---
title: "HSN Code for Of heading 7104 | HSN 71051010 GST Rate"
description: "Find HSN and GST Rates for 71051010 related to Of heading 7104 with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71051010/"
---

# HSN Code 71051010: Of heading 7104

- [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 7105: Precious stone dust](https://busy.in/hsn/sub-chapter-7105/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of heading 7102 | 0% | 0% | 0% | 0% |

## Frequently asked questions

### What products are classified under HSN 71051010 ?

It includes Wire of other alloy steel of high speed steel

### Any common misclassification issue with Of heading 7104?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Does packaging or labelling change the GST for Of heading 7104?

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.

### How should mixed supplies be billed when Of heading 7104 is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of heading 7104; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Of heading 7104?

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.

### Can we claim ITC on inputs used to trade Of heading 7104?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

## India's trade performance: HSN Code 71051010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹26 Cr (−9.40% YoY) — 0.0007% of India's total exports
- Imports: ₹19 Cr (−21.75% YoY) — 0.0003% of India's total imports
- Trade balance: ₹7 Cr (Surplus); surplus rank #3541 of 12657 HSN codes
- Share of Sub-Chapter 7105: 95.62% of its exports; import side 7.65%
- Rank within Sub-Chapter 7105: #1 of 4 by export value; import-side #2

### Key metrics

- National export rank: #4500 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: −9.40% in FY 2024-25
- Contribution to Sub-Ch. 7105: 95.62% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71051010

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. 7105 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7105 | 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2022-23 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2023-24 | 29.14 | 0.0008% | — | 97.59% | 24.74 | 0.0004% | — | 8.90% | +4.40 | #4281 |
| FY 2024-25 | 26.40 | 0.0007% | −9.40% | 95.62% | 19.36 | 0.0003% | −21.75% | 7.65% | +7.04 | #4500 |

## Key trade insights: HSN Code 71051010 export-import analysis

### Export snapshot for HSN Code 71051010

India exported ₹26.40 Crore worth of Of heading 7104 in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### HSN Code 71051010 ranked #4500 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71051010 ranks #4500 out of 12657 HSN codes by total export value. Within Sub-Chapter 7105, it ranks #1 of 4. By trade surplus, it ranks #3541 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 71051010 exports

The strongest single-year export movement for HSN Code 71051010 was recorded in FY 2024-25, when exports declined by 9.40% over the prior year.

### India maintains a trade surplus of ₹7.04 Crore in HSN Code 71051010 goods

In FY 2024-25, India's exports of ₹26.40 Cr exceeded imports of ₹19.36 Cr, resulting in a trade surplus of ₹7.04 Crore — ranking #3541 of 12657 by surplus magnitude.

### HSN Code 71051010 contributes 95.62% of Sub-Chapter 7105 exports — ranked #1

Among the 4 HSN codes under Sub-Chapter 7105, HSN Code 71051010 ranks #1 by export value — accounting for 95.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.65% share (rank #2).

## Related HSN Codes in Sub-Chapter 7105

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 71051010: Of heading 7104 (this hsn code) | ₹26 Cr |
| #2 | [HSN Code 71051020: Other Electrolytically Zinc Coated Flat Steel (>=600mm)](https://busy.in/hsn/hsn-71051020/) | ₹1 Cr |
| #3 | [HSN Code 71059000: Imitation Pearls & Stones](https://busy.in/hsn/hsn-71059000/) | < ₹1 Crore |
| — | [HSN Code 71051000: Natural or Cultured Pearls & Stones](https://busy.in/hsn/hsn-71051000/) | Nil |