HSN Code 71104100 represents Platinum or Other Precious Metal Wares under GST classification. This code helps businesses identify Platinum or Other Precious Metal Wares correctly for billing, taxation, and trade. With HSN Code 71104100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Platinum or Other Precious Metal Wares.
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HSN Code 71104100 relates to the following description.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Platinum, unwrought or in semi-manufactured form, or in powder form
Iridium, osmium and ruthenium : Unwrought or in powder from
1.5%
1.5%
3%
0%
Description of Goods
Iridium, osmium and ruthenium : Unwrought or in powder from
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%
Platinum or Other Precious Metal Wares 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
Palladium: Other
Rhodium : Unwrought or in powder from
Rhodium : Other
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
Palladium: Other
Rhodium : Unwrought or in powder from
Rhodium : Other
Iridium, osmium and ruthenium : Other
India’s Exports
FY 2024-25₹2 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹43 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25−₹41 Cr
Surplus rank #10094 of 12657 HSN codes
% of Sub-Chapter 7110
FY 2024-250.28%
Share of Sub-Chapter 7110’s total exports in FY 2024-25
Import side: 0.09% of Sub-Chapter 7110’s imports
Rank Within Sub-Chapter 7110
FY 2024-25#7 of 9
Position by export value among HSN codes in Sub-Chapter 7110
Import-side rank: #7 of 9
At a glance
#7712
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+12,700.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.28%
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
−13.27
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7110
Imports
13.27 ₹ Cr
0.0004% share
— YoY
0.72% of Sub-Ch. 7110
Balance
−21.53
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.15% of Sub-Ch. 7110
Imports
21.78 ₹ Cr
0.0007% share
+64.13% YoY
0.84% of Sub-Ch. 7110
Balance
−52.36
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−96.00% YoY
0.00% of Sub-Ch. 7110
Imports
52.37 ₹ Cr
0.0018% share
+140.45% YoY
1.37% of Sub-Ch. 7110
Balance
−48.12
Exports
1.28 ₹ Cr
0.0000% share
+12,700.00% YoY
0.27% of Sub-Ch. 7110
Imports
49.40 ₹ Cr
0.0011% share
−5.67% YoY
1.32% of Sub-Ch. 7110
Balance
−37.36
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7110
Imports
37.36 ₹ Cr
0.0006% share
−24.37% YoY
0.30% of Sub-Ch. 7110
Balance
−39.35
Exports
13.55 ₹ Cr
0.0004% share
— YoY
4.83% of Sub-Ch. 7110
Imports
52.90 ₹ Cr
0.0009% share
+41.60% YoY
2.17% of Sub-Ch. 7110
Balance
−41.14
Exports
1.77 ₹ Cr
0.0000% share
−86.94% YoY
0.28% of Sub-Ch. 7110
Imports
42.91 ₹ Cr
0.0007% share
−18.88% YoY
0.09% of Sub-Ch. 7110
CAGR · 7-Year
Exports
—
Imports
21.60% /yr
reference, FY 2024-25
Export
₹642.99 Cr
Import
₹46,307.27 Cr
Trade Balance
−45,664.28
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.
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.
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.
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.
India's imports under HSN Code 71104100 have grown at 21.60% CAGR, reaching ₹42.91 Crore in FY 2024-25.
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).
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 71104100 and GST compliance.
It includes Articles of Natural or Cultured Pearls
Under HSN 71104100, Platinum or Other Precious Metal Wares 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.
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.
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).
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.