--- title: "HSN Code for Precious Coins of Gold, Silver | HSN 71171100 GST Rate" description: "Find HSN and GST Rates for 71171100 related to Precious Coins of Gold, Silver with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71171100/" --- # HSN Code 71171100: Precious Coins of Gold, Silver - [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 7117: Imitation Jewelry](https://busy.in/hsn/sub-chapter-7117/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of base metal, whether or not plated with precious metal : Cuff-links and studs | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71171100 ? It includes Other Coin Articles ### How should mixed supplies be billed when Precious Coins of Gold, Silver is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Precious Coins of Gold, Silver; Nil for exempt items if applicable). ### Any common misclassification issue with Precious Coins of Gold, Silver? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Precious Coins of Gold, Silver? 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. ### Can we claim ITC on inputs used to trade Precious Coins of Gold, Silver? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Precious Coins of Gold, Silver? Under HSN 71171100, Precious Coins of Gold, Silver attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 71171100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (−11.88% YoY) — 0.0001% of India's total exports - Imports: ₹4 Cr (−8.16% YoY) — 0.0001% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8103 of 12657 HSN codes - Share of Sub-Chapter 7117: 0.20% of its exports; import side 1.42% - Rank within Sub-Chapter 7117: #5 of 6 by export value; import-side #4 ### Key metrics - Export CAGR: 10.70% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7474 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +90.72% in FY 2021-22 - Contribution to Sub-Ch. 7117: 0.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71171100 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. 7117 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7117 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.25 | 0.0001% | — | 0.09% | 6.02 | 0.0002% | — | 2.17% | −4.77 | #7415 | | FY 2019-20 | 1.06 | 0.0000% | −15.20% | 0.08% | 3.52 | 0.0001% | −41.53% | 1.25% | −2.46 | #7556 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −8.49% | 0.09% | 1.13 | 0.0000% | −67.90% | 0.81% | −0.16 | #7681 | | FY 2021-22 | 1.85 | 0.0001% | +90.72% | 0.15% | 3.31 | 0.0001% | +192.92% | 1.57% | −1.46 | #7411 | | FY 2022-23 | 2.11 | 0.0001% | +14.05% | 0.17% | 3.62 | 0.0001% | +9.37% | 1.60% | −1.51 | #7384 | | FY 2023-24 | 2.61 | 0.0001% | +23.70% | 0.22% | 4.29 | 0.0001% | +18.51% | 1.64% | −1.68 | #7291 | | FY 2024-25 | 2.30 | 0.0001% | −11.88% | 0.20% | 3.94 | 0.0001% | −8.16% | 1.42% | −1.64 | #7474 | - CAGR (7-year): exports 10.70%/yr, imports -6.82%/yr (consistently Deficit) ## Key trade insights: HSN Code 71171100 export-import analysis ### Consistent export growth: 10.70% CAGR over 7 years India's exports under HSN Code 71171100 have grown at a compound annual rate of 10.70% over 7 fiscal years, rising from ₹1.25 Crore in FY 2018-19 to ₹2.30 Crore in FY 2024-25. ### HSN Code 71171100 ranked #7474 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71171100 ranks #7474 out of 12657 HSN codes by total export value. Within Sub-Chapter 7117, it ranks #5 of 6. By trade surplus, it ranks #8103 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 71171100 exports The strongest single-year export movement for HSN Code 71171100 was recorded in FY 2021-22, when exports surged by 90.72% over the prior year. ### India records a trade deficit of ₹1.64 Crore in HSN Code 71171100 goods In FY 2024-25, India's imports of ₹3.94 Cr exceeded exports of ₹2.30 Cr, resulting in a trade deficit of ₹1.64 Crore — ranking #8103 of 12657 by surplus magnitude. ### Import growth of -6.82% CAGR signals stable import dependency for Precious Coins of Gold, Silver India's imports under HSN Code 71171100 have grown at -6.82% CAGR, reaching ₹3.94 Crore in FY 2024-25. ### HSN Code 71171100 contributes 0.20% of Sub-Chapter 7117 exports — ranked #5 Among the 6 HSN codes under Sub-Chapter 7117, HSN Code 71171100 ranks #5 by export value — accounting for 0.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.42% share (rank #4). ## Related HSN Codes in Sub-Chapter 7117 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71179090: Other Imitation jewellery](https://busy.in/hsn/hsn-71179090/) | ₹785 Cr | | #2 | [HSN Code 71171990: Other Coin Articles](https://busy.in/hsn/hsn-71171990/) | ₹199 Cr | | #3 | [HSN Code 71179010: Other Imitation Jewellery](https://busy.in/hsn/hsn-71179010/) | ₹99 Cr | | #4 | [HSN Code 71171910: Other Precious Metal Coins](https://busy.in/hsn/hsn-71171910/) | ₹67 Cr | | #5 | HSN Code 71171100: Precious Coins of Gold, Silver (this hsn code) | ₹2 Cr | | #6 | [HSN Code 71171920: Base Metal Coins](https://busy.in/hsn/hsn-71171920/) | ₹1 Cr |