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HSN Code 7112

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.

DescriptionCGSTSGSTIGSTSchedule
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.1.5%1.5%3%IV

Source: Notification No. 9/2025-Integrated Tax (Rate), dated 17 September 2025 (effective 22 September 2025). Compensation Cess, if applicable, is not shown here — verify on the official CBIC portal.

Frequently asked questions

What is the GST rate for HSN code 7112?

The GST rate for HSN code 7112 (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.) is 3% IGST (1.5% CGST + 1.5% SGST), as per Schedule IV of Notification No. 9/2025-Integrated Tax (Rate).

Which chapter does HSN code 7112 belong to?

HSN code 7112 falls under Chapter 71 - Natural or Cultured Pearls, Precious or Semi-Precious Stones, Precious Metals of the Customs Tariff Act, 1975.