HSN Code 71131145: Silver jewellery, stone-studded

HSN Code 71131145 represents Silver jewellery, stone-studded under GST classification. This code helps businesses identify Silver jewellery, stone-studded correctly for billing, taxation, and trade. With HSN Code 71131145, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Silver jewellery, stone-studded.

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Description of Goods for HSN Code 71131145

HSN Code 71131145 relates to the following description.

Description of Goods

Studded with other precious and semi-precious stones

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

7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

CGST

3%

SGST

3%

IGST

6%

CESS

0%

What does HSN Code 71131145 not include?

Silver jewellery, stone-studded does not include products with the following descriptions.

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery with filigree work

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery studded with gems

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Other articles of Jewellery

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Parts

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, unstudded

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with pearls

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with diamonds

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with other precious and semi-precious stones

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal :Of platinum, unstudded

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Parts

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Other

India’s Trade Performance — HSN Code 71131145 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

₹1,140 Cr

−17.78% vs FY 2023-24

0.0310% of India’s total exports

India’s Imports

FY 2024-25

₹610 Cr

−33.74% vs FY 2023-24

0.0100% of India’s total imports

Trade Balance

FY 2024-25

₹530 Cr

Trade Surplus

Surplus rank #604 of 12657 HSN codes

% of Sub-Chapter 7113

FY 2024-25

1.07%

Share of Sub-Chapter 7113’s total exports in FY 2024-25

Import side: 2.85% of Sub-Chapter 7113’s imports

Rank Within Sub-Chapter 7113

FY 2024-25

#7 of 30

Position by export value among HSN codes in Sub-Chapter 7113

Import-side rank: #7 of 30

At a glance

#465

National Export Rank

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

−17.78%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.07%

Contribution to Sub-Ch. 7113

Share of Sub-Chapter 7113 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 71131145

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

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7113

FY 2023-24 Exp. Rank #371

Balance

+466.12

Exports

1,386.75 ₹ Cr

0.0383% share

YoY

1.26% of Sub-Ch. 7113

Imports

920.63 ₹ Cr

0.0164% share

YoY

3.40% of Sub-Ch. 7113

FY 2024-25 Exp. Rank #465

Balance

+530.19

Exports

1,140.20 ₹ Cr

0.0310% share

−17.78% YoY

1.07% of Sub-Ch. 7113

Imports

610.01 ₹ Cr

0.0100% share

−33.74% YoY

2.85% of Sub-Ch. 7113

Sub-Chapter 7113 total

reference, FY 2024-25

Export

₹1,06,341.19 Cr

Import

₹21,416.31 Cr

Trade Balance

+84,924.88

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

Key Trade Insights: HSN Code 71131145 Export-Import Analysis

Export Snapshot for HSN Code 71131145

India exported ₹1,140.20 Crore worth of Silver jewellery, stone-studded in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 71131145 Ranked #465 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71131145 ranks #465 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #7 of 30. By trade surplus, it ranks #604 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 71131145 Exports

The strongest single-year export movement for HSN Code 71131145 was recorded in FY 2024-25, when exports declined by 17.78% over the prior year.

India Maintains a Trade Surplus of ₹530.19 Crore in HSN Code 71131145 Goods

In FY 2024-25, India's exports of ₹1,140.20 Cr exceeded imports of ₹610.01 Cr, resulting in a trade surplus of ₹530.19 Crore — ranking #604 of 12657 by surplus magnitude.

HSN Code 71131145 Contributes 1.07% of Sub-Chapter 7113 Exports — Ranked #7

Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131145 ranks #7 by export value — accounting for 1.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.85% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71131145 and GST compliance.

What products are classified under HSN 71131145 ?

It includes Hot-Rolled High Speed Steel (Non-Coil, >=600mm)

Can we claim ITC on inputs used to trade Silver jewellery, stone-studded?

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

How should mixed supplies be billed when Silver jewellery, stone-studded is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silver jewellery, stone-studded; Nil for exempt items if applicable).

Any common misclassification issue with Silver jewellery, stone-studded?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Silver jewellery, stone-studded?

Under HSN 71131145, Silver jewellery, stone-studded attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Silver jewellery, stone-studded?

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 Silver jewellery, stone-studded?

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.

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.