What products are classified under HSN 7110
It includes Unwrought platinum
HSN Sub Chapter 7110 represents Unwrought platinum under GST classification. This code helps businesses identify Unwrought platinum correctly for billing, taxation, and trade. With HSN Sub Chapter 7110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unwrought platinum.
GST Rate for Unwrought platinum under HSN Code 7110. 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 | 7110 | Platinum, unwrought or in semi-manufactured form, or in powder form | 3% | 3% |
Chapter: 71
Description: Platinum, unwrought or in semi-manufactured form, or in powder form
Following Tariff HSN code falls under Unwrought platinum:
| Tariff HSN | Description |
|---|---|
| Platinum : Unwrought or in powder form: Unwrought form | |
| Platinum : Unwrought or in powder form: Unwrought form | |
| Platinum : Unwrought or in powder form: In powder form | |
| Platinum : Unwrought or in powder form: In powder form | |
| Platinum : Other | |
| Platinum : Other | |
| Palladium: Unwrought or in powder form | |
| Palladium: Unwrought or in powder form | |
| Palladium: Other | |
| Palladium: Other | |
| Rhodium : Unwrought or in powder from | |
| Rhodium : Unwrought or in powder from | |
| Rhodium : Other | |
| Rhodium : Other | |
| Iridium, osmium and ruthenium : Unwrought or in powder from | |
| Iridium, osmium and ruthenium : Unwrought or in powder from | |
| Iridium, osmium and ruthenium : Other | |
| Iridium, osmium and ruthenium : Other |
Platinum : Unwrought or in powder form: Unwrought form
Platinum : Unwrought or in powder form: Unwrought form
Platinum : Unwrought or in powder form: In powder form
Platinum : Unwrought or in powder form: In powder form
Platinum : Other
Platinum : Other
Palladium: Unwrought or in powder form
Palladium: Unwrought or in powder form
Palladium: Other
Palladium: Other
Rhodium : Unwrought or in powder from
Rhodium : Unwrought or in powder from
Rhodium : Other
Rhodium : Other
Iridium, osmium and ruthenium : Unwrought or in powder from
Iridium, osmium and ruthenium : Unwrought or in powder from
Iridium, osmium and ruthenium : Other
Iridium, osmium and ruthenium : Other
It includes Unwrought platinum
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Unwrought platinum are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
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.
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.