What products are classified under HSN 7106
It includes Silver in various forms
HSN Sub Chapter 7106 represents Silver in various forms under GST classification. This code helps businesses identify Silver in various forms correctly for billing, taxation, and trade. With HSN Sub Chapter 7106, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silver in various forms.
GST Rate for Silver in various forms under HSN Code 7106. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 71 | 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form | 0% | 0% |
Chapter: 71
Description: Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
Following Tariff HSN code falls under Silver in various forms:
| Tariff HSN | Description |
|---|---|
| Powder | |
| Powder | |
| 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 |
Powder
Powder
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 Silver in various forms
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.