HSN Code 71142010 represents Goldsmiths or Silversmiths' Articles of Base Metal Clad under GST classification. This code helps businesses identify Goldsmiths or Silversmiths' Articles of Base Metal Clad correctly for billing, taxation, and trade. With HSN Code 71142010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Goldsmiths or Silversmiths' Articles of Base Metal Clad.
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HSN Code 71142010 relates to the following description.
Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal
Of base metal clad with precious metal : Articles clad with gold
1.5%
1.5%
3%
0%
Description of Goods
Of base metal clad with precious metal : Articles clad with gold
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%
Goldsmiths or Silversmiths' Articles of Base Metal Clad 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 precious metal : Articles
Of precious metal, whether or not plated or clad with precious metal : Of silver, 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 : Articles of gold
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
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 base metal clad with precious metal : Other articles
Of base metal clad with precious metal : Parts
Of precious metal, whether or not plated or clad with precious metal : Of silver, whether or not plated or clad with precious metal : Articles
Of precious metal, whether or not plated or clad with precious metal : Of silver, 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 : Articles of gold
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
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 base metal clad with precious metal : Other articles
Of base metal clad with precious metal : Parts
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹14 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹12 Cr
Surplus rank #9176 of 12657 HSN codes
% of Sub-Chapter 7114
FY 2024-251.33%
Share of Sub-Chapter 7114’s total exports in FY 2024-25
Import side: 16.72% of Sub-Chapter 7114’s imports
Rank Within Sub-Chapter 7114
FY 2024-25#3 of 8
Position by export value among HSN codes in Sub-Chapter 7114
Import-side rank: #2 of 8
At a glance
#7557
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+759.38%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.33%
Contribution to Sub-Ch. 7114
Share of Sub-Chapter 7114 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.49
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7114
Imports
2.49 ₹ Cr
0.0001% share
— YoY
1.73% of Sub-Ch. 7114
Balance
−3.58
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.21% of Sub-Ch. 7114
Imports
3.86 ₹ Cr
0.0001% share
+55.02% YoY
5.04% of Sub-Ch. 7114
Balance
−0.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+50.00% YoY
0.57% of Sub-Ch. 7114
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−80.83% YoY
4.17% of Sub-Ch. 7114
Balance
−3.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−23.81% YoY
0.25% of Sub-Ch. 7114
Imports
3.64 ₹ Cr
0.0001% share
+391.89% YoY
14.39% of Sub-Ch. 7114
Balance
−7.39
Exports
2.75 ₹ Cr
0.0001% share
+759.38% YoY
1.75% of Sub-Ch. 7114
Imports
10.14 ₹ Cr
0.0002% share
+178.57% YoY
1.97% of Sub-Ch. 7114
Balance
−8.78
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−72.36% YoY
0.41% of Sub-Ch. 7114
Imports
9.54 ₹ Cr
0.0002% share
−5.92% YoY
23.09% of Sub-Ch. 7114
Balance
−11.74
Exports
2.10 ₹ Cr
0.0001% share
+176.32% YoY
1.33% of Sub-Ch. 7114
Imports
13.84 ₹ Cr
0.0002% share
+45.07% YoY
16.72% of Sub-Ch. 7114
CAGR · 7-Year
Exports
—
Imports
33.09% /yr
reference, FY 2024-25
Export
₹157.79 Cr
Import
₹82.78 Cr
Trade Balance
+75.01
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.
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.
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.
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.
India's imports under HSN Code 71142010 have grown at 33.09% CAGR, reaching ₹13.84 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 71142010 and GST compliance.
It includes 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.