HSN Code 71141930: Parts of Precious Metal Articles

HSN Code 71141930 represents Parts of Precious Metal Articles under GST classification. This code helps businesses identify Parts of Precious Metal Articles correctly for billing, taxation, and trade. With HSN Code 71141930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Parts of Precious Metal Articles.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 71141930

HSN Code 71141930 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 : 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

7114 - Articles of goldsmiths’ or silversmiths’ wares 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 71141930 not include?

Parts of Precious Metal Articles does not include products with the following descriptions.

HSN Code 71141110

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

HSN Code 71141120

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

HSN Code 71141910

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 : Articles of gold

HSN Code 71141920

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 : Articles of platinum

India’s Trade Performance — HSN Code 71141930 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

−99.97% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5588 of 12657 HSN codes

% of Sub-Chapter 7114

FY 2024-25

0.01%

Share of Sub-Chapter 7114’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7114’s imports

Rank Within Sub-Chapter 7114

FY 2024-25

#8 of 8

Position by export value among HSN codes in Sub-Chapter 7114

At a glance

#10437

National Export Rank

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

+2,115.38%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Sub-Ch. 7114

Share of Sub-Chapter 7114 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 71141930

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. 7114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7114

FY 2019-20

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.08% of Sub-Ch. 7114

FY 2020-21 Exp. Rank #8720

Balance

+0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.34% of Sub-Ch. 7114

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7114

FY 2021-22 Exp. Rank #9420

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−48.00% YoY

0.10% of Sub-Ch. 7114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7114

FY 2022-23 Exp. Rank #7046

Balance

+2.88

Exports

2.88 ₹ Cr

0.0001% share

+2,115.38% YoY

1.83% of Sub-Ch. 7114

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7114

FY 2023-24 Exp. Rank #4125

Balance

+32.63

Exports

32.65 ₹ Cr

0.0009% share

+1,033.68% YoY

17.80% of Sub-Ch. 7114

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.05% of Sub-Ch. 7114

FY 2024-25 Exp. Rank #10437

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.97% YoY

0.01% of Sub-Ch. 7114

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7114

Sub-Chapter 7114 total

reference, FY 2024-25

Export

₹157.79 Cr

Import

₹82.78 Cr

Trade Balance

+75.01

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

Key Trade Insights: HSN Code 71141930 Export-Import Analysis

Export Snapshot for HSN Code 71141930

India exported ₹0.01 Crore worth of Parts of Precious Metal Articles in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 71141930 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71141930 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 7114, it ranks #8 of 8. By trade surplus, it ranks #5588 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 71141930 Exports

The strongest single-year export movement for HSN Code 71141930 was recorded in FY 2022-23, when exports surged by 2,115.38% over the prior year.

India Maintains a Trade Surplus of ₹0.01 Crore in HSN Code 71141930 Goods

In FY 2024-25, India's exports of ₹0.01 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude.

HSN Code 71141930 Contributes 0.01% of Sub-Chapter 7114 Exports — Ranked #8

Among the 8 HSN codes under Sub-Chapter 7114, HSN Code 71141930 ranks #8 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 71141930 and GST compliance.

What products are classified under HSN 71141930 ?

It includes Parts of Goldsmiths or Silversmiths Articles

Do e‑way bill and e‑invoice apply for Parts of Precious Metal Articles?

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.

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

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

Any common misclassification issue with Parts of Precious Metal Articles?

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 Parts of Precious Metal Articles?

Under HSN 71141930, Parts of Precious Metal Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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.