HSN Code 71129200
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 : of platinum, including metal clad with platinum but excluding sweepings containing other precious metals
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 : of platinum, including metal clad with platinum but excluding sweepings containing other precious metals
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.