Under the GST regime, HSN Code 71131914 classifies Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd within Chapter 71 – Natural Or Cultured Pearls, P. This code is essential for businesses to correctly calculate and remit taxes on Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd. The applicable rates are CGST at 1.50%, SGST/UTGST at 1.50% for within-state sales, and IGST at 3.00% for interstate supplies. Goods are quantified using 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 71131914
The taxation of Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd under HSN Code 71131914 depends on supply location. Intrastate transactions require CGST at 1.50% and SGST/UTGST at 1.50%. Interstate supplies are charged IGST at 3.00%. Invoices should consistently use kg. for Natural Or Cultured Pearls, P goods under Chapter 71.
Who Should Use HSN Code 71131914?
All businesses supplying Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd are obligated to use HSN 71131914 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 Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd? Secure GST registration to handle taxes on HSN 71131914 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
Correct HSN Code 71131914 application for Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd ensures smooth input credit utilization and assessment processes. Track 1.50%, 1.50%, and 3.00% rate changes for Chapter 71 – Natural Or Cultured Pearls, P through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd under HSN 71131914 are published in government notifications and the CBIC website. Current rates are CGST 1.50%, SGST/UTGST 1.50%, and IGST 3.00%.
Yes, online marketplaces and e-commerce operators selling Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd must mention HSN Code 71131914 on invoices. This Natural Or Cultured Pearls, P classification applies to all sales channels under Chapter 71.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd under HSN 71131914.
GST rates for Articles Of Jewellery And Parts Thereof, Of Precious Metal Or Of Metal Clad With Precious Metal - Of Precious Metal Whether Or Not Plated Or Clad With Precious Metal: Of Other Precious Metal, Whether Or Not Plated Or Clad With Precious Metal: Of Gold: Studd and other Natural Or Cultured Pearls, P products under Chapter 71 may change through GST Council recommendations. Monitor official notifications to stay updated on 1.50%, 1.50%, and 3.00% revisions.