GST Rates & HSN Codes of Diamonds, Pearls, Gold, Platinum, Jewellery & Coins

Chapter 71 – GST Rates and HSN Codes of Diamonds, Pearls, Gold, Platinum, Jewellery & Coins

The GST rates on Diamonds, Pearls, Gold, Platinum, Jewellery & Coins are from 0 to 28%. Check the following GST Rate Table.

The HSN Codes are listed from 7101 to 7118. Check the following GST Rates & HSN Code chart.

GST Rates and HSN Codes of Diamonds, Pearls, Gold, Platinum, Jewellery & Coins

HSN CodeItems/ServicesRate (%)w.e.f.
71Rupee notes when sold to the Reserve Bank of India (or Government of India inserted on 27/07/2018)NIL27/07/2017
7101Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport328/06/2017
7102Diamonds, non-industrial unworked or simply sawn, cleaved or bruted, including unsorted diamonds0.2528/06/2017
7102Diamonds, 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]328/06/2017
7103Precious stones (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped0.2528/06/2017
7103Precious 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]328/06/2017
7104Synthetic or reconstructed precious or semi-precious stones, unworked or simply sawn or roughly shaped0.2528/06/2017
7104Synthetic 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]328/06/2017
7105Dust and powder of natural or synthetic precious or semi-precious stones328/06/2017
7106Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form328/06/2017
7107Base metals clad with silver, not further worked than semi-manufactured328/06/2017
7108Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form328/06/2017
7109Base metals or silver, clad with gold, not further worked than semi-manufactured328/06/2017
7110Platinum, unwrought or in semi-manufactured forms, or in powder form328/06/2017
7111Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured328/06/2017
7112Waste 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.328/06/2017
7113Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal328/06/2017
7113Silver filigree work327/07/2018
7114Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal328/06/2017
7115Other articles of precious metal or of metal clad with precious metal328/06/2017
7116Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)328/06/2017
7117Imitation jewellery328/06/2017
7117Handmade imitation jewellery (including natural seeds, beads jewelry, cardamom garland)327/07/2018
7118Coin328/06/2017

Here GST rates on Diamonds, Pearls, Gold, Platinum, Jewellery & Coins means as follows:

  • IGST 5% (SGST 2.5% + CSGT 2.5%)
  • IGST 12% (SGST 6% + CGST + 6%)
  • IGST 18% (SGST 9% + CGST 9%).
  • IGST 28% (SGST 14% + CGST 14%)
  • IGST 3% (SGST 1.5% + CGST 1.5%)

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