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Jewellery attracts 3% GST under HSN code 7113. Calculate the exact tax below.
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Jewellery is classified under HSN code 7113 for GST purposes. The Harmonized System of Nomenclature (HSN) code is used to classify goods systematically. This code must be mentioned on GST invoices when billing for jewellery.
Gold, silver, and platinum jewellery attract 3% GST since July 2017. Making charges also attract 5% GST separately. This is the lowest non-zero GST slab.
Yes, input tax credit (ITC) is available on jewellery for registered businesses. If you purchase jewellery for business purposes, the GST paid (3%) can be claimed as ITC against your output tax liability, subject to conditions under Section 16 of the CGST Act.
Here are example calculations showing GST on jewellery at 3% for common price points:
| Base Price | GST (3%) | CGST (1.5%) | SGST (1.5%) | Total |
|---|---|---|---|---|
| ₹10,000 | ₹300 | ₹150 | ₹150 | ₹10,300 |
| ₹50,000 | ₹1,500 | ₹750 | ₹750 | ₹51,500 |
| ₹1,00,000 | ₹3,000 | ₹1,500 | ₹1,500 | ₹1,03,000 |
| ₹5,00,000 | ₹15,000 | ₹7,500 | ₹7,500 | ₹5,15,000 |
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Jewellery attracts 3% GST in India under HSN code 7113. For intra-state sales, this is split into 1.5% CGST and 1.5% SGST. For inter-state sales, 3% IGST applies.
The HSN code for Jewellery is 7113. HSN (Harmonized System of Nomenclature) codes are used to classify goods under GST. This code should be mentioned on all GST invoices.
To add 3% GST on jewellery: GST Amount = Base Price × 3/100. Total = Base Price + GST Amount. For example, on ₹50,000: GST = ₹1,500, Total = ₹51,500.
Yes, registered businesses can claim input tax credit on jewellery purchased for business purposes. The 3% GST paid can be offset against your output GST liability, subject to Section 16 conditions of the CGST Act.
Gold, silver, and platinum jewellery attract 3% GST since July 2017. Making charges also attract 5% GST separately. This is the lowest non-zero GST slab.