HSN Code 71081300 represents Other Metal Ores under GST classification. This code helps businesses identify Other Metal Ores correctly for billing, taxation, and trade. With HSN Code 71081300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Metal Ores.
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HSN Code 71081300 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
Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
Non-monetary : Other semi-manufactured forms
1.5%
1.5%
3%
0%
Description of Goods
Non-monetary : Other semi-manufactured forms
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
7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Other Metal Ores does not include products with the following descriptions.
Non-monetary : Powder
Non-monetary : Other unwrought forms
Monetary
India’s Exports
FY 2024-25₹60 Cr
0.0016% of India’s total exports
India’s Imports
FY 2024-25₹2,277 Cr
0.0375% of India’s total imports
Trade Balance
FY 2024-25−₹2,218 Cr
Surplus rank #12439 of 12657 HSN codes
% of Sub-Chapter 7108
FY 2024-250.76%
Share of Sub-Chapter 7108’s total exports in FY 2024-25
Import side: 0.47% of Sub-Chapter 7108’s imports
Rank Within Sub-Chapter 7108
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 7108
Import-side rank: #2 of 4
At a glance
121.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3379
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,02,961.54%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.76%
Contribution to Sub-Ch. 7108
Share of Sub-Chapter 7108 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−738.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.35% of Sub-Ch. 7108
Imports
738.71 ₹ Cr
0.0206% share
— YoY
0.32% of Sub-Ch. 7108
Balance
−560.54
Exports
44.17 ₹ Cr
0.0020% share
+8,734.00% YoY
7.69% of Sub-Ch. 7108
Imports
604.71 ₹ Cr
0.0181% share
−18.14% YoY
0.30% of Sub-Ch. 7108
Balance
−790.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−99.73% YoY
0.01% of Sub-Ch. 7108
Imports
790.26 ₹ Cr
0.0271% share
+30.68% YoY
0.31% of Sub-Ch. 7108
Balance
−4,529.69
Exports
4.01 ₹ Cr
0.0001% share
+3,241.67% YoY
8.64% of Sub-Ch. 7108
Imports
4,533.70 ₹ Cr
0.0992% share
+473.70% YoY
1.32% of Sub-Ch. 7108
Balance
−2,661.31
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−93.52% YoY
0.02% of Sub-Ch. 7108
Imports
2,661.57 ₹ Cr
0.0463% share
−41.29% YoY
0.95% of Sub-Ch. 7108
Balance
−946.46
Exports
267.96 ₹ Cr
0.0074% share
+1,02,961.54% YoY
32.83% of Sub-Ch. 7108
Imports
1,214.42 ₹ Cr
0.0216% share
−54.37% YoY
0.32% of Sub-Ch. 7108
Balance
−2,217.73
Exports
59.52 ₹ Cr
0.0016% share
−77.79% YoY
0.76% of Sub-Ch. 7108
Imports
2,277.25 ₹ Cr
0.0375% share
+87.52% YoY
0.47% of Sub-Ch. 7108
CAGR · 7-Year
Exports
121.79% /yr
Imports
20.64% /yr
reference, FY 2024-25
Export
₹7,854.44 Cr
Import
₹4,89,748.79 Cr
Trade Balance
−4,81,894.35
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.
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.
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.
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.
India's imports under HSN Code 71081300 have grown at 20.64% CAGR, reaching ₹2,277.25 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 71081300 and GST compliance.
It includes Synthetic Precious or Semi-Precious Stones – Diamonds
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.
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).
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.
Under HSN 71081300, Other Metal Ores attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.