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HS 7110.11.21Chapter 71 — Natural or Cultured Pearls, Precious Stones

Import Duty on Containing 99.0 percent or more by weight of platinum

India FY 2025-26 · CUSTADA Schedule · ITC-HS 7110.11.21

Duty Rates at a Glance

Basic Customs Duty
5%
Social Welfare Surcharge
0.5%
IGST
3%
Total Effective Duty
8.665%
Unit of Measurement
kg
Import Policy
Free
Export Policy
Free

FTA / Preferential Duty Rates

Lower BCD rates available under Free Trade Agreements

FTA / AgreementBCD Ratevs StandardEst. Saving
BESTIndia-Chile Preferential Trade Agreement0%-5.0%~5.2% on AV
Full FTA rate table1 more agreement with concessional rates for this code, plus Certificate of Origin requirements.
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FTA rates require a valid Certificate of Origin. Verify eligibility with your customs broker.

Frequently Asked Questions

What is the import duty on Containing 99.0 percent or more by weight of platinum?
The total import duty is 8.665%, comprising BCD of 5%, Social Welfare Surcharge of 0.5% on BCD, plus IGST. IGST of 3% applies. These rates are for FY 2025-26.
Is Containing 99.0 percent or more by weight of platinum under BIS mandatory certification?
HS 7110.11.21 does not typically require mandatory BIS certification, but always verify with the latest DPIIT/BIS Quality Control Orders.
Are there anti-dumping duties on Containing 99.0 percent or more by weight of platinum?
No active anti-dumping duties are currently recorded for HS 7110.11.21 in the TradePrep database (FY 2025-26).
Which FTA gives the lowest duty rate for HS 7110.11.21?
The lowest available BCD rate is 0% under India-Chile Preferential Trade Agreement. A valid Certificate of Origin (COO) must be presented at customs to claim this rate.

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HS Code Details

HS Code7110.11.21
Chapter71 — Natural or Cultured Pearls, Precious Stones
Heading7110
Unitkg
ScheduleCUSTADA FY 2025-26
FTA Available