toolsin.in
HomeAll ToolsGold & Jewellery
Jewellery & Metals3% GST RateUpdated July 2026

Calculate GST for Gold & Jewellery

Calculate CGST and SGST on precious metals, gold jewellery, making charges, and gem stones.

Open Calculator

Quick Summary

HSN/SAC Code#7113
Tax CategoryJewellery & Metals
ITC EligibilityEligible (with valid tax invoice)
Effective DateCurrent Fiscal Year
Applicable Tax
3%
Standard GST RateHSN Code 7113

GST Rate Explanation

Under the Indian Goods and Services Tax framework, a tax rate of 3% is levied on gold & jewellery. This rate was finalized by the GST Council based on standard industry categories and matching classifications under the Harmonized System of Nomenclature (HSN).

Calculation Mode
Net Amount (Before Tax)₹10,000.00
CGST (Central Tax) (1.5%)₹150.00
SGST (State Tax) (1.5%)₹150.00
Total GST (3%)₹300.00
Gross Amount₹10,300.00

Visual Tax Split & Collection Rules

Intrastate Split Allocation
CGST (Central Tax): 1.5%
SGST (State Tax): 1.5%

Within State (CGST + SGST)

When supply is within the same state (intrastate), the CGST and SGST are collected. The total tax is split 50/50 between Central and State governments.

Across States (IGST)

When supply spans across states (interstate), a single Integrated GST of 3% is collected in full by the Central government before allocation.

GST Rate Structure Slabs

Tax SlabCGST (Central)SGST (State)IGST (Integrated)Notes
0%0.0%0.0%0.0%Exempted / Nil rated goods
5%2.5%2.5%5.0%Essential items & services
12%6.0%6.0%12.0%Standard reduced rate items
18%9.0%9.0%18.0%Standard general rate items
28%14.0%14.0%28.0%Luxury / Sin goods & services

GST Calculation Examples

10 gram gold coin purchase

Add GST (Exclusive)

Formula: Amount + (Amount × Rate%)

Base Amount: ₹65,000.00

GST (3%): ₹1,950.00

Total: ₹66,950.00

Remove GST (Inclusive)

Formula: Amount − (Amount / (1 + Rate%))

Total Amount: ₹65,000.00

Base Amount: ₹63,106.80

GST Included: ₹1,893.20

Bridal gold jewellery set including making charges

Add GST (Exclusive)

Formula: Amount + (Amount × Rate%)

Base Amount: ₹2,50,000.00

GST (3%): ₹7,500.00

Total: ₹2,57,500.00

Remove GST (Inclusive)

Formula: Amount − (Amount / (1 + Rate%))

Total Amount: ₹2,50,000.00

Base Amount: ₹2,42,718.45

GST Included: ₹7,281.55

Frequently Asked Questions

Tax Disclaimer Notice

GST on raw gold and jewellery is 3%. However, making charges represent a service and carry 5% GST if invoiced separately.

Last updated: July 2026