HSN Code 71123000 - 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 - ASH CONTAINING PRECIOUS METAL OR PRECIOUS METAL COMPOUNDS
GST rate: 3%. Chapter 71: Jewellery, Gems & Precious Metals.
GST Rate Details for HSN 71123000
HSN 71123000 attracts 3% GST, applicable to precious metals and gems as notified by the GST Council.
How to Use HSN Code 71123000 on GST Invoices
Apply IGST 3% for interstate supplies, or CGST 1.5% + SGST 1.5% for intrastate supplies.
Products Under This Code
71, 71123000, 3%, gst3, waste, and, scrap, precious, metal, clad, with, other.