What products are classified under HSN 71051000 ?
It includes Unwrought Gold
HSN Code 71051000 represents Natural or Cultured Pearls & Stones under GST classification. This code helps businesses identify Natural or Cultured Pearls & Stones correctly for billing, taxation, and trade. With HSN Code 71051000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural or Cultured Pearls & Stones.
HSN Code 71051000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 71 | Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin | 7105 | Dust and powder of natural or synthetic precious or semi-precious stones | Of diamond | 1.5% | 1.5% | 3% | 0% |
| 71 | Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin | 7105 | Dust and powder of natural or synthetic precious or semi-precious stones | Of diamond | 1.5% | 1.5% | 3% | 0% |
Description of goods
Of diamond
Chapter
71 – Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Sub Chapter
7105 – Dust and powder of natural or synthetic precious or semi-precious stones
Description of goods
Of diamond
Chapter
71 – Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Sub Chapter
7105 – Dust and powder of natural or synthetic precious or semi-precious stones
Natural or Cultured Pearls & Stones does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of heading 7102 | |
| Of heading 7104 | |
| Other | |
| Other |
Of heading 7102
Of heading 7104
Other
Other
It includes Unwrought Gold
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural or Cultured Pearls & Stones; Nil for exempt items if applicable).
Under HSN 71051000, Natural or Cultured Pearls & Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice.
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.