Bullion & Precious Metals Tool
Silver Rate Calculator: Weight, Purity & 3% GST
Calculate the exact purchase or selling price of silver articles, coins, bars, and 925 sterling jewellery. Adjust market rates per gram, choose silver purity, add making charges, and compute statutory 3% GST instantly.
Silver Parameters
HSN Code 7106 • 3% GST
999 is standard for bullion coins/bars; 925 is standard for hallmarked jewellery.
₹
Equivalent to ₹92,500 per Kilogram (1000g)
~ 8.58 Tolas
Total Payable (with 3% GST)
999 Fine Silver
Final Estimated Price
₹10,351
Effective Rate: ₹103.51 per gram
| Pure Silver Weight: | 99.90 g |
| Silver Base Value: | ₹9,250.00 |
| Making / Crafting Charges: | ₹800.00 |
| Taxable Amount (Pre-GST): | ₹10,050.00 |
| GST (3% on Precious Metals): | ₹301.50 |
| Total Final Invoice Amount: | ₹10,351.50 |
Silver Hallmarking & GST Rules in India
What is 925 Sterling Silver?
925 Sterling Silver consists of 92.5% pure silver and 7.5% alloy (usually copper) added to give the metal structural durability and strength. Pure silver (999) is too soft to hold intricate jewellery stones or maintain everyday ring/bracelet shapes.
What is the GST rate on Silver in India?
Under Indian GST legislation, supply of silver (HSN 7106) and silver jewellery is taxed at a uniform rate of 3% GST (1.5% CGST + 1.5% SGST for intrastate, or 3% IGST for interstate). Making charges billed separately on a job-work basis are taxed at 5% GST.
GST Invoicing for Bullion, Jewellery & Goldsmiths
MakeGSTBill automates 3% precious metal tax rates, hallmark certification numbers, and instant customer bills with QR codes.
