What products are classified under HSN 7111
It includes Platinum-clad metals
HSN Sub Chapter 7111 represents Platinum-clad metals under GST classification. This code helps businesses identify Platinum-clad metals correctly for billing, taxation, and trade. With HSN Sub Chapter 7111, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Platinum-clad metals.
GST Rate for Platinum-clad metals under HSN Code 7111. 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 | 7111 | Base metals, silver or gold, clad with platinum, not further worked than semimanufactured | 3% | 3% |
Chapter: 71
Description: Base metals, silver or gold, clad with platinum, not further worked than semimanufactured
Following Tariff HSN code falls under Platinum-clad metals:
| Tariff HSN | Description |
|---|---|
| Base metals, silver or gold, clad with platinum, not further worked than semimanufactured | |
| Base metals, silver or gold, clad with platinum, not further worked than semimanufactured |
Base metals, silver or gold, clad with platinum, not further worked than semimanufactured
Base metals, silver or gold, clad with platinum, not further worked than semimanufactured
It includes Platinum-clad metals
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.
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.
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.
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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
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.