Silver, unwrought
Under the Harmonized System of Nomenclature (HSN), the code 7106 specifically identifies silver, unwrought for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.
"Classifying silver, unwrought correctly is critical to avoid litigation. While the base rate is 3%, always check for anti-dumping duties if importing, especially under the Precious Metals category. AasanKhata automatically monitors these shifts for you."