HSN Code 71102900 represents Other Reconstructed Stones under GST classification. This code helps businesses identify Other Reconstructed Stones correctly for billing, taxation, and trade. With HSN Code 71102900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Reconstructed Stones.
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HSN Code 71102900 relates to the following description.
Description of Goods
Palladium: 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%
Other Reconstructed 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: Unwrought or in powder form
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: Unwrought or in powder form
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₹18 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹62 Cr
0.0010% of India’s total imports
Trade Balance
FY 2024-25−₹44 Cr
Surplus rank #10139 of 12657 HSN codes
% of Sub-Chapter 7110
FY 2024-252.79%
Share of Sub-Chapter 7110’s total exports in FY 2024-25
Import side: 0.13% of Sub-Chapter 7110’s imports
Rank Within Sub-Chapter 7110
FY 2024-25#5 of 9
Position by export value among HSN codes in Sub-Chapter 7110
Import-side rank: #6 of 9
At a glance
−18.52%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5018
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+15.05%
Peak Growth Year
FY 2021-22 · strongest single-year move
2.79%
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
−256.36
Exports
61.36 ₹ Cr
0.0027% share
— YoY
27.92% of Sub-Ch. 7110
Imports
317.72 ₹ Cr
0.0089% share
— YoY
17.33% of Sub-Ch. 7110
Balance
−755.72
Exports
56.81 ₹ Cr
0.0026% share
−7.42% YoY
33.78% of Sub-Ch. 7110
Imports
812.53 ₹ Cr
0.0243% share
+155.74% YoY
31.48% of Sub-Ch. 7110
Balance
−1,666.47
Exports
21.73 ₹ Cr
0.0010% share
−61.75% YoY
6.15% of Sub-Ch. 7110
Imports
1,688.20 ₹ Cr
0.0579% share
+107.77% YoY
44.04% of Sub-Ch. 7110
Balance
−1,025.50
Exports
25.00 ₹ Cr
0.0008% share
+15.05% YoY
5.21% of Sub-Ch. 7110
Imports
1,050.50 ₹ Cr
0.0230% share
−37.77% YoY
27.97% of Sub-Ch. 7110
Balance
−1,497.98
Exports
28.48 ₹ Cr
0.0008% share
+13.92% YoY
37.00% of Sub-Ch. 7110
Imports
1,526.46 ₹ Cr
0.0266% share
+45.31% YoY
12.42% of Sub-Ch. 7110
Balance
−863.35
Exports
21.48 ₹ Cr
0.0006% share
−24.58% YoY
7.66% of Sub-Ch. 7110
Imports
884.83 ₹ Cr
0.0158% share
−42.03% YoY
36.37% of Sub-Ch. 7110
Balance
−43.57
Exports
17.95 ₹ Cr
0.0005% share
−16.43% YoY
2.79% of Sub-Ch. 7110
Imports
61.52 ₹ Cr
0.0010% share
−93.05% YoY
0.13% of Sub-Ch. 7110
CAGR · 7-Year
Exports
−18.52% /yr
Imports
−23.94% /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 71102900 have declined at a compound annual rate of −18.52% over 7 fiscal years, falling from ₹61.36 Crore in FY 2018-19 to ₹17.95 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71102900 ranks #5018 out of 12657 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #5 of 9. By trade surplus, it ranks #10139 of 12657.
The strongest single-year export movement for HSN Code 71102900 was recorded in FY 2021-22, when exports surged by 15.05% over the prior year.
In FY 2024-25, India's imports of ₹61.52 Cr exceeded exports of ₹17.95 Cr, resulting in a trade deficit of ₹43.57 Crore — ranking #10139 of 12657 by surplus magnitude.
India's imports under HSN Code 71102900 have grown at −23.94% CAGR, reaching ₹61.52 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 7110, HSN Code 71102900 ranks #5 by export value — accounting for 2.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #6).
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 71102900 and GST compliance.
It includes Platinum or Other Precious Metal Wares
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.
Under HSN 71102900, Other Reconstructed Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Reconstructed Stones; Nil for exempt items if applicable).
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.