---
title: "HSN Code for Laboratory Articles of Precious Metal | HSN 71159010 GST Rate"
description: "Find HSN and GST Rates for 71159010 related to Laboratory Articles of Precious Metal with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71159010/"
---

# HSN Code 71159010: Laboratory Articles of Precious Metal

- [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 7115: Precious Metal Items](https://busy.in/hsn/sub-chapter-7115/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other: Laboratory and industrial articles of precious metal | 1.5% | 1.5% | 3% | 0% |

## Frequently asked questions

### What products are classified under HSN 71159010 ?

It includes Imitation Jewellery

### Does packaging or labelling change the GST for Laboratory 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.

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

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

### How much GST applies to Laboratory Articles of Precious Metal?

Under HSN 71159010, Laboratory Articles of Precious Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Laboratory Articles of 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 Laboratory Articles of 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.

## India's trade performance: HSN Code 71159010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹20 Cr (+53.26% YoY) — 0.0005% of India's total exports
- Imports: ₹471 Cr (+104.28% YoY) — 0.0077% of India's total imports
- Trade balance: −₹451 Cr (Deficit); surplus rank #11830 of 12657 HSN codes
- Share of Sub-Chapter 7115: 73.93% of its exports; import side 94.97%
- Rank within Sub-Chapter 7115: #1 of 4 by export value; import-side #1

### Key metrics

- Export CAGR: 194.92% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4895 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +4,233.33% in FY 2019-20
- Contribution to Sub-Ch. 7115: 73.93% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71159010

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. 7115 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7115 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.17% | 5.09 | 0.0001% | — | 22.24% | −5.06 | #9664 |
| FY 2019-20 | 1.30 | 0.0001% | +4,233.33% | 6.90% | 18.79 | 0.0006% | +269.16% | 34.87% | −17.49 | #7360 |
| FY 2020-21 | 2.36 | 0.0001% | +81.54% | 22.87% | 3.93 | 0.0001% | −79.08% | 14.00% | −1.57 | #6791 |
| FY 2021-22 | 6.10 | 0.0002% | +158.47% | 17.30% | 7.48 | 0.0002% | +90.33% | 20.65% | −1.38 | #6109 |
| FY 2022-23 | 8.46 | 0.0002% | +38.69% | 46.69% | 87.76 | 0.0015% | +1,073.26% | 45.54% | −79.30 | #5846 |
| FY 2023-24 | 12.88 | 0.0004% | +52.25% | 29.73% | 230.41 | 0.0041% | +162.55% | 91.37% | −217.53 | #5386 |
| FY 2024-25 | 19.74 | 0.0005% | +53.26% | 73.93% | 470.69 | 0.0077% | +104.28% | 94.97% | −450.95 | #4895 |

- CAGR (7-year): exports 194.92%/yr, imports 112.65%/yr (consistently Deficit)

## Key trade insights: HSN Code 71159010 export-import analysis

### Consistent export growth: 194.92% CAGR over 7 years

India's exports under HSN Code 71159010 have grown at a compound annual rate of 194.92% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹19.74 Crore in FY 2024-25.

### HSN Code 71159010 ranked #4895 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71159010 ranks #4895 out of 12657 HSN codes by total export value. Within Sub-Chapter 7115, it ranks #1 of 4. By trade surplus, it ranks #11830 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 71159010 exports

The strongest single-year export movement for HSN Code 71159010 was recorded in FY 2019-20, when exports surged by 4,233.33% over the prior year.

### India records a trade deficit of ₹450.95 Crore in HSN Code 71159010 goods

In FY 2024-25, India's imports of ₹470.69 Cr exceeded exports of ₹19.74 Cr, resulting in a trade deficit of ₹450.95 Crore — ranking #11830 of 12657 by surplus magnitude.

### Import growth of 112.65% CAGR signals rising demand for Laboratory Articles of Precious Metal

India's imports under HSN Code 71159010 have grown at 112.65% CAGR, reaching ₹470.69 Crore in FY 2024-25.

### HSN Code 71159010 contributes 73.93% of Sub-Chapter 7115 exports — ranked #1

Among the 4 HSN codes under Sub-Chapter 7115, HSN Code 71159010 ranks #1 by export value — accounting for 73.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 94.97% share (rank #1).

## Related HSN Codes in Sub-Chapter 7115

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 71159010: Laboratory Articles of Precious Metal (this hsn code) | ₹20 Cr |
| #2 | [HSN Code 71151000: Other Articles of Precious Metal](https://busy.in/hsn/hsn-71151000/) | ₹4 Cr |
| #3 | [HSN Code 71159090: Other Articles of Precious Metal](https://busy.in/hsn/hsn-71159090/) | ₹3 Cr |
| — | [HSN Code 71159020: Spinnerets Made Mainly of Gold](https://busy.in/hsn/hsn-71159020/) | Nil |