HSN Code 71131919 provides the tax classification 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: Other under Chapter 71 – Natural Or Cultured Pearls, P of the GST tariff. Businesses dealing 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: Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.015, SGST/UTGST at 0.015, and IGST at 0.03. The recognized 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 71131919
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: Other under HSN Code 71131919 depends on supply location. Intrastate transactions require CGST at 0.015 and SGST/UTGST at 0.015. Interstate supplies are charged IGST at 0.03. Invoices should consistently use kg. for Natural Or Cultured Pearls, P goods under Chapter 71.
Who Should Use HSN Code 71131919?
Manufacturers, wholesalers, retailers, and exporters dealing 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: Other are required to mention HSN 71131919 on all tax documents. This classification under Natural Or Cultured Pearls, P applies to businesses of all sizes operating within Chapter 71. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to 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: Other? Complete GST registration to legally collect taxes on goods under HSN 71131919. Businesses importing or exporting Natural Or Cultured Pearls, P products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 71131919 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: Other streamlines audit processes and supports valid credit claims. Stay updated on 0.015, 0.015, and 0.03 rates for Chapter 71 – Natural Or Cultured Pearls, P through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 71131919 is used to classify 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: Other under Chapter 71 – Natural Or Cultured Pearls, P for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
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: Other, CGST applies at 0.015 and SGST/UTGST at 0.015 for intrastate supplies. Interstate transactions are taxed under IGST at 0.03.
Yes, GST registration is mandatory for businesses dealing 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: Other under HSN 71131919. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Natural Or Cultured Pearls, P, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.