HSN CODE - 71141920 : MANUFACTURES OF PLATINIM GROUP METALS

Harmonised System of Nomenclature (HSN Codes) 71141920 are used for the MANUFACTURES OF PLATINIM GROUP METALS products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 71141920

First two digits (71) represent the chapter number which is Chapter 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin.

Next two digits (14) represent the heading number which is ARTICLES OF GOLDSMITHS’ OR SILVERSMITHS’ WARES AND PARTS THEREOF, OF PRECIOUS METAL OR OF METAL CLAD WITH PRECIOUS METAL

Next two digits (19) represent the product code which is Of other precious metal, whether or not plated or clad with precious metal

Last two digits (20) are for final or deeper classification which is MANUFACTURES OF PLATINIM GROUP METALS

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.