--- title: "HSN Code for Other Metal Ores | HSN 71081300 GST Rate" description: "Find HSN and GST Rates for 71081300 related to Other Metal Ores with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71081300/" --- # HSN Code 71081300: Other Metal Ores - [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 7108: Gold in unwrought or semi-forms](https://busy.in/hsn/sub-chapter-7108/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Non-monetary : Other semi-manufactured forms | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71081300 ? It includes Synthetic Precious or Semi-Precious Stones – Diamonds ### Does packaging or labelling change the GST for Other Metal Ores? 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 Metal Ores? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other Metal Ores is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Metal Ores; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other Metal Ores? 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. ### How much GST applies to Other Metal Ores? Under HSN 71081300, Other Metal Ores attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other Metal Ores? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 71081300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹60 Cr (−77.79% YoY) — 0.0016% of India's total exports - Imports: ₹2,277 Cr (+87.52% YoY) — 0.0375% of India's total imports - Trade balance: −₹2,218 Cr (Deficit); surplus rank #12439 of 12657 HSN codes - Share of Sub-Chapter 7108: 0.76% of its exports; import side 0.47% - Rank within Sub-Chapter 7108: #2 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: 121.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3379 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,02,961.54% in FY 2023-24 - Contribution to Sub-Ch. 7108: 0.76% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71081300 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. 7108 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7108 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.35% | 738.71 | 0.0206% | — | 0.32% | −738.21 | #8181 | | FY 2019-20 | 44.17 | 0.0020% | +8,734.00% | 7.69% | 604.71 | 0.0181% | −18.14% | 0.30% | −560.54 | #3067 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −99.73% | 0.01% | 790.26 | 0.0271% | +30.68% | 0.31% | −790.14 | #9138 | | FY 2021-22 | 4.01 | 0.0001% | +3,241.67% | 8.64% | 4,533.70 | 0.0992% | +473.70% | 1.32% | −4,529.69 | #6615 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −93.52% | 0.02% | 2,661.57 | 0.0463% | −41.29% | 0.95% | −2,661.31 | #9123 | | FY 2023-24 | 267.96 | 0.0074% | +1,02,961.54% | 32.83% | 1,214.42 | 0.0216% | −54.37% | 0.32% | −946.46 | #1485 | | FY 2024-25 | 59.52 | 0.0016% | −77.79% | 0.76% | 2,277.25 | 0.0375% | +87.52% | 0.47% | −2,217.73 | #3379 | - CAGR (7-year): exports 121.79%/yr, imports 20.64%/yr (consistently Deficit) ## Key trade insights: HSN Code 71081300 export-import analysis ### Consistent export growth: 121.79% CAGR over 7 years India's exports under HSN Code 71081300 have grown at a compound annual rate of 121.79% over 7 fiscal years, rising from ₹0.50 Crore in FY 2018-19 to ₹59.52 Crore in FY 2024-25. ### HSN Code 71081300 ranked #3379 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71081300 ranks #3379 out of 12657 HSN codes by total export value. Within Sub-Chapter 7108, it ranks #2 of 4. By trade surplus, it ranks #12439 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 71081300 exports The strongest single-year export movement for HSN Code 71081300 was recorded in FY 2023-24, when exports surged by 1,02,961.54% over the prior year. ### India records a trade deficit of ₹2,217.73 Crore in HSN Code 71081300 goods In FY 2024-25, India's imports of ₹2,277.25 Cr exceeded exports of ₹59.52 Cr, resulting in a trade deficit of ₹2,217.73 Crore — ranking #12439 of 12657 by surplus magnitude. ### Import growth of 20.64% CAGR signals rising demand for Other Metal Ores India's imports under HSN Code 71081300 have grown at 20.64% CAGR, reaching ₹2,277.25 Crore in FY 2024-25. ### HSN Code 71081300 contributes 0.76% of Sub-Chapter 7108 exports — ranked #2 Among the 4 HSN codes under Sub-Chapter 7108, HSN Code 71081300 ranks #2 by export value — accounting for 0.76% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.47% share (rank #2). ## Related HSN Codes in Sub-Chapter 7108 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71081200: Silver Ores](https://busy.in/hsn/hsn-71081200/) | ₹7,795 Cr | | #2 | HSN Code 71081300: Other Metal Ores (this hsn code) | ₹60 Cr | | — | [HSN Code 71081100: Gold Ores](https://busy.in/hsn/hsn-71081100/) | Nil | | — | [HSN Code 71082000: Concentrates of Precious Metals](https://busy.in/hsn/hsn-71082000/) | Nil |