HSN Code 71104900: Precious Metal Jewellery and Other Articles

HSN Code 71104900 represents Precious Metal Jewellery and Other Articles under GST classification. This code helps businesses identify Precious Metal Jewellery and Other Articles correctly for billing, taxation, and trade. With HSN Code 71104900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Precious Metal Jewellery and Other Articles.

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Description of Goods for HSN Code 71104900

HSN Code 71104900 relates to the following description.

Description of Goods

Iridium, osmium and ruthenium : 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%

What does HSN Code 71104900 not include?

Precious Metal Jewellery and Other Articles does not include products with the following descriptions.

India’s Trade Performance — HSN Code 71104900 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

−71.58% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

−30.18% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹12 Cr

Trade Deficit

Surplus rank #9196 of 12657 HSN codes

% of Sub-Chapter 7110

FY 2024-25

0.16%

Share of Sub-Chapter 7110’s total exports in FY 2024-25

Import side: 0.03% of Sub-Chapter 7110’s imports

Rank Within Sub-Chapter 7110

FY 2024-25

#8 of 9

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

Import-side rank: #8 of 9

At a glance

#8201

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+6,600.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.16%

Contribution to Sub-Ch. 7110

Share of Sub-Chapter 7110 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 71104900

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

FY 2018-19

Balance

−21.26

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7110

Imports

21.26 ₹ Cr

0.0006% share

YoY

1.16% of Sub-Ch. 7110

FY 2019-20 Exp. Rank #9335

Balance

−8.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 7110

Imports

8.66 ₹ Cr

0.0003% share

−59.27% YoY

0.34% of Sub-Ch. 7110

FY 2020-21 Exp. Rank #9985

Balance

−8.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.71% YoY

0.00% of Sub-Ch. 7110

Imports

8.76 ₹ Cr

0.0003% share

+1.15% YoY

0.23% of Sub-Ch. 7110

FY 2021-22 Exp. Rank #9874

Balance

−30.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.01% of Sub-Ch. 7110

Imports

30.74 ₹ Cr

0.0007% share

+250.91% YoY

0.82% of Sub-Ch. 7110

FY 2022-23 Exp. Rank #7119

Balance

−30.56

Exports

2.68 ₹ Cr

0.0001% share

+6,600.00% YoY

3.48% of Sub-Ch. 7110

Imports

33.24 ₹ Cr

0.0006% share

+8.13% YoY

0.27% of Sub-Ch. 7110

FY 2023-24 Exp. Rank #6909

Balance

−15.09

Exports

3.73 ₹ Cr

0.0001% share

+39.18% YoY

1.33% of Sub-Ch. 7110

Imports

18.82 ₹ Cr

0.0003% share

−43.38% YoY

0.77% of Sub-Ch. 7110

FY 2024-25 Exp. Rank #8201

Balance

−12.08

Exports

1.06 ₹ Cr

0.0000% share

−71.58% YoY

0.16% of Sub-Ch. 7110

Imports

13.14 ₹ Cr

0.0002% share

−30.18% YoY

0.03% of Sub-Ch. 7110

CAGR · 7-Year

Exports

Imports

−7.71% /yr

Consistently Deficit
Sub-Chapter 7110 total

reference, FY 2024-25

Export

₹642.99 Cr

Import

₹46,307.27 Cr

Trade Balance

−45,664.28

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

Key Trade Insights: HSN Code 71104900 Export-Import Analysis

Export Snapshot for HSN Code 71104900

India exported ₹1.06 Crore worth of Precious Metal Jewellery and Other Articles in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 71104900 Ranked #8201 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71104900 ranks #8201 out of 12657 HSN codes by total export value. Within Sub-Chapter 7110, it ranks #8 of 9. By trade surplus, it ranks #9196 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 71104900 Exports

The strongest single-year export movement for HSN Code 71104900 was recorded in FY 2022-23, when exports surged by 6,600.00% over the prior year.

India Records a Trade Deficit of ₹12.08 Crore in HSN Code 71104900 Goods

In FY 2024-25, India's imports of ₹13.14 Cr exceeded exports of ₹1.06 Cr, resulting in a trade deficit of ₹12.08 Crore — ranking #9196 of 12657 by surplus magnitude.

Import Growth of −7.71% CAGR Signals Stable Import Dependency for Precious Metal Jewellery and Other Articles

India's imports under HSN Code 71104900 have grown at −7.71% CAGR, reaching ₹13.14 Crore in FY 2024-25.

HSN Code 71104900 Contributes 0.16% of Sub-Chapter 7110 Exports — Ranked #8

Among the 9 HSN codes under Sub-Chapter 7110, HSN Code 71104900 ranks #8 by export value — accounting for 0.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71104900 and GST compliance.

What products are classified under HSN 71104900 ?

It includes Precious Metal Parts for Jewellery

How much GST applies to Precious Metal Jewellery and Other Articles?

Under HSN 71104900, Precious Metal Jewellery and Other Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Precious Metal Jewellery and Other Articles?

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 Precious Metal Jewellery and Other Articles?

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.

Does packaging or labelling change the GST for Precious Metal Jewellery and Other Articles?

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.

How should mixed supplies be billed when Precious Metal Jewellery and Other Articles is sold with other items?

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

Can we claim ITC on inputs used to trade Precious Metal Jewellery and Other Articles?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.