Heading · Chapter 71 · Section XIV, Natural or cultured pearls, precious or semi-precious stones, precio…

HS 7112Waste 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 other than goods of heading 8549

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

Customs duty
10%
6 tariff items
GST now
3%
Import policy
Restricted
Export policy
Free
Unit
kg
Duty in China
0% to 8%
On Indian goods
Search codesRates as on 19 Oct 2026

Codes under this heading

4 codes. Duty and GST are set on the 8-digit tariff items; open the one that describes your goods.

Codes under this code
CodeDescriptionCustoms dutyGST nowUnit
7112 30 00Ash containing precious metal or precious metal compounds10%3%kg
7112 91 00Of gold, including metal clad with gold but excluding sweepings containing other precious metals10%3%kg
7112 92 00Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals10%3%kg
7112 99Other10%3%kg

Importing into India

Duty is set on each 8-digit tariff item: open one of the codes above. Basic customs duty across its 6 tariff items: 10%. The rules below cover this whole code.

Anti-dumping, countervailing and safeguard duty

None in force on this code as on 19 Oct 2026.

Import policy (DGFT ITC(HS)) of its tariff items

  • Restricted: 6 tariff items

GST

IGST on imports is the GST rate. Rates changed on 22 September 2025.

  • Now 3%.
  • Until 21 September 2025 3%.
  • Change: Unchanged.

The rules that set it now

GST rate rules in force
NotificationGoodsRate
9/2025-Integrated Tax (Rate)Schedule IV, S.No. 9Waste 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.3%

History

GST rate history
PeriodRateNotification
Until 21 Sep 20253%1/2017-Central Tax (Rate)
From 22 Sep 20253%9/2025-Integrated Tax (Rate)

Exporting from India

Export duty

Nil. The Second Schedule to the Customs Tariff Act does not list these goods, so no export duty is charged.

Duty drawback (All Industry Rates)

All Industry Rates of duty drawback under this heading
Drawback itemGoodsRateCap
7112Waste 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 other than goods of heading 8549Nil—

Drawback items follow the 4-digit heading, not the 8-digit code: claim the one that describes your goods. Rates of notification 77/2023-Customs (N.T.) as amended, in force on 19 Oct 2026.

Export policy (DGFT ITC(HS) Schedule 2) of its tariff items

  • Free: 6 tariff items

China: the same goods (7112)

China shares the first 6 digits with India and splits them into 10-digit codes of its own: 9 in force and 2 expired under 7112. Exporters see what China charges Indian goods; importers see the rebate and licences their Chinese supplier deals with.

China's tariff for these goods
China codeGoodsDuty on Indian goodsMFNImport VATExport rebateLicences
7112.30.10.00Ash containing silver or silver compounds含有银或银化合物的灰8%MFN rate (no APTA concession on this line)8%13%13%9
7112.30.90.00Ash containing other precious metals or precious metal compounds含其他贵金属或贵金属化合物的灰6%MFN rate (no APTA concession on this line)6%13%0%9
7112.91.20.00Waste and scrap containing gold or gold compounds含有金及金化合物的废碎料6%MFN rate (no APTA concession on this line)6%13%0%9
7112.92.10.00Waste and scrap of platinum and platinum-clad铂及包铂的废碎料0%MFN rate (no APTA concession on this line)0%13%0%49xy
7112.92.20.01Other waste and scrap containing platinum or platinum compounds, with a platinum content of > 3%铂含量在3%以上的其他含有铂或铂化合物的废碎料0%China's provisional rate, lower than MFN6%13%0%4xy
7112.92.20.90Other waste and scrap containing platinum or platinum compounds其他含有铂及铂化合物的废碎料6%MFN rate (no APTA concession on this line)6%13%0%4xy
7112.99.10.00Waste and scrap containing silver or silver compounds含有银及银化合物的废碎料8%MFN rate (no APTA concession on this line)8%13%13%9
7112.99.20.00Waste and scrap containing other precious metals or precious metal compounds含其他贵金属或贵金属化合物废碎料6%MFN rate (no APTA concession on this line)6%13%0%9
7112.99.90.00Other waste and scrap of precious metal or precious metal compounds其他贵金属或贵金属化合物废碎料0%MFN rate (no APTA concession on this line)0%13%0%None
  • India is a member of the Asia-Pacific Trade Agreement (APTA). With an APTA certificate of origin, Indian goods pay China's APTA rate where the line has one; China applies the lower of that and its provisional rate.
  • The export VAT rebate is what China refunds its own exporters. When China cuts it, Chinese export prices tend to rise.

China's tariff as compiled by HS编码网 from China Customs, the State Council Tariff Commission and the State Taxation Administration. The Chinese is the original.

Nearby codes

Previous7111Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured 10One level upChapter 71Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coinNext7113Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

Sources

For information, not a customs ruling. Only notifications published in the Gazette have legal force; confirm the duty with your customs broker or ICEGATE before you price a deal.