Saturday 15 July 2017

GST Rate Schedule Chapter - 71 (Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin) (Amended)

Chapter 
71 (Natural  or  cultured pearls,   precious   or semi-precious stones, precious metals,  metals  clad with precious metal, and  articles  thereof; imitation jewellery; coin)


1. All goods of Chapter 71 [other than rough diamond (7102)] will attract 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.
7102   Diamonds, whether or not worked, but not mounted or set [other than rough diamonds].
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 transport.
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 stones, temporarily strung for convenience of transport.
7105    Dust and powder of natural or synthetic precious or semi - precious stones.
7106    Silver (including silver plated with gold or platinum), unwrought or in semi - manufactured forms, or in powder form. 7107   Base metals clad with silver, not further worked than semi – manufactured.
7108   Gold (including gold plated with platinum) unwrought or in semi - manufactured forms, or in powder form. 7109    Base metals or silver, clad with gold, not further worked than semi – manufactured.
7110    Platinum, unwrought or in semi - manufactured form, or in powder form.7111    Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured.
7112    Waste and scrap of precious metals, of metal clad with precious metal.
7113    Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal.
7114    Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal.
7115    Other articles of precious metal or of metal clad with precious metal.
7116    Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or re-constructed).
7117    Imitation jewellery.
7118    Coins.


2.   Rough diamond [7102] will attract 0.25%.


1 comment:

  1. If you thinking about giving a gift of your best friend and your friend is girl than artificial jewelry is best. Because jewelry is girls second friend,they love to have wear jewelry. And arteficial jewellery India is in reasonable price but this jewelry is good enough.

    ReplyDelete