GST Rate & HSN Code for Pearls, Diamonds, Gold, Platinum – Chapter 71. GST Rates & HSN Codes on Precious Stones – Diamond, Pearls, Gold, Platinum, Jewellery & Coins. Hello Friends GST Council Release GST E-Book which Contains GST Rates on various goods with HSN Code, here we provide Chapter Wise GST Rates for Easy Understanding. In this article we provide Chapter 71 GST Rates for Pearls, Diamonds, Gold, Platinum etc Items..
The historic Goods and Services Tax (GST) regime would have already been rolled out, with effect from 1st July 2017. Our Prime Minister said recently on the GST preparedness that it is indeed a turning point in the country’s economy and unprecedented moment in the country’s history. The implementation of this biggest tax reform since independence in the spirit of One Nation, One Market, One Tax will benefit our national economy. Here you may find GST Rate & HSN Code for Pearls, Diamonds, Gold, Platinum..
Must Read – GST Rates
GST Rate & HSN Code for Pearls, Diamonds, Gold, Platinum
| HSN Code | Description | Rate (%) |
|---|---|---|
| 7107 | Base metals clad with silver, not further worked than semi-manufactured | 3 |
| 7109 | Base metals or silver, clad with gold, not further worked than semi-manufactured | 3 |
| 7111 | Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured | 3 |
| 7101 | Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport | 3 |
| 7102 | Diamonds, non-industrial unworked or simply sawn, cleaved or bruted, including unsorted diamonds | 0.25 |
| 7102 | Diamonds, whether or not worked, but not mounted or set [other than industrial or non-industrial Unworked or simply sawn, cleaved or bruted, including unsorted diamonds] | 3 |
| 7103 | Precious stones (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped | 0.25 |
| 7103 | Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport [other than Unworked or simply sawn or roughly shaped] | 3 |
| 7104 | Synthetic or reconstructed precious or semi-precious stones, unworked or simply sawn or roughly shaped | 0.25 |
| 7104 | Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport [other than Unworked or simply sawn or roughly shaped] | 3 |
| 7105 | Dust and powder of natural or synthetic precious or semi-precious stones | 3 |
| 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form | 3 |
| 7108 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form | 3 |
| 7110 | Platinum, unwrought or in semi-manufactured forms, or in powder form | 3 |
| 7112 | Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. | 3 |
| 7113 | Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal | 3 |
| 7114 | Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal | 3 |
| 7115 | Other articles of precious metal or of metal clad with precious metal | 3 |
| 7116 | Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) | 3 |
| 7117 | Imitation jewellery | 3 |
| 7118 | Coin | 3 |
Disclaimer : Rates given below are updated as per 23rd GST council meeting on 10th November 2017 to the best of our information. There may be variations due to Government’s latest updates. We are not responsible for any wrong information. Against each rate, please check the “Effective from” date. If you need to check a rate before “Effective from”, please check on government website.
GST Rates 2017 by item wise at One Place in PDF
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