HSN Code 71151000 represents Other Articles of Precious Metal under GST classification. This code helps businesses identify Other Articles of Precious Metal correctly for billing, taxation, and trade. With HSN Code 71151000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Articles of Precious Metal.
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HSN Code 71151000 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
Other articles of precious metal or of metal clad with precious metal
Catalysts in the from of wire cloth or grill, of platinum
1.5%
1.5%
3%
0%
Description of Goods
Catalysts in the from of wire cloth or grill, of platinum
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
7115 - Other articles of precious metal or of metal clad with precious metal
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Other Articles of Precious Metal does not include products with the following descriptions.
Other: Laboratory and industrial articles of precious metal
Other: Spinneret’s made mainly of gold
Other: Other
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4142 of 12657 HSN codes
% of Sub-Chapter 7115
FY 2024-2515.02%
Share of Sub-Chapter 7115’s total exports in FY 2024-25
Import side: 0.31% of Sub-Chapter 7115’s imports
Rank Within Sub-Chapter 7115
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 7115
Import-side rank: #3 of 4
At a glance
−18.43%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6879
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+117.70%
Peak Growth Year
FY 2021-22 · strongest single-year move
15.02%
Contribution to Sub-Ch. 7115
Share of Sub-Chapter 7115 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
+10.89
Exports
13.61 ₹ Cr
0.0006% share
— YoY
74.90% of Sub-Ch. 7115
Imports
2.72 ₹ Cr
0.0001% share
— YoY
11.88% of Sub-Ch. 7115
Balance
+8.03
Exports
14.04 ₹ Cr
0.0006% share
+3.16% YoY
74.48% of Sub-Ch. 7115
Imports
6.01 ₹ Cr
0.0002% share
+120.96% YoY
11.15% of Sub-Ch. 7115
Balance
+5.57
Exports
6.61 ₹ Cr
0.0003% share
−52.92% YoY
64.05% of Sub-Ch. 7115
Imports
1.04 ₹ Cr
0.0000% share
−82.70% YoY
3.71% of Sub-Ch. 7115
Balance
+14.32
Exports
14.39 ₹ Cr
0.0005% share
+117.70% YoY
40.81% of Sub-Ch. 7115
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−93.27% YoY
0.19% of Sub-Ch. 7115
Balance
−72.11
Exports
2.43 ₹ Cr
0.0001% share
−83.11% YoY
13.41% of Sub-Ch. 7115
Imports
74.54 ₹ Cr
0.0013% share
+1,06,385.71% YoY
38.68% of Sub-Ch. 7115
Balance
−3.23
Exports
2.20 ₹ Cr
0.0001% share
−9.47% YoY
5.08% of Sub-Ch. 7115
Imports
5.43 ₹ Cr
0.0001% share
−92.72% YoY
2.15% of Sub-Ch. 7115
Balance
+2.46
Exports
4.01 ₹ Cr
0.0001% share
+82.27% YoY
15.02% of Sub-Ch. 7115
Imports
1.55 ₹ Cr
0.0000% share
−71.45% YoY
0.31% of Sub-Ch. 7115
CAGR · 7-Year
Exports
−18.43% /yr
Imports
−8.95% /yr
reference, FY 2024-25
Export
₹26.70 Cr
Import
₹495.64 Cr
Trade Balance
−468.94
India's exports under HSN Code 71151000 have declined at a compound annual rate of −18.43% over 7 fiscal years, falling from ₹13.61 Crore in FY 2018-19 to ₹4.01 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71151000 ranks #6879 out of 12657 HSN codes by total export value. Within Sub-Chapter 7115, it ranks #2 of 4. By trade surplus, it ranks #4142 of 12657.
The strongest single-year export movement for HSN Code 71151000 was recorded in FY 2021-22, when exports surged by 117.70% over the prior year.
In FY 2024-25, India's exports of ₹4.01 Cr exceeded imports of ₹1.55 Cr, resulting in a trade surplus of ₹2.46 Crore — ranking #4142 of 12657 by surplus magnitude.
India's imports under HSN Code 71151000 have grown at −8.95% CAGR, reaching ₹1.55 Crore in FY 2024-25.
Among the 4 HSN codes under Sub-Chapter 7115, HSN Code 71151000 ranks #2 by export value — accounting for 15.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.31% share (rank #3).
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 71151000 and GST compliance.
It includes Other Articles of Precious Metal
Under HSN 71151000, Other Articles of Precious Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Articles of Precious Metal; Nil for exempt items if applicable).