HSN Code 7115: Other articles of precious metal
HSN code 7115 classifies other articles of precious metal 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. Other articles of precious metal sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Other articles of precious metal
- 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 7115
Use HSN code 7115 on every tax invoice for other articles of precious metal. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 7115
What is HSN code 7115?
HSN code 7115 classifies other articles of precious metal under India's GST system. The applicable GST rate is 3%.
What is the GST rate for Other articles of precious metal?
Other articles of precious metal attracts 3% GST. For intra-state sales: 1.5% CGST + 1.5% SGST. For inter-state: 3% IGST.
Is Other articles of precious metal exempt from GST?
No. Other articles of precious metal attracts 3% GST on every taxable sale.