Chapter 71 of the GST framework covers Natural Or Cultured Pearls, P, and HSN Code 71101900 specifically identifies Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other. Tax rates applicable include CGST at 0.015, SGST/UTGST at 0.015, and IGST at 0.03 for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 71 – Natural Or Cultured Pearls, P
Below are related HSN codes from Chapter 71 – Natural Or Cultured Pearls, P for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Natural Or Cultured Pearls, P... | 71011010 | Pearls, Natural Or Cultured, Whether Or Not Worked... | 1.50% | 1.50% | 3.00% |
| Natural Or Cultured Pearls, P... | 71011020 | Pearls, Natural Or Cultured, Whether Or Not Worked... | 0.015 | 0.015 | 0.03 |
| Natural Or Cultured Pearls, P... | 71012100 | Pearls, Natural Or Cultured, Whether Or Not Worked... | 0.015 | 0.015 | 0.03 |
| Natural Or Cultured Pearls, P... | 71012200 | Pearls, Natural Or Cultured, Whether Or Not Worked... | 0.015 | 0.015 | 0.03 |
| Natural Or Cultured Pearls, P... | 71021000 | Diamonds, Whether Or Not Worked, But Not Mounted O... | 0 | 0 | 0 |
| Natural Or Cultured Pearls, P... | 71022110 | 21 Diamonds, Whether Or Not Worked, But Not Mounte... | 0.00% | 0.00% | 0.00% |
| Natural Or Cultured Pearls, P... | 71022120 | 21 Diamonds, Whether Or Not Worked, But Not Mounte... | 0 | 0 | 0 |
| Natural Or Cultured Pearls, P... | 71022910 | Diamonds, Whether Or Not Worked, But Not Mounted O... | 0.00% | 0.00% | 0.00% |
| Natural Or Cultured Pearls, P... | 71022990 | Diamonds, Whether Or Not Worked, But Not Mounted O... | 0 | 0 | 0 |
| Natural Or Cultured Pearls, P... | 71023100 | Diamonds, Whether Or Not Worked, But Not Mounted O... | 0 | 0 | 0 |
GST Rates for HSN 71101900
Tax liability for Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other under HSN 71101900 varies by transaction geography. CGST at 0.015 combined with SGST/UTGST at 0.015 applies to local sales. Interstate movement attracts IGST at 0.03. All billing for Chapter 71 – Natural Or Cultured Pearls, P products must use kg..
Who Should Use HSN Code 71101900?
All businesses supplying Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other are obligated to use HSN 71101900 on tax invoices. From producers to retailers within Natural Or Cultured Pearls, P, Chapter 71 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other? Secure GST registration to handle taxes on HSN 71101900 classified goods. Businesses with international operations in Natural Or Cultured Pearls, P need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Using HSN Code 71101900 accurately for Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.015, 0.015, and 0.03 rates for Chapter 71 – Natural Or Cultured Pearls, P to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 71101900 belong to?
HSN Code 71101900 falls under Chapter 71 – Natural Or Cultured Pearls, P in the GST tariff schedule. This chapter covers various goods including Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other.
Is IGST applicable on Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other?
Yes, IGST at 0.03 is applicable when Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other is supplied interstate or imported. For local sales within a state, CGST at 0.015 and SGST/UTGST at 0.015 apply instead.
Can e-commerce sellers use HSN Code 71101900?
Yes, e-commerce sellers dealing in Platinum, Unwrought Or In Semi-Manufactured Form, Or In Powder Form - Platinum : Other must use HSN 71101900 on their invoices. This applies to all online platforms operating under Natural Or Cultured Pearls, P classification.
How do I start an import business for Natural Or Cultured Pearls, P goods?
To import goods under Natural Or Cultured Pearls, P, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
