HSN Code 71171100 represents Precious Coins of Gold, Silver under GST classification. This code helps businesses identify Precious Coins of Gold, Silver correctly for billing, taxation, and trade. With HSN Code 71171100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Precious Coins of Gold, Silver.
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HSN Code 71171100 relates to the following description.
Description of Goods
Of base metal, whether or not plated with precious metal : Cuff-links and studs
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
7117 - Imitation jewellery
CGST
1.5%
SGST
1.5%
IGST
3%
CESS
0%
Precious Coins of Gold, Silver does not include products with the following descriptions.
Of base metal, whether or not plated with precious metal : Other : Bangles
Of base metal, whether or not plated with precious metal : Other : German silver jewellery
Of base metal, whether or not plated with precious metal : Other : Other
Other : Jewellery studded with imitation pearls or imitation or synthetic stones
Other : Other
Of base metal, whether or not plated with precious metal : Other : Bangles
Of base metal, whether or not plated with precious metal : Other : German silver jewellery
Of base metal, whether or not plated with precious metal : Other : Other
Other : Jewellery studded with imitation pearls or imitation or synthetic stones
Other : Other
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #8103 of 12657 HSN codes
% of Sub-Chapter 7117
FY 2024-250.20%
Share of Sub-Chapter 7117’s total exports in FY 2024-25
Import side: 1.42% of Sub-Chapter 7117’s imports
Rank Within Sub-Chapter 7117
FY 2024-25#5 of 6
Position by export value among HSN codes in Sub-Chapter 7117
Import-side rank: #4 of 6
At a glance
10.70%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7474
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+90.72%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.20%
Contribution to Sub-Ch. 7117
Share of Sub-Chapter 7117 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
−4.77
Exports
1.25 ₹ Cr
0.0001% share
— YoY
0.09% of Sub-Ch. 7117
Imports
6.02 ₹ Cr
0.0002% share
— YoY
2.17% of Sub-Ch. 7117
Balance
−2.46
Exports
1.06 ₹ Cr
0.0000% share
−15.20% YoY
0.08% of Sub-Ch. 7117
Imports
3.52 ₹ Cr
0.0001% share
−41.53% YoY
1.25% of Sub-Ch. 7117
Balance
−0.16
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−8.49% YoY
0.09% of Sub-Ch. 7117
Imports
1.13 ₹ Cr
0.0000% share
−67.90% YoY
0.81% of Sub-Ch. 7117
Balance
−1.46
Exports
1.85 ₹ Cr
0.0001% share
+90.72% YoY
0.15% of Sub-Ch. 7117
Imports
3.31 ₹ Cr
0.0001% share
+192.92% YoY
1.57% of Sub-Ch. 7117
Balance
−1.51
Exports
2.11 ₹ Cr
0.0001% share
+14.05% YoY
0.17% of Sub-Ch. 7117
Imports
3.62 ₹ Cr
0.0001% share
+9.37% YoY
1.60% of Sub-Ch. 7117
Balance
−1.68
Exports
2.61 ₹ Cr
0.0001% share
+23.70% YoY
0.22% of Sub-Ch. 7117
Imports
4.29 ₹ Cr
0.0001% share
+18.51% YoY
1.64% of Sub-Ch. 7117
Balance
−1.64
Exports
2.30 ₹ Cr
0.0001% share
−11.88% YoY
0.20% of Sub-Ch. 7117
Imports
3.94 ₹ Cr
0.0001% share
−8.16% YoY
1.42% of Sub-Ch. 7117
CAGR · 7-Year
Exports
10.70% /yr
Imports
−6.82% /yr
reference, FY 2024-25
Export
₹1,154.20 Cr
Import
₹277.95 Cr
Trade Balance
+876.25
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.
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.
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.
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.
India's imports under HSN Code 71171100 have grown at −6.82% CAGR, reaching ₹3.94 Crore in FY 2024-25.
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).
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 71171100 and GST compliance.
It includes Other Coin Articles
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 71171100, Precious Coins of Gold, Silver attracts Varies when sold in taxable form. Describe the exact form on the invoice.