---
title: "HSN Code for Waste and Scrap of Precious Metals | HSN 71090000 GST Rate"
description: "Find HSN and GST Rates for 71090000 related to Waste and Scrap of Precious Metals with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71090000/"
---

# HSN Code 71090000: Waste and Scrap of Precious Metals

- [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 7109: Unprocessed staple fibres](https://busy.in/hsn/sub-chapter-7109/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Base metals or silver, clad with gold, not further worked than semi-manufactured | 1.5% | 1.5% | 3% | 0% |

## Frequently asked questions

### What products are classified under HSN 71090000 ?

It includes Miscellaneous Synthetic Stones

### How should mixed supplies be billed when Waste and Scrap of Precious Metals is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Waste and Scrap of Precious Metals; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Waste and Scrap of Precious Metals?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Does packaging or labelling change the GST for Waste and Scrap of Precious Metals?

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.

### How much GST applies to Waste and Scrap of Precious Metals?

Under HSN 71090000, Waste and Scrap of Precious Metals attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Waste and Scrap of Precious Metals?

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.

### Any common misclassification issue with Waste and Scrap of Precious Metals?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 71090000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−95.58% YoY) — 0.0000% of India's total exports
- Imports: < ₹1 Crore (−14.29% YoY) — 0.0000% of India's total imports
- Trade balance: −< ₹1 Crore (Deficit); surplus rank #7623 of 12657 HSN codes
- Share of Sub-Chapter 7109: 100.00% of its exports; import side 100.00%
- Rank within Sub-Chapter 7109: #1 of 1 by export value; import-side #1

### Key metrics

- Export CAGR: -1.58% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9754 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +1,089.47% in FY 2023-24
- Contribution to Sub-Ch. 7109: 100.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71090000

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. 7109 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7109 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 100.00% | Nil | 0.0000% | — | — | +0.11 | #9141 |
| FY 2019-20 | Nil | 0.0000% | −100.00% | — | < ₹1 Crore | 0.0000% | — | 100.00% | −0.03 | — |
| FY 2020-21 | < ₹1 Crore | 0.0000% | — | 100.00% | < ₹1 Crore | 0.0000% | +466.67% | 100.00% | −0.14 | #9719 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +166.67% | 100.00% | < ₹1 Crore | 0.0000% | −94.12% | 100.00% | +0.07 | #9630 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +137.50% | 100.00% | Nil | 0.0000% | −100.00% | — | +0.19 | #9322 |
| FY 2023-24 | 2.26 | 0.0001% | +1,089.47% | 100.00% | < ₹1 Crore | 0.0000% | — | 100.00% | +1.70 | #7450 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −95.58% | 100.00% | < ₹1 Crore | 0.0000% | −14.29% | 100.00% | −0.38 | #9754 |

- CAGR (7-year): exports -1.58%/yr, imports —/yr (consistently Deficit)

## Key trade insights: HSN Code 71090000 export-import analysis

### Export decline: -1.58% CAGR over 7 years

India's exports under HSN Code 71090000 have declined at a compound annual rate of -1.58% over 7 fiscal years, falling from ₹0.11 Crore in FY 2018-19 to ₹0.10 Crore in FY 2024-25.

### HSN Code 71090000 ranked #9754 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71090000 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 7109, it ranks #1 of 1. By trade surplus, it ranks #7623 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 71090000 exports

The strongest single-year export movement for HSN Code 71090000 was recorded in FY 2023-24, when exports surged by 1,089.47% over the prior year.

### India records a trade deficit of ₹0.38 Crore in HSN Code 71090000 goods

In FY 2024-25, India's imports of ₹0.48 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹0.38 Crore — ranking #7623 of 12657 by surplus magnitude.

### HSN Code 71090000 contributes 100.00% of Sub-Chapter 7109 exports — ranked #1

Among the 1 HSN codes under Sub-Chapter 7109, HSN Code 71090000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

## Related HSN Codes in Sub-Chapter 7109

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 71090000: Waste and Scrap of Precious Metals (this hsn code) | < ₹1 Crore |