Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal other than goods of heading 85.49
HS heading 71.12 covers Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal other than goods of heading 85.49. Within Chapter 71 it splits into 4 six-digit subheadings, each carrying its own customs duty line.
- India exports 2024
- $100.1M
- Share of Chapter 71
- 0.3%
- Rank in its chapter
- #8 of 18
Source: UN Comtrade — India's reported merchandise exports to the world, 2024.
Sourcing this category from India
HS 71.12 covers waste and scrap of precious metal for recovery. India's large jewellery industry generates and refines precious-metal scrap, recovering gold, silver and platinum for re-use.
How to read this code
71.12 is the four-digit HS heading for waste and scrap of precious metal or of metal clad. To clear customs your destination country extends it to a full 8–10 digit code and assigns the duty rate. India's preferential trade agreements (UAE CEPA, Australia ECTA, and others) can reduce or zero out that duty on many pearls, precious stones & metals lines — check our import guides for your market.
Subheadings under HS 71.12
The Harmonised System breaks Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal other than goods of heading 85.49 into these 4 subheadings. Drill down to the exact classification for your goods.
Waste and scrap of precious metal or of metal clad with precious metal; ash containing precious metal or precious metal compounds
Waste and scrap of precious metals; of gold, including metal clad with gold but excluding sweepings containing other precious metals
Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals
Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds
Turn this code into a sourcing plan
HS 71.12 maps to live sourcing categories — jump straight to the sector and products we ship under it.
Top destinations for Chapter 71 exports
India's largest buyers of goods in this HS chapter in 2024, ranked by export value.
Chapter-level destination mix — your specific HS line may skew differently. Source: UN Comtrade, 2024.
More codes in Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Jump to the other headings classified under 71 — hover a code for its description.
Working out import duty for HS 71.12 into your market? See full duty context and India-vs-rivals comparisons in our India comparison guides and export resource hub.
Indian exporters in this category
Established export houses with relevant HS focus. Listings are compiled from public records — run your own due diligence.
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