The HSN (Harmonized System Nomenclature) code for gold bullion is as follows:
- HSN
Code: 7108
- This
HSN code covers "Gold (including gold plated with platinum)
unwrought or in semi-manufactured forms, or in powder form."
GST Rate:
- GST
Rate: The GST rate for gold bullion under HSN
code 7108 is 3%.
Gold bullion falls under this HSN code and is
subject to a 3% GST rate in India.