Frequent question: What is the HSN code of artificial Jewellery?

HS Code 71171900 – Imitation, jewellery, base.

What is the GST on imitation Jewellery?

GST Tax Rate: 3%

Is GST applicable on artificial Jewellery?

In case of imitation jewellery which are also taxable @ 3% whereas the inputs & raw material like Copper etc.

GST on Gems and Jewellery.

Sr. No. Description of Goods
5. Jewellery, Goldsmith’ and Silversmiths’ wares and other articles (Chapter 71)

What is the commodity code for Costume Jewellery?

7117 1900 90 – Imitation jewellery, Of base metal, whether or not plated with precious metal, Other, Other – Taric Support.

What is the HS Code of Jewellery?

HSN Code 7113

HS Code Description GST%
711319 Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excluding articles 100 years old) ,Products include: Platinum Jewellery 3%

What is imitation Jewellery made of?

Artificial jewellery is made of metals that are cheap and can be easily moulded into various shapes. Traditionally, the commonest metal used to make artificial jewellery is a white metal called nickel. Lead, copper, cadmium and brass are also being used.

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What is HSN code for gold?

Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder fall are classified under HSN code 7108 as under: HSN code for gold powder is 7108 11 00. HSN code for other unwrought forms of gold is 7108 12 00. HSN code for other semi-manufactured forms of gold is 7108 13 00.

Can I take ITC on Jewellery?

ITC Claim: If the purchase of second-hand gold jewellery is from a registered person, ITC is available. In such a case, the margin scheme, as discussed above, will not be available for the gold company on its further sale.

What is the GST on diamond?

Diamond India (DIL) has been included in the list of nominated agencies eligible for IGST exemption on imports of gold, silver and platinum so as to supply at zero GST to jewellery exporters. The rate of GST on cut and polished semi-precious stones has been slashed to 0.25% from 3%.

What is the GST on silver?

3% GST Goods

Heading/ Sub-heading Description of Goods IGST Rate
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%

How do I find my commodity code?

Help with finding your code

If you require any extra help, you can get assistance with classifying your goods by emailing classification.enquiries@hmrc.gsi.gov.uk.To receive help in finding an accurate commodity code, you will need to include certain information about your product that will help to classify it.

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What is the HS Code for shoes?

HS Code 640359 – Trade Statistics, Tariff Rates for Footwear, Outer Sole & Upper Of Leather Nesoi.

What is the HS code for cosmetics?

HTS Code: 3304 – Beauty Or Make-up And Skin-care Preparations (other Than Medicaments), Including Sunscreens Etc.; Manicure Or Pedicure Preparations –

What is the meaning of imitation Jewellery?

Imitation jewelry are accessories that are made using a variety of artificial materials. It is also called ‘fashion jewelry’, perhaps because this is the jewelry type that allows people to experiment with different styles and trends in the most cost-effective way.

What is the HSN code for sarees?

HSN Code 5208

HS Code Description GST%
52084220 SAREE 5%
52084910 ZARI BORDERED SAREE 5%
52085120 SAREE 5%
52085220 SAREE 5%

What is the HSN code for clothing?

HSN Code 6111

HS Code Description GST%
611130 Babies’ garments and clothing accessories of synthetic fibres, knitted or crocheted (excluding hats) 0%
611190 Babies’ garments and clothing accessories of textile materials, knitted or crocheted (excluding of cotton or synthetic fibres, and hats) ,Products include: Frock 0%
Shine precious stones