Rate at a Glance
Chapter 71
GST rate guide
Gold, silver, platinum and jewellery are taxed at 3%. Rough diamonds and precious stones attract 0.25%, and cut and polished diamonds 1.5%.
Use this rate in hisabkitab: start free
Rates reflect GST changes effective 22 September 2025. Confirm the rate for your exact product description before filing.
All 6 HSN codes under 7112
| HSN code | Description |
|---|---|
| 71123000 | Ash containing precious metal or precious metal compounds |
| 71129100 | Other: of gold, including metal clad with gold but excluding sweepings containing other precious metals |
| 71129200 | Other: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals |
| 71129910 | Other: other: of silver, including metal clad with silver but excluding sweepings containing other precious metals |
| 71129920 | Other: other: sweepings containing gold or silver |
| 71129990 | Other: other: other |
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FAQs
What is an HSN code?
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