HSN Code 71102100 represents Reconstructed Precious Stones under GST classification. This code helps businesses identify Reconstructed Precious Stones correctly for billing, taxation, and trade. With HSN Code 71102100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Reconstructed Precious Stones.
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HSN Code 71102100 relates to the following description.
Description of Goods
Palladium: Unwrought or in powder form
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%
Reconstructed Precious 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
Platinum : Other
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
Platinum : Other
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₹51 Cr
0.0014% of India’s total exports
India’s Imports
FY 2024-25₹764 Cr
0.0126% of India’s total imports
Trade Balance
FY 2024-25−₹714 Cr
Surplus rank #12082 of 12657 HSN codes
% of Sub-Chapter 7110
FY 2024-257.90%
Share of Sub-Chapter 7110’s total exports in FY 2024-25
Import side: 1.65% of Sub-Chapter 7110’s imports
Rank Within Sub-Chapter 7110
FY 2024-25#4 of 9
Position by export value among HSN codes in Sub-Chapter 7110
Import-side rank: #3 of 9
At a glance
−7.83%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3611
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+3,42,400.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
7.90%
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
−191.80
Exports
82.82 ₹ Cr
0.0036% share
— YoY
37.69% of Sub-Ch. 7110
Imports
274.62 ₹ Cr
0.0077% share
— YoY
14.98% of Sub-Ch. 7110
Balance
−338.21
Exports
48.30 ₹ Cr
0.0022% share
−41.68% YoY
28.72% of Sub-Ch. 7110
Imports
386.51 ₹ Cr
0.0115% share
+40.74% YoY
14.98% of Sub-Ch. 7110
Balance
−389.57
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−99.98% YoY
0.00% of Sub-Ch. 7110
Imports
389.58 ₹ Cr
0.0134% share
+0.79% YoY
10.16% of Sub-Ch. 7110
Balance
−303.78
Exports
34.25 ₹ Cr
0.0011% share
+3,42,400.00% YoY
7.14% of Sub-Ch. 7110
Imports
338.03 ₹ Cr
0.0074% share
−13.23% YoY
9.00% of Sub-Ch. 7110
Balance
−258.50
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7110
Imports
258.50 ₹ Cr
0.0045% share
−23.53% YoY
2.10% of Sub-Ch. 7110
Balance
−405.50
Exports
76.12 ₹ Cr
0.0021% share
— YoY
27.14% of Sub-Ch. 7110
Imports
481.62 ₹ Cr
0.0086% share
+86.31% YoY
19.80% of Sub-Ch. 7110
Balance
−713.71
Exports
50.78 ₹ Cr
0.0014% share
−33.29% YoY
7.90% of Sub-Ch. 7110
Imports
764.49 ₹ Cr
0.0126% share
+58.73% YoY
1.65% of Sub-Ch. 7110
CAGR · 7-Year
Exports
−7.83% /yr
Imports
18.61% /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 71102100 have declined at a compound annual rate of −7.83% over 7 fiscal years, falling from ₹82.82 Crore in FY 2018-19 to ₹50.78 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71102100 ranks #3611 out of 12657 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #4 of 9. By trade surplus, it ranks #12082 of 12657.
The strongest single-year export movement for HSN Code 71102100 was recorded in FY 2021-22, when exports surged by 3,42,400.00% over the prior year.
In FY 2024-25, India's imports of ₹764.49 Cr exceeded exports of ₹50.78 Cr, resulting in a trade deficit of ₹713.71 Crore — ranking #12082 of 12657 by surplus magnitude.
India's imports under HSN Code 71102100 have grown at 18.61% CAGR, reaching ₹764.49 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 7110, HSN Code 71102100 ranks #4 by export value — accounting for 7.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.65% share (rank #3).
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Clear answers to common queries about HSN Code 71102100 and GST compliance.
It includes Silversmiths’ Wares
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 Reconstructed Precious Stones; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 71102100, Reconstructed Precious Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice.