What products are classified under HSN 91131000 ?
It includes Clock Plates & Bridges
HSN Code 91131000 represents Precious metal watches under GST classification. This code helps businesses identify Precious metal watches correctly for billing, taxation, and trade. With HSN Code 91131000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Precious metal watches.
HSN Code 91131000 relates to the following description:
Precious metal watches does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of base metal, whether or not gold- or silver-plated : Parts | |
| Of base metal, whether or not gold- or silver-plated : Other | |
| Other : Parts | |
| Other : Other |
Of base metal, whether or not gold- or silver-plated : Parts
Of base metal, whether or not gold- or silver-plated : Other
Other : Parts
Other : Other
It includes Clock Plates & Bridges
Under HSN 91131000, Precious metal watches attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Precious metal watches; 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.