HSN Code 71159020 represents Spinnerets Made Mainly of Gold under GST classification. This code helps businesses identify Spinnerets Made Mainly of Gold correctly for billing, taxation, and trade. With HSN Code 71159020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Spinnerets Made Mainly of Gold.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 71159020 relates to the following description.
Description of Goods
Other: Spinneret’s made mainly of 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
7115 - Other articles of precious metal or of metal clad with precious metal
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Spinnerets Made Mainly of Gold does not include products with the following descriptions.
Catalysts in the from of wire cloth or grill, of platinum
Other: Laboratory and industrial articles of precious metal
Other: Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26Nil
0.0000% of India’s total exports
India’s Imports
FY 2025-26< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2025-26−< ₹1 Crore
Surplus rank #7185 of 12872 HSN codes
% of Sub-Chapter 7115
FY 2025-260.00%
Share of Sub-Chapter 7115’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 7115’s imports
At a glance
+1,600.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.00%
Contribution to Sub-Ch. 7115
Share of Sub-Chapter 7115 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.11% of Sub-Ch. 7115
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.31% of Sub-Ch. 7115
Balance
+0.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,600.00% YoY
1.80% of Sub-Ch. 7115
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−71.43% YoY
0.04% of Sub-Ch. 7115
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7115
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7115
Balance
−0.02
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Sub-Ch. 7115
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.11% of Sub-Ch. 7115
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7115
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7115
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
Balance
−0.01
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7115
CAGR · 8-Year
Exports
—
Imports
−24.27% /yr
reference, FY 2025-26
Export
₹26.44 Cr
Import
₹1,254.73 Cr
Trade Balance
−1,228.29
India exported ₹0.00 Crore worth of Spinnerets Made Mainly of Gold in FY 2025-26. Multi-year trend data is being compiled for this hsn code.
The strongest single-year export movement for HSN Code 71159020 was recorded in FY 2019-20, when exports surged by 1,600.00% over the prior year.
In FY 2025-26, India's imports of ₹0.01 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.01 Crore — ranking #7185 of 12872 by surplus magnitude.
India's imports under HSN Code 71159020 have grown at −24.27% CAGR, reaching ₹0.01 Crore in FY 2025-26.
Clear answers to common queries about HSN Code 71159020 and GST compliance.
It includes Coin
Under HSN 71159020, Spinnerets Made Mainly of Gold attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Spinnerets Made Mainly of Gold; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.