Why this template?

Gold jewellery attracts 3% GST, making it one of the lowest-taxed consumer goods. Making charges on gold jewellery attract 5% GST separately. Silver jewellery and imitation jewellery also attract 3%. Diamonds and precious stones attract 0.25% GST.

Common HSN/SAC codes for Jewellery Shop

Code	Description	GST Rate
7113	Gold, silver, and precious metal jewellery	3%
7117	Imitation jewellery	3%
7102	Diamonds (unworked or simply sawn)	0.25%
7106	Silver (unwrought/semi-manufactured)	3%
9983	Jewellery making/repair charges (services)	5%

Sample line items

Gold necklace (22kt, 20g)
Diamond ring (0.5ct)
Silver anklets (pair)
Jewellery making charges
Old gold exchange (as payment)

Industry-specific notes

Gold jewellery (HSN 7113): 3% GST on total value (metal + making charges combined)
Making charges separately: 5% GST if billed separately
Diamond (HSN 7102): 0.25% GST
Imitation jewellery (HSN 7117): 3% GST
Gold scheme / KYC: PAN mandatory for purchases above ₹2L as per Income Tax