--- title: "HSN Code for Imitation Jewellery Mainly of Base Metals and Pearls | HSN 71039941 GST Rate" description: "Find HSN and GST Rates for 71039941 related to Imitation Jewellery Mainly of Base Metals and Pearls with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71039941/" --- # HSN Code 71039941: Imitation Jewellery Mainly of Base Metals and Pearls - [Section 14: Guide to HSN Section 14](https://busy.in/hsn/section-14/) - [Chapter 71: Natural Pearls & Metals](https://busy.in/hsn/chapter-71/) - [Sub-chapter 7103: Reconstructed precious stone](https://busy.in/hsn/sub-chapter-7103/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Prehnite | 0.125% | 0.125% | 0.25% | 0% | ## Frequently asked questions ### What products are classified under HSN 71039941 ? It includes Other Articles Mainly of Base Metals ### Does packaging or labelling change the GST for Imitation Jewellery Mainly of Base Metals and Pearls? 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. ### Can we claim ITC on inputs used to trade Imitation Jewellery Mainly of Base Metals and Pearls? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Imitation Jewellery Mainly of Base Metals and Pearls? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Imitation Jewellery Mainly of Base Metals and Pearls? 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. ### How much GST applies to Imitation Jewellery Mainly of Base Metals and Pearls? Under HSN 71039941, Imitation Jewellery Mainly of Base Metals and Pearls attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 71039941 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−6.38% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−28.57% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4889 of 12657 HSN codes - Share of Sub-Chapter 7103: 0.01% of its exports; import side 0.00% - Rank within Sub-Chapter 7103: #35 of 55 by export value; import-side #41 ### Key metrics - National export rank: #8914 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +52.94% in FY 2021-22 - Contribution to Sub-Ch. 7103: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71039941 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7103 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7103 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.33 | #8507 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +52.94% | 0.01% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +0.51 | #8544 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +9.62% | 0.01% | < ₹1 Crore | 0.0000% | +300.00% | 0.00% | +0.53 | #8576 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −17.54% | 0.01% | < ₹1 Crore | 0.0000% | +75.00% | 0.00% | +0.40 | #8839 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −6.38% | 0.01% | < ₹1 Crore | 0.0000% | −28.57% | 0.00% | +0.39 | #8914 | ## Key trade insights: HSN Code 71039941 export-import analysis ### Export snapshot for HSN Code 71039941 India exported ₹0.44 Crore worth of Imitation Jewellery Mainly of Base Metals and Pearls in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71039941 ranked #8914 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71039941 ranks #8914 out of 12657 HSN codes by total export value. Within Sub-Chapter 7103, it ranks #35 of 55. By trade surplus, it ranks #4889 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 71039941 exports The strongest single-year export movement for HSN Code 71039941 was recorded in FY 2021-22, when exports surged by 52.94% over the prior year. ### India maintains a trade surplus of ₹0.39 Crore in HSN Code 71039941 goods In FY 2024-25, India's exports of ₹0.44 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹0.39 Crore — ranking #4889 of 12657 by surplus magnitude. ### HSN Code 71039941 contributes 0.01% of Sub-Chapter 7103 exports — ranked #35 Among the 55 HSN codes under Sub-Chapter 7103, HSN Code 71039941 ranks #35 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #41). ## Related HSN Codes in Sub-Chapter 7103 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71039130: Other Parts for Jewellery](https://busy.in/hsn/hsn-71039130/) | ₹1,833 Cr | | #2 | [HSN Code 71039990: Other Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039990/) | ₹412 Cr | | #3 | [HSN Code 71039952: Tanzanite Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039952/) | ₹407 Cr | | #4 | [HSN Code 71039110: Precious Metal Parts for Jewellery](https://busy.in/hsn/hsn-71039110/) | ₹247 Cr | | #5 | [HSN Code 71039120: Base Metal Parts for Jewellery](https://busy.in/hsn/hsn-71039120/) | ₹184 Cr | | #6 | [HSN Code 71039939: Other Articles of Base Metals](https://busy.in/hsn/hsn-71039939/) | ₹146 Cr | | #7 | [HSN Code 71039951: Tourmaline & Zoisite Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039951/) | ₹145 Cr | | #8 | [HSN Code 71039919: Other Articles of Precious Metals](https://busy.in/hsn/hsn-71039919/) | ₹113 Cr | | #9 | [HSN Code 71039949: Prehnite & Quartz Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039949/) | ₹83 Cr | | #10 | [HSN Code 71039911: Precious Metal Foil and Leaf](https://busy.in/hsn/hsn-71039911/) | ₹56 Cr | | #35 | HSN Code 71039941: Imitation Jewellery Mainly of Base Metals and Pearls (this hsn code) | < ₹1 Crore |