HSN Code 71101900 represents Miscellaneous Synthetic Stones under GST classification. This code helps businesses identify Miscellaneous Synthetic Stones correctly for billing, taxation, and trade. With HSN Code 71101900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Miscellaneous Synthetic Stones.
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HSN Code 71101900 relates to the following description.
Description of Goods
Platinum : 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
7110 - Platinum, unwrought or in semi-manufactured form, or in powder form
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Miscellaneous Synthetic Stones does not include products with the following descriptions.
Platinum : Unwrought or in powder form: Unwrought form
Platinum : Unwrought or in powder form: In powder form
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: In powder form
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
India’s Exports
FY 2024-25₹77 Cr
0.0021% of India’s total exports
India’s Imports
FY 2024-25₹21,998 Cr
0.3621% of India’s total imports
Trade Balance
FY 2024-25−₹21,921 Cr
Surplus rank #12631 of 12657 HSN codes
% of Sub-Chapter 7110
FY 2024-2511.95%
Share of Sub-Chapter 7110’s total exports in FY 2024-25
Import side: 47.50% of Sub-Chapter 7110’s imports
Rank Within Sub-Chapter 7110
FY 2024-25#3 of 9
Position by export value among HSN codes in Sub-Chapter 7110
Import-side rank: #2 of 9
At a glance
6.64%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3021
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+78.29%
Peak Growth Year
FY 2023-24 · strongest single-year move
11.95%
Contribution to Sub-Ch. 7110
Share of Sub-Chapter 7110 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
−384.98
Exports
52.24 ₹ Cr
0.0023% share
— YoY
23.77% of Sub-Ch. 7110
Imports
437.22 ₹ Cr
0.0122% share
— YoY
23.85% of Sub-Ch. 7110
Balance
−424.21
Exports
35.00 ₹ Cr
0.0016% share
−33.00% YoY
20.81% of Sub-Ch. 7110
Imports
459.21 ₹ Cr
0.0137% share
+5.03% YoY
17.79% of Sub-Ch. 7110
Balance
−442.10
Exports
24.62 ₹ Cr
0.0011% share
−29.66% YoY
6.96% of Sub-Ch. 7110
Imports
466.72 ₹ Cr
0.0160% share
+1.64% YoY
12.18% of Sub-Ch. 7110
Balance
−756.26
Exports
26.64 ₹ Cr
0.0008% share
+8.20% YoY
5.56% of Sub-Ch. 7110
Imports
782.90 ₹ Cr
0.0171% share
+67.75% YoY
20.84% of Sub-Ch. 7110
Balance
−9,633.59
Exports
40.53 ₹ Cr
0.0011% share
+52.14% YoY
52.65% of Sub-Ch. 7110
Imports
9,674.12 ₹ Cr
0.1683% share
+1,135.68% YoY
78.72% of Sub-Ch. 7110
Balance
−374.92
Exports
72.26 ₹ Cr
0.0020% share
+78.29% YoY
25.76% of Sub-Ch. 7110
Imports
447.18 ₹ Cr
0.0080% share
−95.38% YoY
18.38% of Sub-Ch. 7110
Balance
−21,920.98
Exports
76.83 ₹ Cr
0.0021% share
+6.32% YoY
11.95% of Sub-Ch. 7110
Imports
21,997.81 ₹ Cr
0.3621% share
+4,819.23% YoY
47.50% of Sub-Ch. 7110
CAGR · 7-Year
Exports
6.64% /yr
Imports
92.14% /yr
reference, FY 2024-25
Export
₹642.99 Cr
Import
₹46,307.27 Cr
Trade Balance
−45,664.28
India's exports under HSN Code 71101900 have grown at a compound annual rate of 6.64% over 7 fiscal years, rising from ₹52.24 Crore in FY 2018-19 to ₹76.83 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71101900 ranks #3021 out of 12657 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #3 of 9. By trade surplus, it ranks #12631 of 12657.
The strongest single-year export movement for HSN Code 71101900 was recorded in FY 2023-24, when exports surged by 78.29% over the prior year.
In FY 2024-25, India's imports of ₹21,997.81 Cr exceeded exports of ₹76.83 Cr, resulting in a trade deficit of ₹21,920.98 Crore — ranking #12631 of 12657 by surplus magnitude.
India's imports under HSN Code 71101900 have grown at 92.14% CAGR, reaching ₹21,997.81 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 7110, HSN Code 71101900 ranks #3 by export value — accounting for 11.95% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 47.50% 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 71101900 and GST compliance.
It includes Goldsmiths’ Wares
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Miscellaneous Synthetic Stones; 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.