HSN Code 71171920: Base Metal Coins

HSN Code 71171920 represents Base Metal Coins under GST classification. This code helps businesses identify Base Metal Coins correctly for billing, taxation, and trade. With HSN Code 71171920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Base Metal Coins.

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Description of Goods for HSN Code 71171920

HSN Code 71171920 relates to the following description.

Description of Goods

Of base metal, whether or not plated with precious metal : Other : German silver jewellery

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%

What does HSN Code 71171920 not include?

Base Metal Coins does not include products with the following descriptions.

Of base metal, whether or not plated with precious metal : Cuff-links and studs

Other : Jewellery studded with imitation pearls or imitation or synthetic stones

India’s Trade Performance — HSN Code 71171920 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

+126.42% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+218.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7627 of 12657 HSN codes

% of Sub-Chapter 7117

FY 2024-25

0.10%

Share of Sub-Chapter 7117’s total exports in FY 2024-25

Import side: 0.57% of Sub-Chapter 7117’s imports

Rank Within Sub-Chapter 7117

FY 2024-25

#6 of 6

Position by export value among HSN codes in Sub-Chapter 7117

Import-side rank: #6 of 6

At a glance

24.01%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8087

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+133.33%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.10%

Contribution to Sub-Ch. 7117

Share of Sub-Chapter 7117 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 71171920

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8468

Balance

−0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7117

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.21% of Sub-Ch. 7117

FY 2019-20 Exp. Rank #8241

Balance

+0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+42.42% YoY

0.04% of Sub-Ch. 7117

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−61.40% YoY

0.08% of Sub-Ch. 7117

FY 2020-21 Exp. Rank #8379

Balance

−0.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−12.77% YoY

0.04% of Sub-Ch. 7117

Imports

1.19 ₹ Cr

0.0000% share

+440.91% YoY

0.85% of Sub-Ch. 7117

FY 2021-22 Exp. Rank #9176

Balance

−2.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−48.78% YoY

0.02% of Sub-Ch. 7117

Imports

2.63 ₹ Cr

0.0001% share

+121.01% YoY

1.25% of Sub-Ch. 7117

FY 2022-23 Exp. Rank #8693

Balance

−1.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+133.33% YoY

0.04% of Sub-Ch. 7117

Imports

1.99 ₹ Cr

0.0000% share

−24.33% YoY

0.88% of Sub-Ch. 7117

FY 2023-24 Exp. Rank #8755

Balance

+0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+8.16% YoY

0.04% of Sub-Ch. 7117

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−74.87% YoY

0.19% of Sub-Ch. 7117

FY 2024-25 Exp. Rank #8087

Balance

−0.39

Exports

1.20 ₹ Cr

0.0000% share

+126.42% YoY

0.10% of Sub-Ch. 7117

Imports

1.59 ₹ Cr

0.0000% share

+218.00% YoY

0.57% of Sub-Ch. 7117

CAGR · 7-Year

Exports

24.01% /yr

Imports

18.65% /yr

Consistently Deficit
Sub-Chapter 7117 total

reference, FY 2024-25

Export

₹1,154.20 Cr

Import

₹277.95 Cr

Trade Balance

+876.25

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 71171920 Export-Import Analysis

Consistent Export Growth: 24.01% CAGR Over 7 Years

India's exports under HSN Code 71171920 have grown at a compound annual rate of 24.01% over 7 fiscal years, rising from ₹0.33 Crore in FY 2018-19 to ₹1.20 Crore in FY 2024-25.

HSN Code 71171920 Ranked #8087 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 71171920 ranks #8087 out of 12657 HSN codes by total export value. Within Sub-Chapter 7117, it ranks #6 of 6. By trade surplus, it ranks #7627 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 71171920 Exports

The strongest single-year export movement for HSN Code 71171920 was recorded in FY 2022-23, when exports surged by 133.33% over the prior year.

India Records a Trade Deficit of ₹0.39 Crore in HSN Code 71171920 Goods

In FY 2024-25, India's imports of ₹1.59 Cr exceeded exports of ₹1.20 Cr, resulting in a trade deficit of ₹0.39 Crore — ranking #7627 of 12657 by surplus magnitude.

Import Growth of 18.65% CAGR Signals Rising Demand for Base Metal Coins

India's imports under HSN Code 71171920 have grown at 18.65% CAGR, reaching ₹1.59 Crore in FY 2024-25.

HSN Code 71171920 Contributes 0.10% of Sub-Chapter 7117 Exports — Ranked #6

Among the 6 HSN codes under Sub-Chapter 7117, HSN Code 71171920 ranks #6 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.57% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71171920 and GST compliance.

What products are classified under HSN 71171920 ?

It includes Other Imitation jewellery

Any common misclassification issue with Base Metal Coins?

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 Base Metal Coins?

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.

How should mixed supplies be billed when Base Metal Coins is sold with other items?

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

Can we claim ITC on inputs used to trade Base Metal Coins?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Base Metal Coins?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.