HSN Code 71132000: Articles of Base Metal Clad with Precious Metal

HSN Code 71132000 represents Articles of Base Metal Clad with Precious Metal under GST classification. This code helps businesses identify Articles of Base Metal Clad with Precious Metal correctly for billing, taxation, and trade. With HSN Code 71132000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Articles of Base Metal Clad with Precious Metal.

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Description of Goods for HSN Code 71132000

HSN Code 71132000 relates to the following description.

Description of Goods

Of base metal clad with precious metal

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 71132000 not include?

Articles of Base Metal Clad with Precious Metal 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 71132000 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 Crore

−91.83% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−80.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4631 of 12657 HSN codes

% of Sub-Chapter 7113

FY 2024-25

0.00%

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

Import side: 0.00% of Sub-Chapter 7113’s imports

Rank Within Sub-Chapter 7113

FY 2024-25

#22 of 30

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

Import-side rank: #22 of 30

At a glance

−32.47%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8424

National Export Rank

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

+1,608.62%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7113

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

India Export-Import Trade Statistics for HSN Code 71132000

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 Exp. Rank #5187

Balance

+7.69

Exports

8.54 ₹ Cr

0.0004% share

YoY

0.01% of Sub-Ch. 7113

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7113

FY 2019-20 Exp. Rank #7273

Balance

+0.63

Exports

1.41 ₹ Cr

0.0001% share

−83.49% YoY

0.00% of Sub-Ch. 7113

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−8.24% YoY

0.02% of Sub-Ch. 7113

FY 2020-21 Exp. Rank #8379

Balance

−0.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.92% YoY

0.00% of Sub-Ch. 7113

Imports

1.08 ₹ Cr

0.0000% share

+38.46% YoY

0.05% of Sub-Ch. 7113

FY 2021-22 Exp. Rank #6087

Balance

+4.63

Exports

6.22 ₹ Cr

0.0002% share

+1,417.07% YoY

0.01% of Sub-Ch. 7113

Imports

1.59 ₹ Cr

0.0000% share

+47.22% YoY

0.03% of Sub-Ch. 7113

FY 2022-23 Exp. Rank #8564

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.68% YoY

0.00% of Sub-Ch. 7113

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−58.49% YoY

0.01% of Sub-Ch. 7113

FY 2023-24 Exp. Rank #5742

Balance

+9.66

Exports

9.91 ₹ Cr

0.0003% share

+1,608.62% YoY

0.01% of Sub-Ch. 7113

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−62.12% YoY

0.00% of Sub-Ch. 7113

FY 2024-25 Exp. Rank #8424

Balance

+0.76

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−91.83% YoY

0.00% of Sub-Ch. 7113

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−80.00% YoY

0.00% of Sub-Ch. 7113

CAGR · 7-Year

Exports

−32.47% /yr

Imports

−37.64% /yr

Consistently Surplus
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 71132000 Export-Import Analysis

Export Decline: −32.47% CAGR Over 7 Years

India's exports under HSN Code 71132000 have declined at a compound annual rate of −32.47% over 7 fiscal years, falling from ₹8.54 Crore in FY 2018-19 to ₹0.81 Crore in FY 2024-25.

HSN Code 71132000 Ranked #8424 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71132000 ranks #8424 out of 12657 HSN codes by total export value. Within Sub-Chapter 7113, it ranks #22 of 30. By trade surplus, it ranks #4631 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 71132000 Exports

The strongest single-year export movement for HSN Code 71132000 was recorded in FY 2023-24, when exports surged by 1,608.62% over the prior year.

India Maintains a Trade Surplus of ₹0.76 Crore in HSN Code 71132000 Goods

In FY 2024-25, India's exports of ₹0.81 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹0.76 Crore — ranking #4631 of 12657 by surplus magnitude.

Import Growth of −37.64% CAGR Signals Stable Import Dependency for Articles of Base Metal Clad with Precious Metal

India's imports under HSN Code 71132000 have grown at −37.64% CAGR, reaching ₹0.05 Crore in FY 2024-25.

HSN Code 71132000 Contributes 0.00% of Sub-Chapter 7113 Exports — Ranked #22

Among the 30 HSN codes under Sub-Chapter 7113, HSN Code 71132000 ranks #22 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #22).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71132000 and GST compliance.

What products are classified under HSN 71132000 ?

It includes Gold Articles of Precious Metal

How should mixed supplies be billed when Articles of Base Metal Clad with Precious Metal is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Articles of Base Metal Clad with Precious Metal; Nil for exempt items if applicable).

Any common misclassification issue with Articles of Base Metal Clad with 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.

Do e‑way bill and e‑invoice apply for Articles of Base Metal Clad with 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.

Can we claim ITC on inputs used to trade Articles of Base Metal Clad with 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.

How much GST applies to Articles of Base Metal Clad with Precious Metal?

Under HSN 71132000, Articles of Base Metal Clad with Precious Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.