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HSN Code 7110 refers to "Platinum, incl. palladium, rhodium, iridium, osmium and ruthenium, unwrought or in semi-manufactured forms, or in powder form." This classification code is essential for identifying precious metals and their derivatives for import/export purposes based on their nature, composition, and intended use. Common products under HSN Code 7110 include unwrought platinum, semi-manufactured platinum, palladium powder, rhodium ingots, and iridium bars. Additionally, the GST rate for platinum and related precious metals under this code ensures accurate trade compliance.
HSN Code7110
| HSN Code | Description | GST% | Effective Date |
|---|---|---|---|
| 711011 | Platinum, unwrought or in powder form | 3% | 01/07/2017 |
| 711019 | Platinum, in semi-manufactured forms | 3% | 01/07/2017 |
| 711021 | Palladium, unwrought or in powder form | 3% | 01/07/2017 |
| 711029 | Palladium in semi-manufactured forms | 3% | 01/07/2017 |
| 711031 | Rhodium, unwrought or in powder form | 3% | 01/07/2017 |
| 711039 | Rhodium in semi-manufactured forms | 3% | 01/07/2017 |
| 711041 | Iridium, osmium and ruthenium, unwrought or in powder form | 3% | 01/07/2017 |
| 711049 | Iridium, osmium and ruthenium, in semi-manufactured forms | 3% | 01/07/2017 |
| 71101110 | UNWROUGHTT INCLUDING INGOTS | 3% | 01/07/2017 |
| 71101120 | IN POWDER FORM | 3% | 01/07/2017 |
| 71101900 | PLATINUM IN OTHER FORMS | 3% | 01/07/2017 |
| 71102100 | PALLADIUM UNWROUGHT OR IN POWDER FORM | 3% | 01/07/2017 |
| 71102900 | PALLADIUM IN OTHER FORM | 3% | 01/07/2017 |
| 71103100 | RHODIUM UNWROUGHT OR IN POWDER FORM | 3% | 01/07/2017 |
| 71103900 | OTHER RHODIUM | 3% | 01/07/2017 |
| 71104100 | IRIDIUM OSMIUM AND RUTHENIUM UNWROUGHT OR IN POWDER FORM | 3% | 01/07/2017 |
| 71104900 | OTHR IRIDIUM OSMIUM AND RUTHENIUM Products Include: Gold Ornaments | 3% | 01/07/2017 |
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