--- title: "HSN Code for Goldsmiths or Silversmiths' Articles of Base Metal Clad | HSN 71142010 GST Rate" description: "Find HSN and GST Rates for 71142010 related to Goldsmiths or Silversmiths' Articles of Base Metal Clad with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71142010/" --- # HSN Code 71142010: Goldsmiths or Silversmiths' Articles of Base Metal Clad - [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 7114: Precious metal articles & wares](https://busy.in/hsn/sub-chapter-7114/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of base metal clad with precious metal : Articles clad with gold | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71142010 ? It includes Other Articles of Precious Metal ### Does packaging or labelling change the GST for Goldsmiths or Silversmiths' Articles of Base Metal Clad? 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 Goldsmiths or Silversmiths' Articles of Base Metal Clad? 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 Goldsmiths or Silversmiths' Articles of Base Metal Clad? Under HSN 71142010, Goldsmiths or Silversmiths' Articles of Base Metal Clad attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Goldsmiths or Silversmiths' Articles of Base Metal Clad is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Goldsmiths or Silversmiths' Articles of Base Metal Clad; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Goldsmiths or Silversmiths' Articles of Base Metal Clad? 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. ### Any common misclassification issue with Goldsmiths or Silversmiths' Articles of Base Metal Clad? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 71142010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+176.32% YoY) — 0.0001% of India's total exports - Imports: ₹14 Cr (+45.07% YoY) — 0.0002% of India's total imports - Trade balance: −₹12 Cr (Deficit); surplus rank #9176 of 12657 HSN codes - Share of Sub-Chapter 7114: 1.33% of its exports; import side 16.72% - Rank within Sub-Chapter 7114: #3 of 8 by export value; import-side #2 ### Key metrics - National export rank: #7557 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +759.38% in FY 2022-23 - Contribution to Sub-Ch. 7114: 1.33% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71142010 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. 7114 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7114 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | 2.49 | 0.0001% | — | 1.73% | −2.49 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.21% | 3.86 | 0.0001% | +55.02% | 5.04% | −3.58 | #8609 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +50.00% | 0.57% | < ₹1 Crore | 0.0000% | −80.83% | 4.17% | −0.32 | #8359 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −23.81% | 0.25% | 3.64 | 0.0001% | +391.89% | 14.39% | −3.32 | #8897 | | FY 2022-23 | 2.75 | 0.0001% | +759.38% | 1.75% | 10.14 | 0.0002% | +178.57% | 1.97% | −7.39 | #7089 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −72.36% | 0.41% | 9.54 | 0.0002% | −5.92% | 23.09% | −8.78 | #8479 | | FY 2024-25 | 2.10 | 0.0001% | +176.32% | 1.33% | 13.84 | 0.0002% | +45.07% | 16.72% | −11.74 | #7557 | - CAGR (7-year): exports —/yr, imports 33.09%/yr (consistently Deficit) ## Key trade insights: HSN Code 71142010 export-import analysis ### Export snapshot for HSN Code 71142010 India exported ₹2.10 Crore worth of Goldsmiths or Silversmiths' Articles of Base Metal Clad in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71142010 ranked #7557 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71142010 ranks #7557 out of 12657 HSN codes by total export value. Within Sub-Chapter 7114, it ranks #3 of 8. By trade surplus, it ranks #9176 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 71142010 exports The strongest single-year export movement for HSN Code 71142010 was recorded in FY 2022-23, when exports surged by 759.38% over the prior year. ### India records a trade deficit of ₹11.74 Crore in HSN Code 71142010 goods In FY 2024-25, India's imports of ₹13.84 Cr exceeded exports of ₹2.10 Cr, resulting in a trade deficit of ₹11.74 Crore — ranking #9176 of 12657 by surplus magnitude. ### Import growth of 33.09% CAGR signals rising demand for Goldsmiths or Silversmiths' Articles of Base Metal Clad India's imports under HSN Code 71142010 have grown at 33.09% CAGR, reaching ₹13.84 Crore in FY 2024-25. ### HSN Code 71142010 contributes 1.33% of Sub-Chapter 7114 exports — ranked #3 Among the 8 HSN codes under Sub-Chapter 7114, HSN Code 71142010 ranks #3 by export value — accounting for 1.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.72% share (rank #2). ## Related HSN Codes in Sub-Chapter 7114 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71141110: Silver Articles of Goldsmiths or Silversmiths](https://busy.in/hsn/hsn-71141110/) | ₹120 Cr | | #2 | [HSN Code 71141910: Gold Articles of Precious Metal](https://busy.in/hsn/hsn-71141910/) | ₹35 Cr | | #3 | HSN Code 71142010: Goldsmiths or Silversmiths' Articles of Base Metal Clad (this hsn code) | ₹2 Cr | | #4 | [HSN Code 71142020: Other Articles of Goldsmiths or Silversmiths Wares](https://busy.in/hsn/hsn-71142020/) | < ₹1 Crore | | #5 | [HSN Code 71141120: Silver Parts of Goldsmiths or Silversmiths Wares](https://busy.in/hsn/hsn-71141120/) | < ₹1 Crore | | #6 | [HSN Code 71141920: Platinum Articles of Precious Metal](https://busy.in/hsn/hsn-71141920/) | < ₹1 Crore | | #6 | [HSN Code 71142030: Parts of Goldsmiths or Silversmiths Articles](https://busy.in/hsn/hsn-71142030/) | < ₹1 Crore | | #8 | [HSN Code 71141930: Parts of Precious Metal Articles](https://busy.in/hsn/hsn-71141930/) | < ₹1 Crore |