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HSN Code 7114: GST Rate on Articles of goldsmiths’ or silversmiths’ wares and parts

HSN Code 7114: GST Rate on Articles of goldsmiths’ or silversmiths’ wares and parts

Articles of goldsmiths’ or silversmiths’ wares and parts

Articles of goldsmiths’ or silversmiths’ wares and parts

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 8 HSN codes under 7114

HSN codeDescription
71141110Of precious metal, whether or not plated or clad with precious metal: of silver, whether or not plated or clad with precious metal: articles
71141120Of precious metal, whether or not plated or clad with precious metal: of silver, whether or not plated or clad with precious metal: parts
71141910Of precious metal, whether or not plated or clad with precious metal: of other precious metal, whether or not plated or clad with precious metal: articles of gold
71141920Of precious metal, whether or not plated or clad with precious metal: of other precious metal, whether or not plated or clad with precious metal: articles of platinum
71141930Of precious metal, whether or not plated or clad with precious metal: of other precious metal, whether or not plated or clad with precious metal: parts
71142010Of base metal clad with precious metal: articles clad with gold
71142020Of base metal clad with precious metal: other articles
71142030Of base metal clad with precious metal: parts

3 Simple Steps

How It Works

1. Add the code once

1. Add the code once

1. Add the code once

Save the HSN or SAC code and GST rate on the item in your hisabkitab item master.

Save the HSN or SAC code and GST rate on the item in your hisabkitab item master.

Save the HSN or SAC code and GST rate on the item in your hisabkitab item master.

hisabkitab accounting dashboard showing sales, purchases, receivables and performance
hisabkitab accounting dashboard showing sales, purchases, receivables and performance

2. Bill without looking it up

2. Bill without looking it up

2. Bill without looking it up

Every invoice picks up the right code and tax split, CGST and SGST or IGST, automatically.

Every invoice picks up the right code and tax split, CGST and SGST or IGST, automatically.

Every invoice picks up the right code and tax split, CGST and SGST or IGST, automatically.

3. File with clean GST reports

3. File with clean GST reports

3. File with clean GST reports

Your GST reports are built from your books, so the codes and rates on your invoices flow straight into filing.

Your GST reports are built from your books, so the codes and rates on your invoices flow straight into filing.

Your GST reports are built from your books, so the codes and rates on your invoices flow straight into filing.

hisabkitab accounting dashboard showing sales, purchases, receivables and performance

GST reports included in every plan

GST reports included in every plan

Industries That Use Our Features

Industries That Use Our Features

Versatile Accounting and Billing Software for Every Sector

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Retail Businesses

  • Traders

  • IT Firms

  • Wholesale Businesses

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

  • Startups

  • Pharma & Healthcare

  • Freelancers

  • MSMEs

FAQs

What is an HSN code?

What is the difference between HSN and SAC codes?

How many digits of the HSN code must I show on invoices?

Where can I confirm the exact GST rate for my product?

Does hisabkitab apply HSN codes and GST rates automatically?

Which hisabkitab plans include GST reports?

Experience the convenience of the
Complete Mobile Accounting Solution

Experience the convenience of the
Complete Mobile Accounting Solution

hisabkitab mobile accounting app on a phone
QR code to download the hisabkitab mobile app

Available On

Experience the convenience of the
Complete Mobile Accounting Solution

hisabkitab mobile accounting app with quick actions for sales, purchases and receipts
hisabkitab mobile accounting app on a phone
QR code to download the hisabkitab app
QR code to download the hisabkitab mobile app

Available On