What is HSN Code 7116?
HSN code 7116 is the Harmonized System of Nomenclature classification for Articles Of Natural Or Cultured Pearls, Precious Or Semi-Precious Stones(Natural,… under India's Goods and Services Tax (GST). It is a 4-digit code sitting at the heading (4-digit) level of the HSN hierarchy.
This code belongs to Chapter 71 — Natural Or Cultured Pearls, Precious Or Semi-Precious Stones,…, which is part of Section XIV: Pearls, Precious Stones & Metals. Every GST-registered business supplying articles of natural or cultured pearls, precious or semi-precious stones(natural,… must quote HSN 7116 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.