---
title: "HSN Code for Coin | HSN 71162000 GST Rate"
description: "Find HSN and GST Rates for 71162000 related to Coin with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71162000/"
---

# HSN Code 71162000: Coin

- [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 7116: Precious stone articles](https://busy.in/hsn/sub-chapter-7116/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of precious or semi-precious stones (natural, synthetic or reconstructed) | 1.5% | 1.5% | 3% | 0% |

## Frequently asked questions

### What products are classified under HSN 71162000 ?

It includes Base Metal Coins

### How should mixed supplies be billed when Coin is sold with other items?

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

### How much GST applies to Coin?

Under HSN 71162000, Coin attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Coin?

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.

### Do e‑way bill and e‑invoice apply for Coin?

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.

### Any common misclassification issue with Coin?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 71162000 (FY 2024-25)

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

- Exports: ₹340 Cr (−9.94% YoY) — 0.0092% of India's total exports
- Imports: ₹152 Cr (+10.04% YoY) — 0.0025% of India's total imports
- Trade balance: ₹188 Cr (Surplus); surplus rank #1188 of 12657 HSN codes
- Share of Sub-Chapter 7116: 98.82% of its exports; import side 96.30%
- Rank within Sub-Chapter 7116: #1 of 2 by export value; import-side #1

### Key metrics

- Export CAGR: 6.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1322 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +105.66% in FY 2021-22
- Contribution to Sub-Ch. 7116: 98.82% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 71162000

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. 7116 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7116 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 230.58 | 0.0101% | — | 98.26% | 50.49 | 0.0014% | — | 99.86% | +180.09 | #1201 |
| FY 2019-20 | 218.20 | 0.0099% | −5.37% | 99.07% | 48.62 | 0.0015% | −3.70% | 96.13% | +169.58 | #1244 |
| FY 2020-21 | 155.51 | 0.0072% | −28.73% | 99.55% | 31.67 | 0.0011% | −34.86% | 99.19% | +123.84 | #1622 |
| FY 2021-22 | 319.82 | 0.0102% | +105.66% | 98.19% | 37.26 | 0.0008% | +17.65% | 94.64% | +282.56 | #1242 |
| FY 2022-23 | 343.84 | 0.0095% | +7.51% | 98.18% | 89.25 | 0.0016% | +139.53% | 95.44% | +254.59 | #1218 |
| FY 2023-24 | 377.30 | 0.0104% | +9.73% | 99.23% | 138.21 | 0.0025% | +54.86% | 96.94% | +239.09 | #1198 |
| FY 2024-25 | 339.78 | 0.0092% | −9.94% | 98.82% | 152.09 | 0.0025% | +10.04% | 96.30% | +187.69 | #1322 |

- CAGR (7-year): exports 6.68%/yr, imports 20.18%/yr (consistently Surplus)

## Key trade insights: HSN Code 71162000 export-import analysis

### Consistent export growth: 6.68% CAGR over 7 years

India's exports under HSN Code 71162000 have grown at a compound annual rate of 6.68% over 7 fiscal years, rising from ₹230.58 Crore in FY 2018-19 to ₹339.78 Crore in FY 2024-25.

### HSN Code 71162000 ranked #1322 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 71162000 ranks #1322 out of 12657 HSN codes by total export value. Within Sub-Chapter 7116, it ranks #1 of 2. By trade surplus, it ranks #1188 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 71162000 exports

The strongest single-year export movement for HSN Code 71162000 was recorded in FY 2021-22, when exports surged by 105.66% over the prior year.

### India maintains a trade surplus of ₹187.69 Crore in HSN Code 71162000 goods

In FY 2024-25, India's exports of ₹339.78 Cr exceeded imports of ₹152.09 Cr, resulting in a trade surplus of ₹187.69 Crore — ranking #1188 of 12657 by surplus magnitude.

### Import growth of 20.18% CAGR signals rising demand for Coin

India's imports under HSN Code 71162000 have grown at 20.18% CAGR, reaching ₹152.09 Crore in FY 2024-25.

### HSN Code 71162000 contributes 98.82% of Sub-Chapter 7116 exports — ranked #1

Among the 2 HSN codes under Sub-Chapter 7116, HSN Code 71162000 ranks #1 by export value — accounting for 98.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 96.30% share (rank #1).

## Related HSN Codes in Sub-Chapter 7116

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 71162000: Coin (this hsn code) | ₹340 Cr |
| #2 | [HSN Code 71161000: Imitation Jewellery](https://busy.in/hsn/hsn-71161000/) | ₹4 Cr |