HSN Code 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.

GST rate: 3%. Chapter 71: Jewellery, Gems & Precious Metals.

GST Rate Details for HSN 7112

HSN 7112 attracts 3% GST, applicable to precious metals and gems as notified by the GST Council.

How to Use HSN Code 7112 on GST Invoices

Apply IGST 3% for interstate supplies, or CGST 1.5% + SGST 1.5% for intrastate supplies.

Products Under This Code

3%, 71, 7112, clad, clad precious, compounds, compounds principally, diamonds, gems, gold, gst3, imitation jewellery.