GST Rates & HSN Codes on Precious Stones - Diamond, Pearls, Gold, Platinum, Jewellery & Coins


HSN Code Description Rate (%) CESS (%) Effective Date Rate Revision
7107 Base metals clad with silver, not further worked than semi-manufactured 3 28/06/2017
7109 Base metals or silver, clad with gold, not further worked than semi-manufactured 3 28/06/2017
7111 Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured 3 28/06/2017
7101 Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport 3 28/06/2017
7102 Diamonds, non-industrial unworked or simply sawn, cleaved or bruted, including unsorted diamonds 0.25 28/06/2017
7102 Diamonds, whether or not worked, but not mounted or set [other than industrial or non-industrial Unworked or simply sawn, cleaved or bruted, including unsorted diamonds] 3 28/06/2017
7103 Precious stones (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped 0.25 28/06/2017
7103 Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport [other than Unworked or simply sawn or roughly shaped] 3 28/06/2017
7104 Synthetic or reconstructed precious or semi-precious stones, unworked or simply sawn or roughly shaped 0.25 28/06/2017
7104 Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport [other than Unworked or simply sawn or roughly shaped] 3 28/06/2017
7105 Dust and powder of natural or synthetic precious or semi-precious stones 3 28/06/2017
7106 Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
7108 Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
7110 Platinum, unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
7112 Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. 3 28/06/2017
7113 Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal 3 28/06/2017
7113 Silver filigree work 3 27/07/2018
7114 Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal 3 28/06/2017
7115 Other articles of precious metal or of metal clad with precious metal 3 28/06/2017
7116 Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) 3 28/06/2017
7117 Imitation jewellery 3 28/06/2017
7117 Handmade imitation jewellery (including natural seeds, beads jewelry, cardamom garland) 3 27/07/2018
7118 Coin 3 28/06/2017
71 Rupee notes when sold to the Reserve Bank of India (or Government of India inserted on 27/07/2018 ) NIL 27/07/2018

Disclaimer:Rates given above are updated up to the GST (Rate) notification no. 05/2020 dated 16th October 2020 to the best of our information. We have sourced the HSN code information from the master codes published on the NIC's GST e-Invoice system. There may be variations due to updates by the government. Kindly note that we are not responsible for any wrong information. If you need information about the "Effective Date" for every GST or cess rates, then please visit the CBIC website.
Do much more than verifying HSN/SAC codes with ClearTax GST, India's most trusted billing and GST solution where reconciliation is made easy through intelligent inbuilt validations and tools.

Calculate monthly Pension & Tax Benefits through Cleartax NPS Calculator


GST RATES & HSN CODES

Browse by Chapters