HSN code for silver coin.
Silver coin is classified under HSN code 7118 (COIN). The GST rate is 3%, effective 2025-09-22, per 9/2025-Central Tax (Rate).
gst rate for silver coin
| gst | cgst + sgst | what it covers | entry |
|---|---|---|---|
| 3% | 1.5% + 1.5% | Coin | Sch IV S.No 159/2025-Central Tax (Rate) |
source: 9/2025-Central Tax (Rate) · effective 2025-09-22
invoice examples at 3%
Intra-state sale of ₹10,000 at 3% GST
- Taxable value₹10,000
- CGST @ 1.5%₹150
- SGST @ 1.5%₹150
- Invoice total₹10,300
Inter-state sale of ₹1,00,000 at 3% GST
- Taxable value₹1,00,000
- IGST @ 3%₹3,000
- Invoice total₹1,03,000
also searched as
sikkacurrency coinsrupay ke sikkelegal tender coinsmetal coins
more specific codes under 7118
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Full detail — official text, every sub-code and rate history — on the HSN 7118 code page → · chapter 71 — Natural or cultured pearls, precious or semi-preci
compiled from official CBIC sources · not tax advice — verify with your tax advisor before filing