HSN Code 71069221 represents Semi-Manufactured Silver Bars (99.9% or More Silver) under GST classification. This code helps businesses identify Semi-Manufactured Silver Bars (99.9% or More Silver) correctly for billing, taxation, and trade. With HSN Code 71069221, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Semi-Manufactured Silver Bars (99.9% or More Silver).
Manage correct HSN codes and GST rates with BUSY.
HSN Code 71069221 relates to the following description.
New tariff item from 1 May 2025 (Finance Act, 2025), carved out of 71069220. 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 : Semi-manufactured : Bar : Containing 99.9 per cent. or more by weight of Silver
1.5%
1.5%
3%
0%
Description of Goods
Other : Semi-manufactured : Bar : 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%
Semi-Manufactured Silver Bars (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 : Containing 99.9 per cent. or more by weight of silver
Other : Unwrought: Other
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Bar
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 : Containing 99.9 per cent. or more by weight of silver
Other : Unwrought: Other
Other : Semi-manufactured : Sheets, plates, strips, tubes and pipes
Other : Semi-manufactured : Bar
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₹228 Cr
0.0059% of India’s total exports
India’s Imports
FY 2025-26₹96,747 Cr
1.4110% of India’s total imports
Trade Balance
FY 2025-26−₹96,518 Cr
Surplus rank #12794 of 12872 HSN codes
% of Sub-Chapter 7106
FY 2025-2651.46%
Share of Sub-Chapter 7106’s total exports in FY 2025-26
Import side: 90.09% of Sub-Chapter 7106’s imports
Rank Within Sub-Chapter 7106
FY 2025-26#1 of 10
Position by export value among HSN codes in Sub-Chapter 7106
Import-side rank: #1 of 10
At a glance
#1807
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
51.46%
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
−96,518.42
Exports
228.22 ₹ Cr
0.0059% share
— YoY
51.46% of Sub-Ch. 7106
Imports
96,746.64 ₹ Cr
1.4110% share
— YoY
90.09% 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 ₹228.22 Crore worth of Semi-Manufactured Silver Bars (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 71069221 ranks #1807 out of 12872 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #1 of 10. By trade surplus, it ranks #12794 of 12872.
In FY 2025-26, India's imports of ₹96,746.64 Cr exceeded exports of ₹228.22 Cr, resulting in a trade deficit of ₹96,518.42 Crore — ranking #12794 of 12872 by surplus magnitude.
Among the 10 HSN codes under Sub-Chapter 7106, HSN Code 71069221 ranks #1 by export value — accounting for 51.46% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 90.09% share (rank #1).