HSN Code 71012200 represents Cultured Pearls – Worked under GST classification. This code helps businesses identify Cultured Pearls – Worked correctly for billing, taxation, and trade. With HSN Code 71012200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cultured Pearls – Worked.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 71012200 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
Cultured pearls : Worked
1.5%
1.5%
3%
0%
Description of Goods
Cultured pearls : Worked
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%
Cultured Pearls – Worked does not include products with the following descriptions.
Natural pearls : Unworked
Natural pearls : Worked
Cultured pearls : Unworked
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹16 Cr
0.0004% of India’s total exports
India’s Imports
FY 2025-26₹60 Cr
0.0009% of India’s total imports
Trade Balance
FY 2025-26−₹44 Cr
Surplus rank #10207 of 12872 HSN codes
% of Sub-Chapter 7101
FY 2025-2626.99%
Share of Sub-Chapter 7101’s total exports in FY 2025-26
Import side: 28.05% of Sub-Chapter 7101’s imports
Rank Within Sub-Chapter 7101
FY 2025-26#2 of 4
Position by export value among HSN codes in Sub-Chapter 7101
Import-side rank: #2 of 4
At a glance
24.98%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#5317
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+564.96%
Peak Growth Year
FY 2023-24 · strongest single-year move
26.99%
Contribution to Sub-Ch. 7101
Share of Sub-Chapter 7101 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−36.04
Exports
3.45 ₹ Cr
0.0002% share
— YoY
18.51% of Sub-Ch. 7101
Imports
39.49 ₹ Cr
0.0011% share
— YoY
28.41% of Sub-Ch. 7101
Balance
−35.58
Exports
3.43 ₹ Cr
0.0002% share
−0.58% YoY
27.42% of Sub-Ch. 7101
Imports
39.01 ₹ Cr
0.0012% share
−1.22% YoY
27.73% of Sub-Ch. 7101
Balance
−15.74
Exports
1.02 ₹ Cr
0.0000% share
−70.26% YoY
14.80% of Sub-Ch. 7101
Imports
16.76 ₹ Cr
0.0006% share
−57.04% YoY
40.11% of Sub-Ch. 7101
Balance
−24.12
Exports
3.22 ₹ Cr
0.0001% share
+215.69% YoY
21.21% of Sub-Ch. 7101
Imports
27.34 ₹ Cr
0.0006% share
+63.13% YoY
20.43% of Sub-Ch. 7101
Balance
−71.69
Exports
4.48 ₹ Cr
0.0001% share
+39.13% YoY
17.07% of Sub-Ch. 7101
Imports
76.17 ₹ Cr
0.0013% share
+178.60% YoY
31.56% of Sub-Ch. 7101
Balance
−52.48
Exports
29.79 ₹ Cr
0.0008% share
+564.96% YoY
34.62% of Sub-Ch. 7101
Imports
82.27 ₹ Cr
0.0015% share
+8.01% YoY
31.11% of Sub-Ch. 7101
Balance
−63.12
Exports
19.04 ₹ Cr
0.0005% share
−36.09% YoY
31.34% of Sub-Ch. 7101
Imports
82.16 ₹ Cr
0.0014% share
−0.13% YoY
33.78% of Sub-Ch. 7101
Balance
−43.64
Exports
16.43 ₹ Cr
0.0004% share
−13.71% YoY
26.99% of Sub-Ch. 7101
Imports
60.07 ₹ Cr
0.0009% share
−26.89% YoY
28.05% of Sub-Ch. 7101
CAGR · 8-Year
Exports
24.98% /yr
Imports
6.18% /yr
reference, FY 2025-26
Export
₹60.88 Cr
Import
₹214.14 Cr
Trade Balance
−153.26
India's exports under HSN Code 71012200 have grown at a compound annual rate of 24.98% over 8 fiscal years, rising from ₹3.45 Crore in FY 2018-19 to ₹16.43 Crore in FY 2025-26.
In FY 2025-26, HSN Code 71012200 ranks #5317 out of 12872 HSN codes by total export value. Within Sub-Chapter 7101, it ranks #2 of 4. By trade surplus, it ranks #10207 of 12872.
The strongest single-year export movement for HSN Code 71012200 was recorded in FY 2023-24, when exports surged by 564.96% over the prior year.
In FY 2025-26, India's imports of ₹60.07 Cr exceeded exports of ₹16.43 Cr, resulting in a trade deficit of ₹43.64 Crore — ranking #10207 of 12872 by surplus magnitude.
India's imports under HSN Code 71012200 have grown at 6.18% CAGR, reaching ₹60.07 Crore in FY 2025-26.
Among the 4 HSN codes under Sub-Chapter 7101, HSN Code 71012200 ranks #2 by export value — accounting for 26.99% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 28.05% share (rank #2).
Clear answers to common queries about HSN Code 71012200 and GST compliance.
It includes Diamonds – Worked
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cultured Pearls – Worked; Nil for exempt items if applicable).
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.
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.
Under HSN 71012200, Cultured Pearls – Worked attracts Varies when sold in taxable form. Describe the exact form on the invoice.