Chapter 71 of the GST framework covers Natural Or Cultured Pearls, P, and HSN Code 71179010 specifically identifies Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones. Tax rates applicable include CGST at 1.50%, SGST/UTGST at 1.50%, and IGST at 3.00% 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 71179010
The taxation of Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones under HSN Code 71179010 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 71179010?
Every entity transacting in Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones must quote HSN Code 71179010 on invoices. This includes traders, distributors, and e-commerce sellers operating under Natural Or Cultured Pearls, P. Chapter 71 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Planning to trade in Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones? Complete GST registration to legally collect taxes on goods under HSN 71179010. 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 71179010 for Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones streamlines audit processes and supports valid credit claims. Stay updated on 1.50%, 1.50%, and 3.00% rates for Chapter 71 – Natural Or Cultured Pearls, P through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 71179010?
The standard unit of measurement for Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones under HSN Code 71179010 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 71179010 mandatory for small businesses?
Yes, businesses dealing in Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones must use HSN 71179010 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 71179010 for Natural Or Cultured Pearls, P goods before invoicing.
Do I need AD Code registration for exporting Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones?
Yes, AD Code registration is required for exporters dealing in Imitation Jewellery - Other: Jewellery Studded With Imitation Pearls Or Imitation Or Synthetic Stones under Natural Or Cultured Pearls, P. This registration links your bank account to process foreign currency payments from overseas buyers.
