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HSN Code 71101990: Other Semi-Manufactured Platinum (Below 99.0% Purity)

HSN Code 71101990 represents Other Semi-Manufactured Platinum (Below 99.0% Purity) under GST classification. This code helps businesses identify Other Semi-Manufactured Platinum (Below 99.0% Purity) correctly for billing, taxation, and trade. With HSN Code 71101990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Semi-Manufactured Platinum (Below 99.0% Purity).

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Description of Goods for HSN Code 71101990

HSN Code 71101990 relates to the following description.

New tariff item from 1 May 2025 (Finance Act, 2025), carved out of 71101900. Goods of this item were classified there before that date.

Description of Goods

Platinum : Other : Other platinum (semi-manufactured), containing less than 99.0 per cent. 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%

What does HSN Code 71101990 not include?

Other Semi-Manufactured Platinum (Below 99.0% Purity) does not include products with the following descriptions.

Platinum : Unwrought or in powder form: Unwrought form : Containing 99.0 per cent. or more by weight of platinum

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 : 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

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India’s Trade Performance — HSN Code 71101990 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2025-26–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹50 Cr

First year of recorded data

0.0013% of India’s total exports

India’s Imports

FY 2025-26

₹150 Cr

First year of recorded data

0.0022% of India’s total imports

Trade Balance

FY 2025-26

−₹99 Cr

Trade Deficit

Surplus rank #10848 of 12872 HSN codes

% of Sub-Chapter 7110

FY 2025-26

7.18%

Share of Sub-Chapter 7110’s total exports in FY 2025-26

Import side: 4.09% of Sub-Chapter 7110’s imports

Rank Within Sub-Chapter 7110

FY 2025-26

#5 of 15

Position by export value among HSN codes in Sub-Chapter 7110

Import-side rank: #5 of 15

At a glance

#3786

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

7.18%

Contribution to Sub-Ch. 7110

Share of Sub-Chapter 7110 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 71101990

1-year export and import data, FY 2025-26 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2025-26 Exp. Rank #3786

Balance

−99.28

Exports

50.29 ₹ Cr

0.0013% share

— YoY

7.18% of Sub-Ch. 7110

Imports

149.57 ₹ Cr

0.0022% share

— YoY

4.09% of Sub-Ch. 7110

Sub-Chapter 7110 total

reference, FY 2025-26

Export

₹700.65 Cr

Import

₹3,657.13 Cr

Trade Balance

−2,956.48

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 71101990 Export-Import Analysis

Export Snapshot for HSN Code 71101990

India exported ₹50.29 Crore worth of Other Semi-Manufactured Platinum (Below 99.0% Purity) in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 71101990 Ranked #3786 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 71101990 ranks #3786 out of 12872 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #5 of 15. By trade surplus, it ranks #10848 of 12872.

India Records a Trade Deficit of ₹99.28 Crore in HSN Code 71101990 Goods

In FY 2025-26, India's imports of ₹149.57 Cr exceeded exports of ₹50.29 Cr, resulting in a trade deficit of ₹99.28 Crore — ranking #10848 of 12872 by surplus magnitude.

HSN Code 71101990 Contributes 7.18% of Sub-Chapter 7110 Exports — Ranked #5

Among the 15 HSN codes under Sub-Chapter 7110, HSN Code 71101990 ranks #5 by export value — accounting for 7.18% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 4.09% share (rank #5).

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Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.