What products are classified under HSN 71061000 ?
It includes Precious Metal Powders and Waste
HSN Code 71061000 represents Precious Metal-Clad Articles under GST classification. This code helps businesses identify Precious Metal-Clad Articles correctly for billing, taxation, and trade. With HSN Code 71061000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Precious Metal-Clad Articles.
HSN Code 71061000 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 | 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form | Powder | 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 | 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form | Powder | 1.5% | 1.5% | 3% | 0% |
Description of goods
Powder
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
7106 – Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
Description of goods
Powder
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
7106 – Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
Precious Metal-Clad Articles does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form - other : unwrought | |
| Other : Unwrought: Grains | |
| Other : Unwrought: Grains | |
| Other : Unwrought: Other | |
| Other : Unwrought: Other | |
| Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes | |
| Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes | |
| Other : Semi-manufactured : Bar | |
| Other : Semi-manufactured : Bar | |
| Other : Semi-manufactured : Other | |
| Other : Semi-manufactured : Other |
Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form - other : unwrought
Other : Unwrought: Grains
Other : Unwrought: Grains
Other : Unwrought: Other
Other : Unwrought: Other
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Bar
Other : Semi-manufactured : Bar
Other : Semi-manufactured : Other
Other : Semi-manufactured : Other
It includes Precious Metal Powders and Waste
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Precious Metal-Clad Articles; Nil for exempt items if applicable).
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 71061000, Precious Metal-Clad Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.