HSN Code 71069120 represents Unwrought Silver (99.9% or More Silver) under GST classification. This code helps businesses identify Unwrought Silver (99.9% or More Silver) correctly for billing, taxation, and trade. With HSN Code 71069120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought Silver (99.9% or More Silver).
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HSN Code 71069120 relates to the following description.
New tariff item from 1 May 2025 (Finance Act, 2025), carved out of 71069190. Goods of this item were classified there before that date.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
Other : Unwrought : Containing 99.9 per cent. or more by weight of silver
1.5%
1.5%
3%
0%
Description of Goods
Other : Unwrought : Containing 99.9 per cent. or more by weight of silver
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%
Unwrought Silver (99.9% or More Silver) does not include products with the following descriptions.
Powder
Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form - other : unwrought
Other : Unwrought: Grains
Other : Unwrought: Other
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Bar
Other : Semi-manufactured : Bar : Containing 99.9 per cent. or more by weight of Silver
Other : Semi-manufactured : Bar : Other semi-manufactured silver bars, containing less than 99.9 per cent. by weight of silver
Other : Semi-manufactured : Other
Powder
Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form - other : unwrought
Other : Unwrought: Grains
Other : Unwrought: Other
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Bar
Other : Semi-manufactured : Bar : Containing 99.9 per cent. or more by weight of Silver
Other : Semi-manufactured : Bar : Other semi-manufactured silver bars, containing less than 99.9 per cent. by weight of silver
Other : Semi-manufactured : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26₹125 Cr
0.0018% of India’s total imports
Trade Balance
FY 2025-26−₹125 Cr
Surplus rank #11028 of 12872 HSN codes
% of Sub-Chapter 7106
FY 2025-260.01%
Share of Sub-Chapter 7106’s total exports in FY 2025-26
Import side: 0.12% of Sub-Chapter 7106’s imports
Rank Within Sub-Chapter 7106
FY 2025-26#8 of 10
Position by export value among HSN codes in Sub-Chapter 7106
Import-side rank: #7 of 10
At a glance
#10294
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
0.01%
Contribution to Sub-Ch. 7106
Share of Sub-Chapter 7106 exports in FY 2025-26
1-year export and import data, FY 2025-26 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−124.57
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7106
Imports
124.60 ₹ Cr
0.0018% share
— YoY
0.12% of Sub-Ch. 7106
reference, FY 2025-26
Export
₹443.53 Cr
Import
₹1,07,394.01 Cr
Trade Balance
−1,06,950.48
India exported ₹0.03 Crore worth of Unwrought Silver (99.9% or More Silver) in FY 2025-26. Multi-year trend data is being compiled for this hsn code.
In FY 2025-26, HSN Code 71069120 ranks #10294 out of 12872 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #8 of 10. By trade surplus, it ranks #11028 of 12872.
In FY 2025-26, India's imports of ₹124.60 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹124.57 Crore — ranking #11028 of 12872 by surplus magnitude.
Among the 10 HSN codes under Sub-Chapter 7106, HSN Code 71069120 ranks #8 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.12% share (rank #7).