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HSN Code 71131990: Other Precious Metal Jewellery, Excluding Silver

HSN Code 71131990 represents Other Precious Metal Jewellery, Excluding Silver under GST classification. This code helps businesses identify Other Precious Metal Jewellery, Excluding Silver correctly for billing, taxation, and trade. With HSN Code 71131990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Precious Metal Jewellery, Excluding Silver.

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Description of Goods for HSN Code 71131990

HSN Code 71131990 relates to the following description.

Description of Goods

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

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%

What does HSN Code 71131990 not include?

Other Precious Metal Jewellery, Excluding Silver 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

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India’s Trade Performance — HSN Code 71131990 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹929 Cr

+20.24% vs FY 2024-25

0.0238% of India’s total exports

India’s Imports

FY 2025-26

₹536 Cr

+145.44% vs FY 2024-25

0.0078% of India’s total imports

Trade Balance

FY 2025-26

₹393 Cr

Trade Surplus

Surplus rank #809 of 12872 HSN codes

% of Sub-Chapter 7113

FY 2025-26

0.79%

Share of Sub-Chapter 7113’s total exports in FY 2025-26

Import side: 1.22% of Sub-Chapter 7113’s imports

Rank Within Sub-Chapter 7113

FY 2025-26

#12 of 30

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

Import-side rank: #12 of 30

At a glance

−4.37%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#625

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+95.58%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.79%

Contribution to Sub-Ch. 7113

Share of Sub-Chapter 7113 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 71131990

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #260

Balance

+1,119.67

Exports

1,270.26 ₹ Cr

0.0556% share

— YoY

1.41% of Sub-Ch. 7113

Imports

150.59 ₹ Cr

0.0042% share

— YoY

3.38% of Sub-Ch. 7113

FY 2019-20 Exp. Rank #249

Balance

+1,069.91

Exports

1,293.12 ₹ Cr

0.0587% share

+1.80% YoY

1.33% of Sub-Ch. 7113

Imports

223.21 ₹ Cr

0.0067% share

+48.22% YoY

4.89% of Sub-Ch. 7113

FY 2020-21 Exp. Rank #257

Balance

+1,081.84

Exports

1,325.23 ₹ Cr

0.0616% share

+2.48% YoY

2.73% of Sub-Ch. 7113

Imports

243.39 ₹ Cr

0.0084% share

+9.04% YoY

11.15% of Sub-Ch. 7113

FY 2021-22 Exp. Rank #176

Balance

+2,181.40

Exports

2,591.85 ₹ Cr

0.0826% share

+95.58% YoY

3.16% of Sub-Ch. 7113

Imports

410.45 ₹ Cr

0.0090% share

+68.64% YoY

8.73% of Sub-Ch. 7113

FY 2022-23 Exp. Rank #136

Balance

+2,606.66

Exports

3,486.34 ₹ Cr

0.0963% share

+34.51% YoY

3.53% of Sub-Ch. 7113

Imports

879.68 ₹ Cr

0.0153% share

+114.32% YoY

9.62% of Sub-Ch. 7113

FY 2023-24 Exp. Rank #547

Balance

+696.67

Exports

926.30 ₹ Cr

0.0256% share

−73.43% YoY

0.84% of Sub-Ch. 7113

Imports

229.63 ₹ Cr

0.0041% share

−73.90% YoY

0.85% of Sub-Ch. 7113

FY 2024-25 Exp. Rank #665

Balance

+554.19

Exports

772.56 ₹ Cr

0.0210% share

−16.60% YoY

0.73% of Sub-Ch. 7113

Imports

218.37 ₹ Cr

0.0036% share

−4.90% YoY

1.02% of Sub-Ch. 7113

FY 2025-26 Exp. Rank #625

Balance

+392.99

Exports

928.96 ₹ Cr

0.0238% share

+20.24% YoY

0.79% of Sub-Ch. 7113

Imports

535.97 ₹ Cr

0.0078% share

+145.44% YoY

1.22% of Sub-Ch. 7113

CAGR · 8-Year

Exports

−4.37% /yr

Imports

19.88% /yr

Consistently Surplus
Sub-Chapter 7113 total

reference, FY 2025-26

Export

₹1,17,250.70 Cr

Import

₹44,080.11 Cr

Trade Balance

+73,170.59

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

Key Trade Insights: HSN Code 71131990 Export-Import Analysis

Export Decline: −4.37% CAGR Over 8 Years

India's exports under HSN Code 71131990 have declined at a compound annual rate of −4.37% over 8 fiscal years, falling from ₹1,270.26 Crore in FY 2018-19 to ₹928.96 Crore in FY 2025-26.

HSN Code 71131990 Ranked #625 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 71131990 ranks #625 out of 12872 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #12 of 30. By trade surplus, it ranks #809 of 12872.

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 ₹392.99 Crore in HSN Code 71131990 Goods

In FY 2025-26, India's exports of ₹928.96 Cr exceeded imports of ₹535.97 Cr, resulting in a trade surplus of ₹392.99 Crore — ranking #809 of 12872 by surplus magnitude.

Import Growth of 19.88% CAGR Signals Rising Demand for Other Precious Metal Jewellery, Excluding Silver

India's imports under HSN Code 71131990 have grown at 19.88% CAGR, reaching ₹535.97 Crore in FY 2025-26.

HSN Code 71131990 Contributes 0.79% of Sub-Chapter 7113 Exports — Ranked #12

Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71131990 ranks #12 by export value — accounting for 0.79% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.22% share (rank #12).

Frequently Asked Questions

Clear answers to common queries about HSN Code 71131990 and GST compliance.

What products are classified under HSN 71131990 ?

It includes Silver Parts of Goldsmiths or Silversmiths Wares

Any common misclassification issue with Other Precious Metal Jewellery, Excluding Silver?

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 Precious Metal Jewellery, Excluding Silver?

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

Does packaging or labelling change the GST for Other Precious Metal Jewellery, Excluding Silver?

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 Precious Metal Jewellery, Excluding Silver?

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 Precious Metal Jewellery, Excluding Silver?

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.

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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.