Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 7115 specifically identifies other articles of precious metal or of metal clad with precious metal for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 1.5% + SGST 1.5%

Inter-State Split

IGST 3%

Compliance Check-list

✓Mention HSN 7115 on all Tax Invoices for other articles of precious metal or of metal clad with precious metal
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 7115

"Classifying other articles of precious metal or of metal clad with precious metal correctly is critical to avoid litigation. While the base rate is 3%, always check for anti-dumping duties if importing, especially under the Gems & Jewellery category. AasanKhata automatically monitors these shifts for you."