HSN Code 71011010 represents Natural Pearls – Unworked under GST classification. This code helps businesses identify Natural Pearls – Unworked correctly for billing, taxation, and trade. With HSN Code 71011010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Natural Pearls – Unworked.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 71011010 relates to the following description.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport
Natural pearls : Unworked
1.5%
1.5%
3%
0%
Description of Goods
Natural pearls : Unworked
Chapter
71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Sub Chapter
7101 - Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Natural Pearls – Unworked does not include products with the following descriptions.
Natural pearls : Worked
Cultured pearls : Unworked
Cultured pearls : Worked
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹38 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹36 Cr
Surplus rank #9998 of 12657 HSN codes
% of Sub-Chapter 7101
FY 2024-253.46%
Share of Sub-Chapter 7101’s total exports in FY 2024-25
Import side: 15.66% of Sub-Chapter 7101’s imports
Rank Within Sub-Chapter 7101
FY 2024-25#4 of 4
Position by export value among HSN codes in Sub-Chapter 7101
Import-side rank: #3 of 4
At a glance
0.40%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7557
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+3,281.82%
Peak Growth Year
FY 2023-24 · strongest single-year move
3.46%
Contribution to Sub-Ch. 7101
Share of Sub-Chapter 7101 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−6.35
Exports
2.05 ₹ Cr
0.0001% share
— YoY
11.00% of Sub-Ch. 7101
Imports
8.40 ₹ Cr
0.0002% share
— YoY
6.04% of Sub-Ch. 7101
Balance
−34.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−81.95% YoY
2.96% of Sub-Ch. 7101
Imports
34.69 ₹ Cr
0.0010% share
+312.98% YoY
24.66% of Sub-Ch. 7101
Balance
−3.70
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−83.78% YoY
0.87% of Sub-Ch. 7101
Imports
3.76 ₹ Cr
0.0001% share
−89.16% YoY
9.00% of Sub-Ch. 7101
Balance
−15.29
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+33.33% YoY
0.53% of Sub-Ch. 7101
Imports
15.37 ₹ Cr
0.0003% share
+308.78% YoY
11.48% of Sub-Ch. 7101
Balance
−29.08
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+37.50% YoY
0.42% of Sub-Ch. 7101
Imports
29.19 ₹ Cr
0.0005% share
+89.92% YoY
12.09% of Sub-Ch. 7101
Balance
−29.66
Exports
3.72 ₹ Cr
0.0001% share
+3,281.82% YoY
4.32% of Sub-Ch. 7101
Imports
33.38 ₹ Cr
0.0006% share
+14.35% YoY
12.62% of Sub-Ch. 7101
Balance
−35.98
Exports
2.10 ₹ Cr
0.0001% share
−43.55% YoY
3.46% of Sub-Ch. 7101
Imports
38.08 ₹ Cr
0.0006% share
+14.08% YoY
15.66% of Sub-Ch. 7101
CAGR · 7-Year
Exports
0.40% /yr
Imports
28.65% /yr
reference, FY 2024-25
Export
₹60.76 Cr
Import
₹243.19 Cr
Trade Balance
−182.43
India's exports under HSN Code 71011010 have grown at a compound annual rate of 0.40% over 7 fiscal years, rising from ₹2.05 Crore in FY 2018-19 to ₹2.10 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71011010 ranks #7557 out of 12657 HSN codes by total export value. Within Sub-Chapter 7101, it ranks #4 of 4. By trade surplus, it ranks #9998 of 12657.
The strongest single-year export movement for HSN Code 71011010 was recorded in FY 2023-24, when exports surged by 3,281.82% over the prior year.
In FY 2024-25, India's imports of ₹38.08 Cr exceeded exports of ₹2.10 Cr, resulting in a trade deficit of ₹35.98 Crore — ranking #9998 of 12657 by surplus magnitude.
India's imports under HSN Code 71011010 have grown at 28.65% CAGR, reaching ₹38.08 Crore in FY 2024-25.
Among the 4 HSN codes under Sub-Chapter 7101, HSN Code 71011010 ranks #4 by export value — accounting for 3.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.66% share (rank #3).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 71011010 and GST compliance.
It includes Cultured Pearls – Worked
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural Pearls – Unworked; Nil for exempt items if applicable).
Under HSN 71011010, Natural Pearls – Unworked attracts Varies when sold in taxable form. Describe the exact form on the invoice.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.