HSN Code 71171990 provides the tax classification for Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other under Chapter 71 – Natural Or Cultured Pearls, P of the GST tariff. Businesses dealing in Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: 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 71171990

Tax liability for Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other under HSN 71171990 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 71171990?

Manufacturers, wholesalers, retailers, and exporters dealing in Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other are required to mention HSN 71171990 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

Looking to deal in Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other? GST registration is your first compliance requirement for HSN 71171990 goods. International traders in Natural Or Cultured Pearls, P products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Correct HSN Code 71171990 application for Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other ensures smooth input credit utilization and assessment processes. Track 0.015, 0.015, and 0.03 rate changes for Chapter 71 – Natural Or Cultured Pearls, P through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 71171990 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 71171990 for accurate classification of Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other.

Can I claim input tax credit on Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other purchases?

Yes, registered businesses can claim input tax credit on Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other purchases made under HSN 71171990. 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 71171990?

CGST at 0.015 plus SGST/UTGST at 0.015 applies when Imitation Jewellery - Of Base Metal, Whether Or Not Plated With Precious Metal : Other: Other 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 : Other: Other 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 : Other: Other internationally. For domestic trade within Natural Or Cultured Pearls, P, GST registration is sufficient.

More HSN codes from Chapter 71

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