--- title: "HSN Code for Miscellaneous Jewellery Parts | HSN 71129990 GST Rate" description: "Find HSN and GST Rates for 71129990 related to Miscellaneous Jewellery Parts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71129990/" --- # HSN Code 71129990: Miscellaneous Jewellery Parts - [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 7112: Precious metal scrap for recovery](https://busy.in/hsn/sub-chapter-7112/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other : Other | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71129990 ? It includes Treated or Enhanced Diamonds ### How should mixed supplies be billed when Miscellaneous Jewellery Parts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Miscellaneous Jewellery Parts; Nil for exempt items if applicable). ### Any common misclassification issue with Miscellaneous Jewellery Parts? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Miscellaneous Jewellery Parts? 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. ### Can we claim ITC on inputs used to trade Miscellaneous Jewellery Parts? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Miscellaneous Jewellery Parts? 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. ## India's trade performance: HSN Code 71129990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹853 Cr (+15.15% YoY) — 0.0232% of India's total exports - Imports: ₹484 Cr (+227.57% YoY) — 0.0080% of India's total imports - Trade balance: ₹369 Cr (Surplus); surplus rank #795 of 12657 HSN codes - Share of Sub-Chapter 7112: 85.36% of its exports; import side 100.00% - Rank within Sub-Chapter 7112: #1 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: 6.13% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #607 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +205.04% in FY 2020-21 - Contribution to Sub-Ch. 7112: 85.36% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71129990 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. 7112 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7112 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 597.00 | 0.0261% | — | 81.80% | 9.84 | 0.0003% | — | 10.92% | +587.16 | #547 | | FY 2019-20 | 358.86 | 0.0163% | −39.89% | 79.75% | < ₹1 Crore | 0.0000% | −91.36% | 1.76% | +358.01 | #856 | | FY 2020-21 | 1,094.68 | 0.0509% | +205.04% | 81.86% | 518.11 | 0.0178% | +60,854.12% | 98.36% | +576.57 | #323 | | FY 2021-22 | 963.69 | 0.0307% | −11.97% | 75.80% | 272.12 | 0.0060% | −47.48% | 99.90% | +691.57 | #477 | | FY 2022-23 | 915.45 | 0.0253% | −5.01% | 78.45% | 1,018.69 | 0.0177% | +274.35% | 99.98% | −103.24 | #549 | | FY 2023-24 | 741.02 | 0.0205% | −19.05% | 82.48% | 147.85 | 0.0026% | −85.49% | 99.95% | +593.17 | #669 | | FY 2024-25 | 853.30 | 0.0232% | +15.15% | 85.36% | 484.31 | 0.0080% | +227.57% | 100.00% | +368.99 | #607 | - CAGR (7-year): exports 6.13%/yr, imports 91.44%/yr (consistently Surplus) ## Key trade insights: HSN Code 71129990 export-import analysis ### Consistent export growth: 6.13% CAGR over 7 years India's exports under HSN Code 71129990 have grown at a compound annual rate of 6.13% over 7 fiscal years, rising from ₹597.00 Crore in FY 2018-19 to ₹853.30 Crore in FY 2024-25. ### HSN Code 71129990 ranked #607 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71129990 ranks #607 out of 12657 HSN codes by total export value. Within Sub-Chapter 7112, it ranks #1 of 6. By trade surplus, it ranks #795 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 71129990 exports The strongest single-year export movement for HSN Code 71129990 was recorded in FY 2020-21, when exports surged by 205.04% over the prior year. ### India maintains a trade surplus of ₹368.99 Crore in HSN Code 71129990 goods In FY 2024-25, India's exports of ₹853.30 Cr exceeded imports of ₹484.31 Cr, resulting in a trade surplus of ₹368.99 Crore — ranking #795 of 12657 by surplus magnitude. ### Import growth of 91.44% CAGR signals rising demand for Miscellaneous Jewellery Parts India's imports under HSN Code 71129990 have grown at 91.44% CAGR, reaching ₹484.31 Crore in FY 2024-25. ### HSN Code 71129990 contributes 85.36% of Sub-Chapter 7112 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 7112, HSN Code 71129990 ranks #1 by export value — accounting for 85.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 7112 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 71129990: Miscellaneous Jewellery Parts (this hsn code) | ₹853 Cr | | #2 | [HSN Code 71123000: Articles of Natural or Cultured Pearls](https://busy.in/hsn/hsn-71123000/) | ₹84 Cr | | #3 | [HSN Code 71129910: Other Precious Metal Jewellery Components](https://busy.in/hsn/hsn-71129910/) | ₹34 Cr | | #4 | [HSN Code 71129200: Base Metal Parts for Jewellery](https://busy.in/hsn/hsn-71129200/) | ₹28 Cr | | #5 | [HSN Code 71129100: Precious Metal Parts for Jewellery](https://busy.in/hsn/hsn-71129100/) | < ₹1 Crore | | — | [HSN Code 71129920: Other Base Metal Jewellery Components](https://busy.in/hsn/hsn-71129920/) | Nil |