--- title: "HSN Code for Precious Metal Powders and Waste | HSN 71069210 GST Rate" description: "Find HSN and GST Rates for 71069210 related to Precious Metal Powders and Waste with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71069210/" --- # HSN Code 71069210: Precious Metal Powders and Waste - [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 7106: Silver in various forms](https://busy.in/hsn/sub-chapter-7106/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71069210 ? It includes Base Metal-Clad Articles ### Do e‑way bill and e‑invoice apply for Precious Metal Powders and Waste? 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 Precious Metal Powders and Waste? 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 Precious Metal Powders and Waste is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Precious Metal Powders and Waste; Nil for exempt items if applicable). ### Any common misclassification issue with Precious Metal Powders and Waste? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Precious Metal Powders and Waste? Under HSN 71069210, Precious Metal Powders and Waste attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 71069210 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹6 Cr (+377.78% YoY) — 0.0002% of India's total exports - Imports: ₹259 Cr (+692.19% YoY) — 0.0043% of India's total imports - Trade balance: −₹253 Cr (Deficit); surplus rank #11483 of 12657 HSN codes - Share of Sub-Chapter 7106: 0.14% of its exports; import side 0.63% - Rank within Sub-Chapter 7106: #5 of 7 by export value; import-side #4 ### Key metrics - Export CAGR: -6.51% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6468 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,691.67% in FY 2021-22 - Contribution to Sub-Ch. 7106: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71069210 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. 7106 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7106 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 8.37 | 0.0004% | — | 10.23% | 17.78 | 0.0005% | — | 0.07% | −9.41 | #5214 | | FY 2019-20 | 4.41 | 0.0002% | −47.31% | 6.48% | 20.44 | 0.0006% | +14.96% | 0.11% | −16.03 | #6010 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −91.84% | 0.01% | 40.27 | 0.0014% | +97.02% | 0.68% | −39.91 | #8465 | | FY 2021-22 | 6.45 | 0.0002% | +1,691.67% | 1.78% | 26.20 | 0.0006% | −34.94% | 0.11% | −19.75 | #6045 | | FY 2022-23 | 2.29 | 0.0001% | −64.50% | 0.40% | 26.24 | 0.0005% | +0.15% | 0.06% | −23.95 | #7291 | | FY 2023-24 | 1.17 | 0.0000% | −48.91% | 0.22% | 32.67 | 0.0006% | +24.50% | 0.07% | −31.50 | #8100 | | FY 2024-25 | 5.59 | 0.0002% | +377.78% | 0.14% | 258.81 | 0.0043% | +692.19% | 0.63% | −253.22 | #6468 | - CAGR (7-year): exports -6.51%/yr, imports 56.26%/yr (consistently Deficit) ## Key trade insights: HSN Code 71069210 export-import analysis ### Export decline: -6.51% CAGR over 7 years India's exports under HSN Code 71069210 have declined at a compound annual rate of -6.51% over 7 fiscal years, falling from ₹8.37 Crore in FY 2018-19 to ₹5.59 Crore in FY 2024-25. ### HSN Code 71069210 ranked #6468 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71069210 ranks #6468 out of 12657 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #5 of 7. By trade surplus, it ranks #11483 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 71069210 exports The strongest single-year export movement for HSN Code 71069210 was recorded in FY 2021-22, when exports surged by 1,691.67% over the prior year. ### India records a trade deficit of ₹253.22 Crore in HSN Code 71069210 goods In FY 2024-25, India's imports of ₹258.81 Cr exceeded exports of ₹5.59 Cr, resulting in a trade deficit of ₹253.22 Crore — ranking #11483 of 12657 by surplus magnitude. ### Import growth of 56.26% CAGR signals rising demand for Precious Metal Powders and Waste India's imports under HSN Code 71069210 have grown at 56.26% CAGR, reaching ₹258.81 Crore in FY 2024-25. ### HSN Code 71069210 contributes 0.14% of Sub-Chapter 7106 exports — ranked #5 Among the 7 HSN codes under Sub-Chapter 7106, HSN Code 71069210 ranks #5 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.63% share (rank #4). ## Related HSN Codes in Sub-Chapter 7106 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71069220: Other Precious Metal Waste](https://busy.in/hsn/hsn-71069220/) | ₹3,283 Cr | | #2 | [HSN Code 71069290: Other Precious Metal Articles](https://busy.in/hsn/hsn-71069290/) | ₹630 Cr | | #3 | [HSN Code 71069110: Unwrought Gold](https://busy.in/hsn/hsn-71069110/) | ₹91 Cr | | #4 | [HSN Code 71061000: Precious Metal-Clad Articles](https://busy.in/hsn/hsn-71061000/) | ₹19 Cr | | #5 | HSN Code 71069210: Precious Metal Powders and Waste (this hsn code) | ₹6 Cr | | #6 | [HSN Code 71069190: Other Unwrought Precious Metals](https://busy.in/hsn/hsn-71069190/) | < ₹1 Crore | | — | [HSN Code 71069100: Unstudded](https://busy.in/hsn/hsn-71069100/) | Nil |