HSN Code 71069290 represents Other Semi-Manufactured Silver under GST classification. This code helps businesses identify Other Semi-Manufactured Silver correctly for billing, taxation, and trade. With HSN Code 71069290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Semi-Manufactured Silver.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 71069290 relates to the following description.
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 : Other
1.5%
1.5%
3%
0%
Description of Goods
Other : Semi-manufactured : 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%
Other Semi-Manufactured 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 : 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
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 : 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
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹185 Cr
0.0047% of India’s total exports
India’s Imports
FY 2025-26₹1,651 Cr
0.0241% of India’s total imports
Trade Balance
FY 2025-26−₹1,466 Cr
Surplus rank #12444 of 12872 HSN codes
% of Sub-Chapter 7106
FY 2025-2641.74%
Share of Sub-Chapter 7106’s total exports in FY 2025-26
Import side: 1.54% of Sub-Chapter 7106’s imports
Rank Within Sub-Chapter 7106
FY 2025-26#2 of 10
Position by export value among HSN codes in Sub-Chapter 7106
Import-side rank: #3 of 10
At a glance
14.14%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#2053
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+459.27%
Peak Growth Year
FY 2024-25 · strongest single-year move
41.74%
Contribution to Sub-Ch. 7106
Share of Sub-Chapter 7106 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1,749.25
Exports
73.33 ₹ Cr
0.0032% share
— YoY
89.60% of Sub-Ch. 7106
Imports
1,822.58 ₹ Cr
0.0508% share
— YoY
6.96% of Sub-Ch. 7106
Balance
−2,052.32
Exports
63.04 ₹ Cr
0.0029% share
−14.03% YoY
92.69% of Sub-Ch. 7106
Imports
2,115.36 ₹ Cr
0.0632% share
+16.06% YoY
11.04% of Sub-Ch. 7106
Balance
−84.27
Exports
175.36 ₹ Cr
0.0082% share
+178.17% YoY
5.17% of Sub-Ch. 7106
Imports
259.63 ₹ Cr
0.0089% share
−87.73% YoY
4.36% of Sub-Ch. 7106
Balance
−7,894.57
Exports
94.43 ₹ Cr
0.0030% share
−46.15% YoY
25.99% of Sub-Ch. 7106
Imports
7,989.00 ₹ Cr
0.1748% share
+2,977.07% YoY
32.67% of Sub-Ch. 7106
Balance
−19,645.87
Exports
94.99 ₹ Cr
0.0026% share
+0.59% YoY
16.56% of Sub-Ch. 7106
Imports
19,740.86 ₹ Cr
0.3434% share
+147.10% YoY
46.74% of Sub-Ch. 7106
Balance
−758.73
Exports
112.64 ₹ Cr
0.0031% share
+18.58% YoY
21.44% of Sub-Ch. 7106
Imports
871.37 ₹ Cr
0.0155% share
−95.59% YoY
1.93% of Sub-Ch. 7106
Balance
−315.17
Exports
629.96 ₹ Cr
0.0171% share
+459.27% YoY
15.63% of Sub-Ch. 7106
Imports
945.13 ₹ Cr
0.0156% share
+8.46% YoY
2.31% of Sub-Ch. 7106
Balance
−1,465.94
Exports
185.12 ₹ Cr
0.0047% share
−70.61% YoY
41.74% of Sub-Ch. 7106
Imports
1,651.06 ₹ Cr
0.0241% share
+74.69% YoY
1.54% of Sub-Ch. 7106
CAGR · 8-Year
Exports
14.14% /yr
Imports
−1.40% /yr
reference, FY 2025-26
Export
₹443.53 Cr
Import
₹1,07,394.01 Cr
Trade Balance
−1,06,950.48
India's exports under HSN Code 71069290 have grown at a compound annual rate of 14.14% over 8 fiscal years, rising from ₹73.33 Crore in FY 2018-19 to ₹185.12 Crore in FY 2025-26.
In FY 2025-26, HSN Code 71069290 ranks #2053 out of 12872 HSN codes by total export value. Within Sub-Chapter 7106, it ranks #2 of 10. By trade surplus, it ranks #12444 of 12872.
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.
In FY 2025-26, India's imports of ₹1,651.06 Cr exceeded exports of ₹185.12 Cr, resulting in a trade deficit of ₹1,465.94 Crore — ranking #12444 of 12872 by surplus magnitude.
India's imports under HSN Code 71069290 have grown at −1.40% CAGR, reaching ₹1,651.06 Crore in FY 2025-26.
Among the 10 HSN codes under Sub-Chapter 7106, HSN Code 71069290 ranks #2 by export value — accounting for 41.74% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.54% share (rank #3).
Clear answers to common queries about HSN Code 71069290 and GST compliance.
It includes Silver Ores
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Semi-Manufactured Silver; Nil for exempt items if applicable).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.