What products are classified under HSN 71051010 ?
It includes Wire of other alloy steel of high speed steel
HSN Code 71051010 represents Of heading 7104 under GST classification. This code helps businesses identify Of heading 7104 correctly for billing, taxation, and trade. With HSN Code 71051010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Of heading 7104.
HSN Code 71051010 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 heading 7102 | 0% | 0% | 0% | 0% |
Description of goods
Of heading 7102
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
Of heading 7104 does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of diamond | |
| Of diamond | |
| Of heading 7104 | |
| Other | |
| Other |
Of diamond
Of diamond
Of heading 7104
Other
Other
It includes Wire of other alloy steel of high speed steel
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of heading 7104; Nil for exempt items if applicable).
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.