HSN Code 71161000 represents Imitation Jewellery under GST classification. This code helps businesses identify Imitation Jewellery correctly for billing, taxation, and trade. With HSN Code 71161000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Imitation Jewellery.
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HSN Code 71161000 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 natural or cultured pearls, precious or semi-precious stones(natural, synthetic or reconstructed)
Of natural or cultured pearls
1.5%
1.5%
3%
0%
Description of Goods
Of natural or cultured pearls
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
7116 - Articles of natural or cultured pearls, precious or semi-precious stones(natural, synthetic or reconstructed)
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Imitation Jewellery does not include products with the following descriptions.
Of precious or semi-precious stones (natural, synthetic or reconstructed)
Of precious or semi-precious stones (natural, synthetic or reconstructed)
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹6 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #8138 of 12657 HSN codes
% of Sub-Chapter 7116
FY 2024-251.18%
Share of Sub-Chapter 7116’s total exports in FY 2024-25
Import side: 3.70% of Sub-Chapter 7116’s imports
Rank Within Sub-Chapter 7116
FY 2024-25#2 of 2
Position by export value among HSN codes in Sub-Chapter 7116
Import-side rank: #2 of 2
At a glance
−0.12%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6868
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+740.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.18%
Contribution to Sub-Ch. 7116
Share of Sub-Chapter 7116 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
+4.02
Exports
4.09 ₹ Cr
0.0002% share
— YoY
1.74% of Sub-Ch. 7116
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.14% of Sub-Ch. 7116
Balance
+0.09
Exports
2.05 ₹ Cr
0.0001% share
−49.88% YoY
0.93% of Sub-Ch. 7116
Imports
1.96 ₹ Cr
0.0001% share
+2,700.00% YoY
3.88% of Sub-Ch. 7116
Balance
+0.44
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−65.85% YoY
0.45% of Sub-Ch. 7116
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−86.73% YoY
0.81% of Sub-Ch. 7116
Balance
+3.78
Exports
5.88 ₹ Cr
0.0002% share
+740.00% YoY
1.81% of Sub-Ch. 7116
Imports
2.10 ₹ Cr
0.0000% share
+707.69% YoY
5.33% of Sub-Ch. 7116
Balance
+2.10
Exports
6.36 ₹ Cr
0.0002% share
+8.16% YoY
1.82% of Sub-Ch. 7116
Imports
4.26 ₹ Cr
0.0001% share
+102.86% YoY
4.56% of Sub-Ch. 7116
Balance
−1.43
Exports
2.94 ₹ Cr
0.0001% share
−53.77% YoY
0.77% of Sub-Ch. 7116
Imports
4.37 ₹ Cr
0.0001% share
+2.58% YoY
3.06% of Sub-Ch. 7116
Balance
−1.78
Exports
4.06 ₹ Cr
0.0001% share
+38.10% YoY
1.18% of Sub-Ch. 7116
Imports
5.84 ₹ Cr
0.0001% share
+33.64% YoY
3.70% of Sub-Ch. 7116
CAGR · 7-Year
Exports
−0.12% /yr
Imports
109.04% /yr
reference, FY 2024-25
Export
₹343.84 Cr
Import
₹157.94 Cr
Trade Balance
+185.90
India's exports under HSN Code 71161000 have declined at a compound annual rate of −0.12% over 7 fiscal years, falling from ₹4.09 Crore in FY 2018-19 to ₹4.06 Crore in FY 2024-25.
In FY 2024-25, HSN Code 71161000 ranks #6868 out of 12657 HSN codes by total export value. Within Sub-Chapter 7116, it ranks #2 of 2. By trade surplus, it ranks #8138 of 12657.
The strongest single-year export movement for HSN Code 71161000 was recorded in FY 2021-22, when exports surged by 740.00% over the prior year.
In FY 2024-25, India's imports of ₹5.84 Cr exceeded exports of ₹4.06 Cr, resulting in a trade deficit of ₹1.78 Crore — ranking #8138 of 12657 by surplus magnitude.
India's imports under HSN Code 71161000 have grown at 109.04% CAGR, reaching ₹5.84 Crore in FY 2024-25.
Among the 2 HSN codes under Sub-Chapter 7116, HSN Code 71161000 ranks #2 by export value — accounting for 1.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.70% 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 71161000 and GST compliance.
It includes Other Precious Metal Coins
Under HSN 71161000, Imitation Jewellery attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Imitation Jewellery; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.