--- title: "HSN Code for Studded with diamonds of heading 7102 | HSN 71131142 GST Rate" description: "Find HSN and GST Rates for 71131142 related to Studded with diamonds of heading 7102 with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71131142/" --- # HSN Code 71131142: Studded with diamonds of heading 7102 - [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 7113: Jewellery & parts of precious metals](https://busy.in/hsn/sub-chapter-7113/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Studded with pearls | 3% | 3% | 6% | 0% | ## Frequently asked questions ### What products are classified under HSN 71131142 ? It includes Electrolytically Zinc Coated Alloy Steel (<600mm) ### How much GST applies to Studded with diamonds of heading 7102? Under HSN 71131142, Studded with diamonds of heading 7102 attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Studded with diamonds of heading 7102 is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Studded with diamonds of heading 7102; Nil for exempt items if applicable). ### Any common misclassification issue with Studded with diamonds of heading 7102? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Studded with diamonds of heading 7102? 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 Studded with diamonds of heading 7102? 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 71131142 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹27 Cr (−50.96% YoY) — 0.0007% of India's total exports - Imports: ₹3 Cr (+323.08% YoY) — 0.0001% of India's total imports - Trade balance: ₹23 Cr (Surplus); surplus rank #2718 of 12657 HSN codes - Share of Sub-Chapter 7113: 0.02% of its exports; import side 0.02% - Rank within Sub-Chapter 7113: #19 of 30 by export value; import-side #20 ### Key metrics - National export rank: #4494 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −50.96% in FY 2024-25 - Contribution to Sub-Ch. 7113: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71131142 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. 7113 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7113 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | 54.08 | 0.0015% | — | 0.05% | < ₹1 Crore | 0.0000% | — | 0.00% | +53.30 | #3411 | | FY 2024-25 | 26.52 | 0.0007% | −50.96% | 0.02% | 3.30 | 0.0001% | +323.08% | 0.02% | +23.22 | #4494 | ## Key trade insights: HSN Code 71131142 export-import analysis ### Export snapshot for HSN Code 71131142 India exported ₹26.52 Crore worth of Studded with diamonds of heading 7102 in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71131142 ranked #4494 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71131142 ranks #4494 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #19 of 30. By trade surplus, it ranks #2718 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 71131142 exports The strongest single-year export movement for HSN Code 71131142 was recorded in FY 2024-25, when exports declined by 50.96% over the prior year. ### India maintains a trade surplus of ₹23.22 Crore in HSN Code 71131142 goods In FY 2024-25, India's exports of ₹26.52 Cr exceeded imports of ₹3.30 Cr, resulting in a trade surplus of ₹23.22 Crore — ranking #2718 of 12657 by surplus magnitude. ### HSN Code 71131142 contributes 0.02% of Sub-Chapter 7113 exports — ranked #19 Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131142 ranks #19 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #20). ## Related HSN Codes in Sub-Chapter 7113 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71131911: Studded with pearls](https://busy.in/hsn/hsn-71131911/) | ₹42,292 Cr | | #2 | [HSN Code 71131913: Studded with diamonds of heading 7104](https://busy.in/hsn/hsn-71131913/) | ₹27,886 Cr | | #3 | [HSN Code 71131914: Studded with other precious and semi-precious stones](https://busy.in/hsn/hsn-71131914/) | ₹9,272 Cr | | #4 | [HSN Code 71131915: Gold jew. studded other](https://busy.in/hsn/hsn-71131915/) | ₹7,966 Cr | | #5 | [HSN Code 71131919: Unstudded](https://busy.in/hsn/hsn-71131919/) | ₹7,945 Cr | | #6 | [HSN Code 71131143: Studded with diamonds of heading 7104](https://busy.in/hsn/hsn-71131143/) | ₹4,456 Cr | | #7 | [HSN Code 71131145: Silver jewellery, stone-studded](https://busy.in/hsn/hsn-71131145/) | ₹1,140 Cr | | #8 | [HSN Code 71131923: Studded with diamonds of heading 7104](https://busy.in/hsn/hsn-71131923/) | ₹1,127 Cr | | #9 | [HSN Code 71131149: Unstudded](https://busy.in/hsn/hsn-71131149/) | ₹1,083 Cr | | #10 | [HSN Code 71131141: Studded with pearls](https://busy.in/hsn/hsn-71131141/) | ₹842 Cr | | #19 | HSN Code 71131142: Studded with diamonds of heading 7102 (this hsn code) | ₹27 Cr |