--- title: "HSN Code for Studded with other precious and semi-precious stones | HSN 71131144 GST Rate" description: "Find HSN and GST Rates for 71131144 related to Studded with other precious and semi-precious stones with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71131144/" --- # HSN Code 71131144: Studded with other precious and semi-precious stones - [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 diamonds of heading 7104 | 3% | 3% | 6% | 0% | ## Frequently asked questions ### What products are classified under HSN 71131144 ? It includes Cold-Rolled High Speed Steel (Non-Coil, >=600mm) ### Any common misclassification issue with Studded with other precious and semi-precious stones? 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 Studded with other precious and semi-precious stones? 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 much GST applies to Studded with other precious and semi-precious stones? Under HSN 71131144, Studded with other precious and semi-precious stones attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Studded with other precious and semi-precious stones is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Studded with other precious and semi-precious stones; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Studded with other precious and semi-precious stones? 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. ### Can we claim ITC on inputs used to trade Studded with other precious and semi-precious stones? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 71131144 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹677 Cr (+57.74% YoY) — 0.0184% of India's total exports - Imports: ₹19 Cr (+40.79% YoY) — 0.0003% of India's total imports - Trade balance: ₹658 Cr (Surplus); surplus rank #490 of 12657 HSN codes - Share of Sub-Chapter 7113: 0.64% of its exports; import side 0.09% - Rank within Sub-Chapter 7113: #12 of 30 by export value; import-side #16 ### Key metrics - National export rank: #757 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +57.74% in FY 2024-25 - Contribution to Sub-Ch. 7113: 0.64% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71131144 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 | 428.99 | 0.0119% | — | 0.39% | 13.19 | 0.0002% | — | 0.05% | +415.80 | #1091 | | FY 2024-25 | 676.68 | 0.0184% | +57.74% | 0.64% | 18.57 | 0.0003% | +40.79% | 0.09% | +658.11 | #757 | ## Key trade insights: HSN Code 71131144 export-import analysis ### Export snapshot for HSN Code 71131144 India exported ₹676.68 Crore worth of Studded with other precious and semi-precious stones in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71131144 ranked #757 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71131144 ranks #757 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #12 of 30. By trade surplus, it ranks #490 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 71131144 exports The strongest single-year export movement for HSN Code 71131144 was recorded in FY 2024-25, when exports surged by 57.74% over the prior year. ### India maintains a trade surplus of ₹658.11 Crore in HSN Code 71131144 goods In FY 2024-25, India's exports of ₹676.68 Cr exceeded imports of ₹18.57 Cr, resulting in a trade surplus of ₹658.11 Crore — ranking #490 of 12657 by surplus magnitude. ### HSN Code 71131144 contributes 0.64% of Sub-Chapter 7113 exports — ranked #12 Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131144 ranks #12 by export value — accounting for 0.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #16). ## 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 | | #12 | HSN Code 71131144: Studded with other precious and semi-precious stones (this hsn code) | ₹677 Cr |