---
title: "HSN Code for Other Articles of Precious Metal | HSN 71131990 GST Rate"
description: "Find HSN and GST Rates for 71131990 related to Other Articles of Precious Metal with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71131990/"
---

# HSN Code 71131990: Other Articles of Precious Metal

- [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 |
| --- | --- | --- | --- | --- |
| 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 | 1.5% | 1.5% | 3% | 0% |

## Frequently asked questions

### What products are classified under HSN 71131990 ?

It includes Silver Parts of Goldsmiths or Silversmiths Wares

### Any common misclassification issue with Other Articles of Precious Metal?

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 Other Articles of Precious Metal?

Under HSN 71131990, Other Articles of Precious Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Other Articles of Precious Metal?

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 Other Articles of Precious Metal?

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 Other Articles of Precious Metal?

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 71131990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹773 Cr (−16.60% YoY) — 0.0210% of India's total exports
- Imports: ₹218 Cr (−4.90% YoY) — 0.0036% of India's total imports
- Trade balance: ₹554 Cr (Surplus); surplus rank #574 of 12657 HSN codes
- Share of Sub-Chapter 7113: 0.73% of its exports; import side 1.02%
- Rank within Sub-Chapter 7113: #11 of 30 by export value; import-side #11

### Key metrics

- Export CAGR: -7.95% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #665 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +95.58% in FY 2021-22
- Contribution to Sub-Ch. 7113: 0.73% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71131990

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 | 1,270.26 | 0.0556% | — | 1.41% | 150.59 | 0.0042% | — | 3.38% | +1,119.67 | #260 |
| FY 2019-20 | 1,293.12 | 0.0587% | +1.80% | 1.33% | 223.21 | 0.0067% | +48.22% | 4.89% | +1,069.91 | #249 |
| FY 2020-21 | 1,325.23 | 0.0616% | +2.48% | 2.73% | 243.39 | 0.0084% | +9.04% | 11.15% | +1,081.84 | #257 |
| FY 2021-22 | 2,591.85 | 0.0826% | +95.58% | 3.16% | 410.45 | 0.0090% | +68.64% | 8.73% | +2,181.40 | #176 |
| FY 2022-23 | 3,486.34 | 0.0963% | +34.51% | 3.53% | 879.68 | 0.0153% | +114.32% | 9.62% | +2,606.66 | #136 |
| FY 2023-24 | 926.30 | 0.0256% | −73.43% | 0.84% | 229.63 | 0.0041% | −73.90% | 0.85% | +696.67 | #547 |
| FY 2024-25 | 772.56 | 0.0210% | −16.60% | 0.73% | 218.37 | 0.0036% | −4.90% | 1.02% | +554.19 | #665 |

- CAGR (7-year): exports -7.95%/yr, imports 6.39%/yr (consistently Surplus)

## Key trade insights: HSN Code 71131990 export-import analysis

### Export decline: -7.95% CAGR over 7 years

India's exports under HSN Code 71131990 have declined at a compound annual rate of -7.95% over 7 fiscal years, falling from ₹1,270.26 Crore in FY 2018-19 to ₹772.56 Crore in FY 2024-25.

### HSN Code 71131990 ranked #665 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71131990 ranks #665 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #11 of 30. By trade surplus, it ranks #574 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 71131990 exports

The strongest single-year export movement for HSN Code 71131990 was recorded in FY 2021-22, when exports surged by 95.58% over the prior year.

### India maintains a trade surplus of ₹554.19 Crore in HSN Code 71131990 goods

In FY 2024-25, India's exports of ₹772.56 Cr exceeded imports of ₹218.37 Cr, resulting in a trade surplus of ₹554.19 Crore — ranking #574 of 12657 by surplus magnitude.

### Import growth of 6.39% CAGR signals stable import dependency for Other Articles of Precious Metal

India's imports under HSN Code 71131990 have grown at 6.39% CAGR, reaching ₹218.37 Crore in FY 2024-25.

### HSN Code 71131990 contributes 0.73% of Sub-Chapter 7113 exports — ranked #11

Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131990 ranks #11 by export value — accounting for 0.73% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.02% share (rank #11).

## 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 |
| #11 | HSN Code 71131990: Other Articles of Precious Metal (this hsn code) | ₹773 Cr |