Chapter 71 of the GST framework covers Natural Or Cultured Pearls, P, and HSN Code 71171100 specifically identifies Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs. 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 71171100
The tax structure for Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs under HSN Code 71171100 follows a dual taxation model. CGST is levied at 0.015 and SGST/UTGST at 0.015 for intrastate sales. Interstate transactions attract IGST at 0.03. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 71 – Natural Or Cultured Pearls, P.
Who Should Use HSN Code 71171100?
Any business engaged in supplying Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs must apply HSN 71171100 on invoices. The Natural Or Cultured Pearls, P category under Chapter 71 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Commencing trade in Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs? Secure GST registration to handle taxes on HSN 71171100 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 71171100 accurately for Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs 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)
How many digits of HSN Code 71171100 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 71171100 for accurate classification of Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs.
Can I claim input tax credit on Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs purchases?
Yes, registered businesses can claim input tax credit on Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs purchases made under HSN 71171100. Ensure your supplier mentions correct HSN code and GST rates (0.015, 0.015) on the invoice.
What is the difference between CGST and IGST for HSN 71171100?
CGST at 0.015 plus SGST/UTGST at 0.015 applies when Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs is sold within the same state. IGST at 0.03 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs domestically?
No, Import Export Code is only required if you plan to import or export Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Cuff-Links And Studs internationally. For domestic trade within Natural Or Cultured Pearls, P, GST registration is sufficient.
