What products are classified under HSN 71082000 ?
It includes Synthetic Precious Stones of Other Types
HSN Code 71082000 represents Concentrates of Precious Metals under GST classification. This code helps businesses identify Concentrates of Precious Metals correctly for billing, taxation, and trade. With HSN Code 71082000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Concentrates of Precious Metals.
HSN Code 71082000 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 | 7108 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form | Monetary | 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 | 7108 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form | Monetary | 1.5% | 1.5% | 3% | 0% |
Description of goods
Monetary
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
7108 – Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
Description of goods
Monetary
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
7108 – Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
Concentrates of Precious Metals does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Non-monetary : Powder | |
| Non-monetary : Powder | |
| Non-monetary : Other unwrought forms | |
| Non-monetary : Other unwrought forms | |
| Non-monetary : Other semi-manufactured forms | |
| Non-monetary : Other semi-manufactured forms |
Non-monetary : Powder
Non-monetary : Powder
Non-monetary : Other unwrought forms
Non-monetary : Other unwrought forms
Non-monetary : Other semi-manufactured forms
Non-monetary : Other semi-manufactured forms
It includes Synthetic Precious Stones of Other Types
Under HSN 71082000, Concentrates of Precious Metals attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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 Concentrates of Precious Metals; 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.
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.