--- title: "HSN Code for Other Precious Metal Articles | HSN 71069290 GST Rate" description: "Find HSN and GST Rates for 71069290 related to Other Precious Metal Articles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71069290/" --- # HSN Code 71069290: Other Precious Metal Articles - [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 : Other | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71069290 ? It includes Silver Ores ### How should mixed supplies be billed when Other Precious Metal Articles is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Precious Metal Articles; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other Precious Metal Articles? 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. ### Any common misclassification issue with Other Precious Metal Articles? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Other Precious Metal Articles? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Precious Metal Articles? 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. ## India's trade performance: HSN Code 71069290 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹630 Cr (+459.27% YoY) — 0.0171% of India's total exports - Imports: ₹945 Cr (+8.46% YoY) — 0.0156% of India's total imports - Trade balance: −₹315 Cr (Deficit); surplus rank #11618 of 12657 HSN codes - Share of Sub-Chapter 7106: 15.63% of its exports; import side 2.31% - Rank within Sub-Chapter 7106: #2 of 7 by export value; import-side #3 ### Key metrics - Export CAGR: 43.11% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #813 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +459.27% in FY 2024-25 - Contribution to Sub-Ch. 7106: 15.63% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71069290 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 | 73.33 | 0.0032% | — | 89.60% | 1,822.58 | 0.0508% | — | 6.96% | −1,749.25 | #2361 | | FY 2019-20 | 63.04 | 0.0029% | −14.03% | 92.69% | 2,115.36 | 0.0632% | +16.06% | 11.04% | −2,052.32 | #2577 | | FY 2020-21 | 175.36 | 0.0082% | +178.17% | 5.17% | 259.63 | 0.0089% | −87.73% | 4.36% | −84.27 | #1495 | | FY 2021-22 | 94.43 | 0.0030% | −46.15% | 25.99% | 7,989.00 | 0.1748% | +2,977.07% | 32.67% | −7,894.57 | #2491 | | FY 2022-23 | 94.99 | 0.0026% | +0.59% | 16.56% | 19,740.86 | 0.3434% | +147.10% | 46.74% | −19,645.87 | #2599 | | FY 2023-24 | 112.64 | 0.0031% | +18.58% | 21.44% | 871.37 | 0.0155% | −95.59% | 1.93% | −758.73 | #2425 | | FY 2024-25 | 629.96 | 0.0171% | +459.27% | 15.63% | 945.13 | 0.0156% | +8.46% | 2.31% | −315.17 | #813 | - CAGR (7-year): exports 43.11%/yr, imports -10.37%/yr (consistently Deficit) ## Key trade insights: HSN Code 71069290 export-import analysis ### Consistent export growth: 43.11% CAGR over 7 years India's exports under HSN Code 71069290 have grown at a compound annual rate of 43.11% over 7 fiscal years, rising from ₹73.33 Crore in FY 2018-19 to ₹629.96 Crore in FY 2024-25. ### HSN Code 71069290 ranked #813 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71069290 ranks #813 out of 12657 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #2 of 7. By trade surplus, it ranks #11618 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 71069290 exports The strongest single-year export movement for HSN Code 71069290 was recorded in FY 2024-25, when exports surged by 459.27% over the prior year. ### India records a trade deficit of ₹315.17 Crore in HSN Code 71069290 goods In FY 2024-25, India's imports of ₹945.13 Cr exceeded exports of ₹629.96 Cr, resulting in a trade deficit of ₹315.17 Crore — ranking #11618 of 12657 by surplus magnitude. ### Import growth of -10.37% CAGR signals stable import dependency for Other Precious Metal Articles India's imports under HSN Code 71069290 have grown at -10.37% CAGR, reaching ₹945.13 Crore in FY 2024-25. ### HSN Code 71069290 contributes 15.63% of Sub-Chapter 7106 exports — ranked #2 Among the 7 HSN codes under Sub-Chapter 7106, HSN Code 71069290 ranks #2 by export value — accounting for 15.63% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.31% share (rank #3). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-71069210/) | ₹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 |