HSN Code 71131190 represents Other Diamonds under GST classification. This code helps businesses identify Other Diamonds correctly for billing, taxation, and trade. With HSN Code 71131190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Diamonds.
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HSN Code 71131190 relates to the following description.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
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
1.5%
1.5%
3%
0%
Description of Goods
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
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
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Other Diamonds 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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Of base metal clad with precious metal
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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Unstudded
Studded with pearls
Studded with diamonds of heading 7102
Studded with diamonds of heading 7104
Studded with other precious and semi-precious stones
Other
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
Of base metal clad with precious metal
India’s Exports
FY 2024-25₹97 Cr
0.0026% of India’s total exports
India’s Imports
FY 2024-25₹120 Cr
0.0020% of India’s total imports
Trade Balance
FY 2024-25−₹23 Cr
Surplus rank #9652 of 12657 HSN codes
% of Sub-Chapter 7113
FY 2024-250.09%
Share of Sub-Chapter 7113’s total exports in FY 2024-25
Import side: 0.56% of Sub-Chapter 7113’s imports
Rank Within Sub-Chapter 7113
FY 2024-25#17 of 30
Position by export value among HSN codes in Sub-Chapter 7113
Import-side rank: #12 of 30
At a glance
3.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2701
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+55.72%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.09%
Contribution to Sub-Ch. 7113
Share of Sub-Chapter 7113 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+5.74
Exports
77.26 ₹ Cr
0.0034% share
— YoY
0.09% of Sub-Ch. 7113
Imports
71.52 ₹ Cr
0.0020% share
— YoY
1.61% of Sub-Ch. 7113
Balance
−12.50
Exports
56.75 ₹ Cr
0.0026% share
−26.55% YoY
0.06% of Sub-Ch. 7113
Imports
69.25 ₹ Cr
0.0021% share
−3.17% YoY
1.52% of Sub-Ch. 7113
Balance
−13.46
Exports
45.55 ₹ Cr
0.0021% share
−19.74% YoY
0.09% of Sub-Ch. 7113
Imports
59.01 ₹ Cr
0.0020% share
−14.79% YoY
2.70% of Sub-Ch. 7113
Balance
−21.47
Exports
70.93 ₹ Cr
0.0023% share
+55.72% YoY
0.09% of Sub-Ch. 7113
Imports
92.40 ₹ Cr
0.0020% share
+56.58% YoY
1.97% of Sub-Ch. 7113
Balance
−7.98
Exports
80.30 ₹ Cr
0.0022% share
+13.21% YoY
0.08% of Sub-Ch. 7113
Imports
88.28 ₹ Cr
0.0015% share
−4.46% YoY
0.97% of Sub-Ch. 7113
Balance
+10.66
Exports
108.68 ₹ Cr
0.0030% share
+35.34% YoY
0.10% of Sub-Ch. 7113
Imports
98.02 ₹ Cr
0.0017% share
+11.03% YoY
0.36% of Sub-Ch. 7113
Balance
−23.48
Exports
96.84 ₹ Cr
0.0026% share
−10.89% YoY
0.09% of Sub-Ch. 7113
Imports
120.32 ₹ Cr
0.0020% share
+22.75% YoY
0.56% of Sub-Ch. 7113
CAGR · 7-Year
Exports
3.84% /yr
Imports
9.06% /yr
reference, FY 2024-25
Export
₹1,06,341.19 Cr
Import
₹21,416.31 Cr
Trade Balance
+84,924.88
India's exports under HSN Code 71131190 have grown at a compound annual rate of 3.84% over 7 fiscal years, rising from ₹77.26 Crore in FY 2018-19 to ₹96.84 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71131190 ranks #2701 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #17 of 30. By trade surplus, it ranks #9652 of 12657.
The strongest single-year export movement for HSN Code 71131190 was recorded in FY 2021-22, when exports surged by 55.72% over the prior year.
In FY 2024-25, India's imports of ₹120.32 Cr exceeded exports of ₹96.84 Cr, resulting in a trade deficit of ₹23.48 Crore — ranking #9652 of 12657 by surplus magnitude.
India's imports under HSN Code 71131190 have grown at 9.06% CAGR, reaching ₹120.32 Crore in FY 2024-25.
Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131190 ranks #17 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.56% share (rank #12).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 71131190 and GST compliance.
It includes Treated or Enhanced Stones
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Diamonds; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 71131190, Other Diamonds attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.