HSN Code 71069110: Unwrought Gold

HSN Code 71069110 represents Unwrought Gold under GST classification. This code helps businesses identify Unwrought Gold correctly for billing, taxation, and trade. With HSN Code 71069110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought Gold.

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Description of Goods for HSN Code 71069110

HSN Code 71069110 relates to the following description.

Description of Goods

Other : Unwrought: Grains

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

7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form

CGST

1.5%

SGST

1.5%

IGST

3%

CESS

0%

What does HSN Code 71069110 not include?

Unwrought Gold does not include products with the following descriptions.

Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form - other : unwrought

India’s Trade Performance — HSN Code 71069110 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹91 Cr

+11,312.50% vs FY 2023-24

0.0025% of India’s total exports

India’s Imports

FY 2024-25

₹4,671 Cr

−70.81% vs FY 2023-24

0.0769% of India’s total imports

Trade Balance

FY 2024-25

−₹4,580 Cr

Trade Deficit

Surplus rank #12547 of 12657 HSN codes

% of Sub-Chapter 7106

FY 2024-25

2.27%

Share of Sub-Chapter 7106’s total exports in FY 2024-25

Import side: 11.41% of Sub-Chapter 7106’s imports

Rank Within Sub-Chapter 7106

FY 2024-25

#3 of 7

Position by export value among HSN codes in Sub-Chapter 7106

Import-side rank: #2 of 7

At a glance

#2792

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+11,312.50%

Peak Growth Year

FY 2024-25 · strongest single-year move

2.27%

Contribution to Sub-Ch. 7106

Share of Sub-Chapter 7106 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 71069110

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7106

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7106

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7106

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7106

FY 2020-21

Balance

−1,115.35

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7106

Imports

1,115.35 ₹ Cr

0.0383% share

YoY

18.71% of Sub-Ch. 7106

FY 2021-22 Exp. Rank #9874

Balance

−1,620.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7106

Imports

1,620.51 ₹ Cr

0.0355% share

+45.29% YoY

6.63% of Sub-Ch. 7106

FY 2022-23

Balance

−1,032.57

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7106

Imports

1,032.57 ₹ Cr

0.0180% share

−36.28% YoY

2.44% of Sub-Ch. 7106

FY 2023-24 Exp. Rank #8434

Balance

−16,001.77

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.15% of Sub-Ch. 7106

Imports

16,002.57 ₹ Cr

0.2850% share

+1,449.78% YoY

35.43% of Sub-Ch. 7106

FY 2024-25 Exp. Rank #2792

Balance

−4,579.99

Exports

91.30 ₹ Cr

0.0025% share

+11,312.50% YoY

2.27% of Sub-Ch. 7106

Imports

4,671.29 ₹ Cr

0.0769% share

−70.81% YoY

11.41% of Sub-Ch. 7106

Sub-Chapter 7106 total

reference, FY 2024-25

Export

₹4,029.42 Cr

Import

₹40,928.94 Cr

Trade Balance

−36,899.52

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 71069110 Export-Import Analysis

Export Snapshot for HSN Code 71069110

India exported ₹91.30 Crore worth of Unwrought Gold in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 71069110 Ranked #2792 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71069110 ranks #2792 out of 12657 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #3 of 7. By trade surplus, it ranks #12547 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 71069110 Exports

The strongest single-year export movement for HSN Code 71069110 was recorded in FY 2024-25, when exports surged by 11,312.50% over the prior year.

India Records a Trade Deficit of ₹4,579.99 Crore in HSN Code 71069110 Goods

In FY 2024-25, India's imports of ₹4,671.29 Cr exceeded exports of ₹91.30 Cr, resulting in a trade deficit of ₹4,579.99 Crore — ranking #12547 of 12657 by surplus magnitude.

HSN Code 71069110 Contributes 2.27% of Sub-Chapter 7106 Exports — Ranked #3

Among the 7 HSN codes under Sub-Chapter 7106, HSN Code 71069110 ranks #3 by export value — accounting for 2.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.41% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71069110 and GST compliance.

What products are classified under HSN 71069110 ?

It includes Other Precious Metal Waste

How much GST applies to Unwrought Gold?

Under HSN 71069110, Unwrought Gold attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Unwrought Gold?

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.

Do e‑way bill and e‑invoice apply for Unwrought Gold?

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 Unwrought Gold?

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

How should mixed supplies be billed when Unwrought Gold is sold with other items?

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

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.