HSN Code 71069190: Other Unwrought Precious Metals

HSN Code 71069190 represents Other Unwrought Precious Metals under GST classification. This code helps businesses identify Other Unwrought Precious Metals correctly for billing, taxation, and trade. With HSN Code 71069190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Unwrought Precious Metals.

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Description of Goods for HSN Code 71069190

HSN Code 71069190 relates to the following description.

Description of Goods

Other : Unwrought: Other

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 71069190 not include?

Other Unwrought Precious Metals 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 71069190 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

< ₹1 Crore

−35.48% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹163 Cr

−21.35% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

−₹162 Cr

Trade Deficit

Surplus rank #11164 of 12657 HSN codes

% of Sub-Chapter 7106

FY 2024-25

0.02%

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

Import side: 0.40% of Sub-Chapter 7106’s imports

Rank Within Sub-Chapter 7106

FY 2024-25

#6 of 7

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

Import-side rank: #5 of 7

At a glance

#8437

National Export Rank

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

+107.89%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.02%

Contribution to Sub-Ch. 7106

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

India Export-Import Trade Statistics for HSN Code 71069190

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 Exp. Rank #7371

Balance

−18.29

Exports

1.37 ₹ Cr

0.0001% share

YoY

0.04% of Sub-Ch. 7106

Imports

19.66 ₹ Cr

0.0007% share

YoY

0.33% of Sub-Ch. 7106

FY 2021-22 Exp. Rank #8765

Balance

−74.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−72.26% YoY

0.10% of Sub-Ch. 7106

Imports

75.23 ₹ Cr

0.0016% share

+282.66% YoY

0.31% of Sub-Ch. 7106

FY 2022-23 Exp. Rank #8302

Balance

−28.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+107.89% YoY

0.14% of Sub-Ch. 7106

Imports

29.20 ₹ Cr

0.0005% share

−61.19% YoY

0.07% of Sub-Ch. 7106

FY 2023-24 Exp. Rank #8052

Balance

−205.70

Exports

1.24 ₹ Cr

0.0000% share

+56.96% YoY

0.24% of Sub-Ch. 7106

Imports

206.94 ₹ Cr

0.0037% share

+608.70% YoY

0.46% of Sub-Ch. 7106

FY 2024-25 Exp. Rank #8437

Balance

−161.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.48% YoY

0.02% of Sub-Ch. 7106

Imports

162.75 ₹ Cr

0.0027% share

−21.35% YoY

0.40% 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 71069190 Export-Import Analysis

Export Snapshot for HSN Code 71069190

India exported ₹0.80 Crore worth of Other Unwrought Precious Metals in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 71069190 Ranked #8437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71069190 ranks #8437 out of 12657 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #6 of 7. By trade surplus, it ranks #11164 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 71069190 Exports

The strongest single-year export movement for HSN Code 71069190 was recorded in FY 2022-23, when exports surged by 107.89% over the prior year.

India Records a Trade Deficit of ₹161.95 Crore in HSN Code 71069190 Goods

In FY 2024-25, India's imports of ₹162.75 Cr exceeded exports of ₹0.80 Cr, resulting in a trade deficit of ₹161.95 Crore — ranking #11164 of 12657 by surplus magnitude.

HSN Code 71069190 Contributes 0.02% of Sub-Chapter 7106 Exports — Ranked #6

Among the 7 HSN codes under Sub-Chapter 7106, HSN Code 71069190 ranks #6 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.40% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71069190 and GST compliance.

What products are classified under HSN 71069190 ?

It includes Other Precious Metal Articles

How should mixed supplies be billed when Other Unwrought Precious Metals is sold with other items?

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

How much GST applies to Other Unwrought Precious Metals?

Under HSN 71069190, Other Unwrought Precious Metals attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Unwrought Precious Metals?

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 Other Unwrought Precious Metals?

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 Other Unwrought Precious Metals?

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.

Does packaging or labelling change the GST for Other Unwrought Precious Metals?

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.

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.