HSN Code 7106: Silver, including silver plated with gold
HSN code 7106 classifies silver, including silver plated with gold under India's GST system. GST rate: 3%.
GST Rate Breakdown
- GST Rate: 3%
- CGST + SGST (intra-state): 1.5% + 1.5%
- IGST (inter-state): 3%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
The 3% slab covers daily-use items and essentials
The 3% slab covers daily-use items and essentials. Silver, including silver plated with gold sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Silver, including silver plated with gold
- Taxable value: ₹10,000
- GST (3%): ₹300
- Intra-state: ₹150 CGST + ₹150 SGST
- Inter-state: ₹300 IGST
- Total: ₹10,300
When to Use HSN Code 7106
Use HSN code 7106 on every tax invoice for silver, including silver plated with gold. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 7106
What is HSN code 7106?
HSN code 7106 classifies silver, including silver plated with gold under India's GST system. The applicable GST rate is 3%.
What is the GST rate for Silver, including silver plated with gold?
Silver, including silver plated with gold attracts 3% GST. For intra-state sales: 1.5% CGST + 1.5% SGST. For inter-state: 3% IGST.
Is Silver, including silver plated with gold exempt from GST?
No. Silver, including silver plated with gold attracts 3% GST on every taxable sale.