Step into the captivating world of gold jewelry classification with our informative guide. We’ll take you on a journey through the intricacies of HS and HSN codes, helping you understand how they relate to different types of gold jewelry. And when it comes to navigating the ever-important Goods and Services Tax (GST) rates for gold jewelry, whether you’re a jeweler, a supplier, or just a gold jewelry enthusiast, we’ve got you covered. Our guide is here to make these complex regulations more accessible, ensuring that you can confidently explore the realm of gold jewelry while staying compliant with the law and making well-informed choices.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewelry; coin | Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal – Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold, Un | 71131910 | 3% | – | 01/07/2017 | – |
Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal – Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold, Se | 71131920 | 3% | – | 01/07/2017 | – | |
Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal – Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold, Se | 71131930 | 3% | – | 01/07/2017 | – | |
Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal – Of Silver, Whether Or Not Plated Or Clad With Other Precious Metal: Jewellery Studded W | 71131120 | 3% | – | 01/07/2017 | – | |
Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal – Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold, Se | 71131940 | 3% | – | 01/07/2017 | – | |
Gold (Including Gold Plated With Platinum) Unwrought Or In Semi-Manufactured Forms, Or In Powder Form – Non-Monetary | 7108 | 3% | – | 01/07/2017 | – | |
Base Metals Or Silver, Clad With Gold, Not Further Worked Than Semi-Manufactured | 71090000 | 3% | – | 01/07/2017 | – | |
Base Metals, Silver Or Gold, Clad With Platinum, Not Further Worked Than Semimanufactured | 71110000 | 3% | – | 01/07/2017 | – | |
Base Metals, Silver Or Gold, Clad With Platinum, Not Further Worked Than Semimanufactured | 7111 | 3% | – | 01/07/2017 | – | |
Silver (Including Silver Plated With Gold Or Platinum), Unwrought Or In Semi-Manufactured Forms, Or In Powder Form – Other : Unwrought | 71069100 | 3% | – | 01/07/2017 | – | |
Gold (Including Gold Plated With Platinum) Unwrought Or In Semi-Manufactured Forms, Or In Powder Form – Non-Monetary : Other Semi-Manufactured Forms | 71081300 | 3% | – | 01/07/2017 | – | |
Imitation Jewellery | 7117 | 0% | – | 01/07/2017 | – | |
Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal – Of Base Metal Clad With Precious Metal | 71132000 | 3% | – | 01/07/2017 | – | |
Coin – Coin (Other Than Gold Coin), Not Being Legal Tender | 71181000 | 3% | – | 01/07/2017 | – | |
Silver (Including Silver Plated With Gold Or Platinum), Unwrought Or In Semi-Manufactured Forms, Or In Powder Form Semi-Manufactured : Other | 71069290 | 3% | – | 01/07/2017 | – | |
Clocks and watches and parts thereof | Watch Straps, Watch Bands And Watch Bracelets, And Parts Thereof Of Base Metal, Whether Or Not Gold– Or Silverplated:Parts | 91132010 | 18% | – | 15/11/2017 | – |
Of Base Metal, Whether Or Not Gold– Or Silver-Plated | 911320 | 18% | – | 15/11/2017 | – | |
Ores, slag and ash | Precious Metal Ores And Concentrates – Other : Gold Ores And Concentrates | 26169010 | 5% | – | 01/07/2017 | – |
Inorganic chemicals, organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive | Colloidal Precious Metals; Inorganic Or Organic Compounds Of Precious Metals, Whether Or Not Chemically Defined; Amalgams Of Precious Metals – Colloidal Precious Metals : Of Gold | 28431010 | 18% | – | 01/07/2017 | – |
The HSN code for gold jewelry is 7113.
The HSN code for gold jewellery is also 7113, as it falls under the same category as gold jewelry.
Gold jewelry made of 22-karat gold also falls under the HSN code 7113, which is the code for gold jewelry.
The HSN code for jewelry, including gold jewelry, is 7113. This code encompasses various types of jewelry items.
The Goods and Services Tax (GST) rate for gold jewelry is typically 3% in India, although tax rates may vary based on government policies.
The HSN code for gold, as mentioned earlier, is 7113. The GST rate for gold varies, but it is usually around 3% in India.
The 8-digit HSN code for gold is 71131100, which specifically refers to gold jewelry.
The GST rate on 22-carat gold is typically 3% in India, as it falls under the category of gold jewelry.
The HSN code for used gold, such as second-hand or recycled gold, remains the same as for new gold, which is 7113 for gold jewelry.
Yes, there is typically GST applicable when purchasing old gold. The GST rate for old gold is usually around 3%, the same as for new gold.
The GST rate for old gold is usually around 3% in India, similar to the rate for new gold.
Refined gold, such as gold bars or coins, is categorized under HSN code 7108, not 7113, which is specifically for gold jewelry.
The HSN code for the sale of gold varies depending on the form of gold being sold. For gold jewelry, it is 7113, while for gold bars or coins, it is 7108.
The Harmonized System (HS) code for jewelry items may vary depending on the country's customs and trade regulations. In general, jewelry is classified under HS code 7113.
The HS code for gold jewelry is also typically 7113, as it falls under the same category as jewelry items.
The HSN code related to jewelry, including gold jewelry, is 7113.
The code for jewelry, often used in international trade, is typically HS code 7113.
HS Code 711311 refers to “Gold in powder form.” This code is a subcategory of HS code 7113, which covers various forms of gold jewelry.
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