Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 7101 specifically identifies pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 1.5% + SGST 1.5%

Inter-State Split

IGST 3%

Compliance Check-list

✓Mention HSN 7101 on all Tax Invoices for pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 7101

"Classifying pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily correctly is critical to avoid litigation. While the base rate is 3%, always check for anti-dumping duties if importing, especially under the Gems & Jewellery category. AasanKhata automatically monitors these shifts for you."