HSN Code 7114
Articles of goldsmiths' or silversmiths' wares
HSN Code7114
DescriptionArticles of goldsmiths' or silversmiths' wares
CategoryJewellery
GST Rate3%
CGST + SGST (Intra-state)1.5% + 1.5%
IGST (Inter-state)3%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹300.00, Total = ₹10,300.00
Related HSN Codes in Jewellery
| HSN Code | Description | GST Rate |
|---|---|---|
| 7113 | Jewellery of precious metal | 3% |
| 7117 | Imitation jewellery | 18% |
About HSN Code 7114
HSN code 7114 is used to classify articles of goldsmiths' or silversmiths' wares under the Goods and Services Tax (GST) system in India. This code falls under the Jewellery category and attracts a GST rate of 3%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.