7114, which covers goldsmiths' or silversmiths' wares. Show this code on every GST tax invoice line for silverware.