HSN Code 71101111 represents Unwrought Platinum (99.0% or More Platinum) under GST classification. This code helps businesses identify Unwrought Platinum (99.0% or More Platinum) correctly for billing, taxation, and trade. With HSN Code 71101111, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unwrought Platinum (99.0% or More Platinum).
Manage correct HSN codes and GST rates with BUSY.
HSN Code 71101111 relates to the following description.
New tariff item from 1 May 2025 (Finance Act, 2025), carved out of 71101110. Goods of this item were classified there before that date.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Platinum, unwrought or in semi-manufactured form, or in powder form
Platinum : Unwrought or in powder form: Unwrought form : Containing 99.0 per cent. or more by weight of platinum
1.5%
1.5%
3%
0%
Description of Goods
Platinum : Unwrought or in powder form: Unwrought form : Containing 99.0 per cent. or more by weight of platinum
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
7110 - Platinum, unwrought or in semi-manufactured form, or in powder form
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Unwrought Platinum (99.0% or More Platinum) does not include products with the following descriptions.
Platinum : Unwrought or in powder form: Unwrought form
Platinum : Unwrought or in powder form: Unwrought form : Other unwrought platinum, containing less than 99.0 per cent. by weight of platinum
Platinum : Unwrought or in powder form: In powder form
Platinum : Unwrought or in powder form: In powder form : Containing 99.0 per cent. or more by weight of platinum
Platinum : Unwrought or in powder form: In powder form : Other platinum in powder form, containing less than 99.0 per cent. by weight of platinum
Platinum : Other
Platinum : Other : Containing 99.0 per cent. or more by weight of platinum
Platinum : Other : Other platinum (semi-manufactured), containing less than 99.0 per cent. by weight of platinum
Palladium: Unwrought or in powder form
Palladium: Other
Rhodium : Unwrought or in powder from
Rhodium : Other
Iridium, osmium and ruthenium : Unwrought or in powder from
Iridium, osmium and ruthenium : Other
Platinum : Unwrought or in powder form: Unwrought form
Platinum : Unwrought or in powder form: Unwrought form : Other unwrought platinum, containing less than 99.0 per cent. by weight of platinum
Platinum : Unwrought or in powder form: In powder form
Platinum : Unwrought or in powder form: In powder form : Containing 99.0 per cent. or more by weight of platinum
Platinum : Unwrought or in powder form: In powder form : Other platinum in powder form, containing less than 99.0 per cent. by weight of platinum
Platinum : Other
Platinum : Other : Containing 99.0 per cent. or more by weight of platinum
Platinum : Other : Other platinum (semi-manufactured), containing less than 99.0 per cent. by weight of platinum
Palladium: Unwrought or in powder form
Palladium: Other
Rhodium : Unwrought or in powder from
Rhodium : Other
Iridium, osmium and ruthenium : Unwrought or in powder from
Iridium, osmium and ruthenium : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹264 Cr
0.0068% of India’s total exports
India’s Imports
FY 2025-26₹610 Cr
0.0089% of India’s total imports
Trade Balance
FY 2025-26−₹345 Cr
Surplus rank #11768 of 12872 HSN codes
% of Sub-Chapter 7110
FY 2025-2637.75%
Share of Sub-Chapter 7110’s total exports in FY 2025-26
Import side: 16.67% of Sub-Chapter 7110’s imports
Rank Within Sub-Chapter 7110
FY 2025-26#1 of 15
Position by export value among HSN codes in Sub-Chapter 7110
Import-side rank: #3 of 15
At a glance
#1659
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
37.75%
Contribution to Sub-Ch. 7110
Share of Sub-Chapter 7110 exports in FY 2025-26
1-year export and import data, FY 2025-26 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−345.18
Exports
264.47 ₹ Cr
0.0068% share
— YoY
37.75% of Sub-Ch. 7110
Imports
609.65 ₹ Cr
0.0089% share
— YoY
16.67% of Sub-Ch. 7110
reference, FY 2025-26
Export
₹700.65 Cr
Import
₹3,657.13 Cr
Trade Balance
−2,956.48
India exported ₹264.47 Crore worth of Unwrought Platinum (99.0% or More Platinum) in FY 2025-26. Multi-year trend data is being compiled for this hsn code.
In FY 2025-26, HSN Code 71101111 ranks #1659 out of 12872 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #1 of 15. By trade surplus, it ranks #11768 of 12872.
In FY 2025-26, India's imports of ₹609.65 Cr exceeded exports of ₹264.47 Cr, resulting in a trade deficit of ₹345.18 Crore — ranking #11768 of 12872 by surplus magnitude.
Among the 15 HSN codes under Sub-Chapter 7110, HSN Code 71101111 ranks #1 by export value — accounting for 37.75% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 16.67% share (rank #3).