HSN Code 71129990
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 - other : other: other
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 - other : other: other
When does this rate apply?
Use this HSN Code on tax invoices when supplying Waste and scrap of precious metal or of metal clad with precious metal; other wa. GST is charged at 3% (IGST for inter-state, or CGST 1.5% + SGST 1.5% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.