---
title: "HSN Code for Platinum or Other Precious Metal Wares | HSN 71104100 GST Rate"
description: "Find HSN and GST Rates for 71104100 related to Platinum or Other Precious Metal Wares with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71104100/"
---

# HSN Code 71104100: Platinum or Other Precious Metal Wares

- [Section 14: Guide to HSN Section 14](https://busy.in/hsn/section-14/)
- [Chapter 71: Natural Pearls & Metals](https://busy.in/hsn/chapter-71/)
- [Sub-chapter 7110: Unwrought platinum](https://busy.in/hsn/sub-chapter-7110/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Iridium, osmium and ruthenium : Unwrought or in powder from | 1.5% | 1.5% | 3% | 0% |

## Frequently asked questions

### What products are classified under HSN 71104100 ?

It includes Articles of Natural or Cultured Pearls

### How much GST applies to Platinum or Other Precious Metal Wares?

Under HSN 71104100, Platinum or Other Precious Metal Wares attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Platinum or Other Precious Metal Wares?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for 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.

### How should mixed supplies be billed when Platinum or Other Precious Metal Wares is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Platinum or Other Precious Metal Wares; Nil for exempt items if applicable).

### Does packaging or labelling change the GST for Platinum or Other Precious Metal 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.

## India's trade performance: HSN Code 71104100 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹2 Cr (−86.94% YoY) — 0.0000% of India's total exports
- Imports: ₹43 Cr (−18.88% YoY) — 0.0007% of India's total imports
- Trade balance: −₹41 Cr (Deficit); surplus rank #10094 of 12657 HSN codes
- Share of Sub-Chapter 7110: 0.28% of its exports; import side 0.09%
- Rank within Sub-Chapter 7110: #7 of 9 by export value; import-side #7

### Key metrics

- National export rank: #7712 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +12,700.00% in FY 2021-22
- Contribution to Sub-Ch. 7110: 0.28% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71104100

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7110 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7110 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | 13.27 | 0.0004% | — | 0.72% | −13.27 | — |
| FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.15% | 21.78 | 0.0007% | +64.13% | 0.84% | −21.53 | #8687 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −96.00% | 0.00% | 52.37 | 0.0018% | +140.45% | 1.37% | −52.36 | #9985 |
| FY 2021-22 | 1.28 | 0.0000% | +12,700.00% | 0.27% | 49.40 | 0.0011% | −5.67% | 1.32% | −48.12 | #7767 |
| FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 37.36 | 0.0006% | −24.37% | 0.30% | −37.36 | — |
| FY 2023-24 | 13.55 | 0.0004% | — | 4.83% | 52.90 | 0.0009% | +41.60% | 2.17% | −39.35 | #5311 |
| FY 2024-25 | 1.77 | 0.0000% | −86.94% | 0.28% | 42.91 | 0.0007% | −18.88% | 0.09% | −41.14 | #7712 |

- CAGR (7-year): exports —/yr, imports 21.60%/yr (consistently Deficit)

## Key trade insights: HSN Code 71104100 export-import analysis

### Export snapshot for HSN Code 71104100

India exported ₹1.77 Crore worth of Platinum or Other Precious Metal Wares in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### HSN Code 71104100 ranked #7712 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71104100 ranks #7712 out of 12657 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #7 of 9. By trade surplus, it ranks #10094 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 71104100 exports

The strongest single-year export movement for HSN Code 71104100 was recorded in FY 2021-22, when exports surged by 12,700.00% over the prior year.

### India records a trade deficit of ₹41.14 Crore in HSN Code 71104100 goods

In FY 2024-25, India's imports of ₹42.91 Cr exceeded exports of ₹1.77 Cr, resulting in a trade deficit of ₹41.14 Crore — ranking #10094 of 12657 by surplus magnitude.

### Import growth of 21.60% CAGR signals rising demand for Platinum or Other Precious Metal Wares

India's imports under HSN Code 71104100 have grown at 21.60% CAGR, reaching ₹42.91 Crore in FY 2024-25.

### HSN Code 71104100 contributes 0.28% of Sub-Chapter 7110 exports — ranked #7

Among the 9 HSN codes under Sub-Chapter 7110, HSN Code 71104100 ranks #7 by export value — accounting for 0.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #7).

## Related HSN Codes in Sub-Chapter 7110

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 71103100: Goldsmiths’ Wares](https://busy.in/hsn/hsn-71103100/) | ₹338 Cr |
| #2 | [HSN Code 71101110: Synthetic Precious or Semi-Precious Stones – Diamonds](https://busy.in/hsn/hsn-71101110/) | ₹145 Cr |
| #3 | [HSN Code 71101900: Miscellaneous Synthetic Stones](https://busy.in/hsn/hsn-71101900/) | ₹77 Cr |
| #4 | [HSN Code 71102100: Reconstructed Precious Stones](https://busy.in/hsn/hsn-71102100/) | ₹51 Cr |
| #5 | [HSN Code 71102900: Other Reconstructed Stones](https://busy.in/hsn/hsn-71102900/) | ₹18 Cr |
| #6 | [HSN Code 71103900: Silversmiths’ Wares](https://busy.in/hsn/hsn-71103900/) | ₹11 Cr |
| #7 | HSN Code 71104100: Platinum or Other Precious Metal Wares (this hsn code) | ₹2 Cr |
| #8 | [HSN Code 71104900: Precious Metal Jewellery and Other Articles](https://busy.in/hsn/hsn-71104900/) | ₹1 Cr |
| #9 | [HSN Code 71101120: Synthetic Precious Stones of Other Types](https://busy.in/hsn/hsn-71101120/) | < ₹1 Crore |