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Verified Category: Gems & Jewellery

HSN Code 7104

Goods other than those specified against S. No. 3 in Schedule V

Current GST Rate
1.5%
Verified ✓
Rate noteRate varies within this heading — 0.25%: Synthetic or reconstructed precious or semi-precious…; 1.5%: Goods other than those specified against S. No. 3 in…

Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 7104 specifically identifies goods other than those specified against s. no. 3 in schedule v for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split
CGST 0.75% + SGST 0.75%
Inter-State Split
IGST 1.5%

Compliance Check-list

  • Mention HSN 7104 on all Tax Invoices for goods other than those specified against s. no. 3 in schedule v
  • 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 7104

"Classifying goods other than those specified against s. no. 3 in schedule v correctly is critical to avoid litigation. While the base rate is 1.5%, always check for anti-dumping duties if importing, especially under the Gems & Jewellery category. AasanKhata automatically monitors these shifts for you."