Import Duty for HS 7114
Articles Of Goldsmiths’ Or Silversmiths’ Wares And Parts Thereof, Of Precious Metal Or ...
4-digit · Section XIV · Chapter 71
Duty Information
HS Code
7114
Product
Articles Of Goldsmiths’ Or Silversmiths’ Wares And Parts Thereof, Of Precious Metal Or ...
Basic Customs Duty (BCD)
Check CBIC schedule
Classification Level
4-digit tariff item
Duty rate varies by specific product classification, country of origin, and applicable notifications. Refer to the latest CBIC Customs Tariff Schedule or contact XIMPEX for assistance.
Duty rates are subject to change. Verify with the latest government notification.
Product Classification
XIV — Precious Metals & Gems
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Including preferential rates, FTAs, anti-dumping duties, and Social Welfare Surcharge.
Other Products in Chapter 71
HS 7101
Pearls, Natural Or Cultured, Whether Or Not Worked Or Graded But Not Strung, Mounted Or...
Duty: Check CBIC schedule
HS 7102
Diamonds, whether or not worked, but not mounted or set
Duty: Check CBIC schedule
HS 7103
Precious Stones (other Than Diamonds) And Semi-precious Stones, Whether Or Not Worked O...
Duty: Check CBIC schedule
HS 7104
Synthetic Or Reconstructed Precious Or Semi- Precious Stones, Whether Or Not Worked Or ...
Duty: Check CBIC schedule
HS 7105
Dust and powder of natural or synthetic precious or semi-precious stones
Duty: Check CBIC schedule
HS 7106
Silver (including Silver Plated With Gold Or Platinum), Unwrought Or In Semi- Manufactu...
Duty: Check CBIC schedule
HS 7107
Base metals clad with silver, not further worked than semi- manufactured
Duty: Check CBIC schedule
HS 7108
Gold (including Gold Plated With Platinum) Unwrought Or In Semi-manufactured Forms, Or ...
Duty: Check CBIC schedule
HS 7109
Base metals or silver, clad with gold, not further worked than semi- manufactured
Duty: Check CBIC schedule
HS 7110
Platinum, Unwrought Or In Semi-manufactured Form, Or In Powder Form
Duty: Check CBIC schedule
HS 7111
Base metals, silver or gold, clad with platinum not further worked than semi-manufactured
Duty: Check CBIC schedule
HS 7112
Waste And Scrap Of Precious Metal Or Of Metal Clad With Precious Metal
Duty: Check CBIC schedule
How Import Duty Works in India
Import duty in India consists of Basic Customs Duty (BCD), Social Welfare Surcharge (SWS at 10% of BCD), Integrated GST (IGST), and applicable cess. The effective rate depends on the product classification, country of origin, and any applicable trade agreements.
Use the 8-digit HS code for the most specific duty classification. Products from countries with which India has Free Trade Agreements (FTAs) or Preferential Trade Agreements (PTAs) may qualify for reduced duty rates, subject to Rules of Origin compliance.