HSN Code 83062110: Statuettes and other ornaments: Plated with precious metal: Statuettes

HSN Code 83062110 represents Statuettes and other ornaments: Plated with precious metal: Statuettes under GST classification. This code helps businesses identify Statuettes and other ornaments: Plated with precious metal: Statuettes correctly for billing, taxation, and trade. With HSN Code 83062110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Statuettes and other ornaments: Plated with precious metal: Statuettes.

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Description of Goods for HSN Code 83062110

HSN Code 83062110 relates to the following description.

Description of Goods

Statuettes and other ornaments : Plated with precious metal : Statuettes

Chapter

83 - Miscellaneous articles of base metal

Sub Chapter

8306 - Bells, gongs and the like, non-electric, of base metal; statuettes and other ornaments, of base metal; photograph, picture or similar frames, of base metal; mirrors of base metal

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 83062110 not include?

Statuettes and other ornaments: Plated with precious metal: Statuettes does not include products with the following descriptions.

India’s Trade Performance — HSN Code 83062110 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

₹6 Cr

−24.47% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+33.33% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹6 Cr

Trade Surplus

Surplus rank #3667 of 12657 HSN codes

% of Sub-Chapter 8306

FY 2024-25

2.34%

Share of Sub-Chapter 8306’s total exports in FY 2024-25

Import side: 1.21% of Sub-Chapter 8306’s imports

Rank Within Sub-Chapter 8306

FY 2024-25

#6 of 8

Position by export value among HSN codes in Sub-Chapter 8306

Import-side rank: #8 of 8

At a glance

11.87%

Export CAGR

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

#6322

National Export Rank

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

+108.13%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.34%

Contribution to Sub-Ch. 8306

Share of Sub-Chapter 8306 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 83062110

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 #6365

Balance

−40.61

Exports

3.29 ₹ Cr

0.0001% share

— YoY

2.94% of Sub-Ch. 8306

Imports

43.90 ₹ Cr

0.0012% share

— YoY

41.81% of Sub-Ch. 8306

FY 2019-20 Exp. Rank #6299

Balance

+2.63

Exports

3.43 ₹ Cr

0.0002% share

+4.26% YoY

2.71% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.18% YoY

1.39% of Sub-Ch. 8306

FY 2020-21 Exp. Rank #6483

Balance

+3.07

Exports

3.20 ₹ Cr

0.0001% share

−6.71% YoY

2.23% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−83.75% YoY

0.64% of Sub-Ch. 8306

FY 2021-22 Exp. Rank #6005

Balance

+6.06

Exports

6.66 ₹ Cr

0.0002% share

+108.13% YoY

3.47% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+361.54% YoY

1.29% of Sub-Ch. 8306

FY 2022-23 Exp. Rank #5775

Balance

+8.39

Exports

8.96 ₹ Cr

0.0002% share

+34.53% YoY

4.39% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−5.00% YoY

0.95% of Sub-Ch. 8306

FY 2023-24 Exp. Rank #5919

Balance

+7.85

Exports

8.54 ₹ Cr

0.0002% share

−4.69% YoY

3.41% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+21.05% YoY

0.93% of Sub-Ch. 8306

FY 2024-25 Exp. Rank #6322

Balance

+5.53

Exports

6.45 ₹ Cr

0.0002% share

−24.47% YoY

2.34% of Sub-Ch. 8306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

1.21% of Sub-Ch. 8306

CAGR · 7-Year

Exports

11.87% /yr

Imports

−47.49% /yr

Consistently Surplus
Sub-Chapter 8306 total

reference, FY 2024-25

Export

₹275.59 Cr

Import

₹76.26 Cr

Trade Balance

+199.33

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

Key Trade Insights: HSN Code 83062110 Export-Import Analysis

Consistent Export Growth: 11.87% CAGR Over 7 Years

India's exports under HSN Code 83062110 have grown at a compound annual rate of 11.87% over 7 fiscal years, rising from ₹3.29 Crore in FY 2018-19 to ₹6.45 Crore in FY 2024-25.

HSN Code 83062110 Ranked #6322 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 83062110 ranks #6322 out of 12657 HSN codes by total export value. Within Sub-Chapter 8306, it ranks #6 of 8. By trade surplus, it ranks #3667 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 83062110 Exports

The strongest single-year export movement for HSN Code 83062110 was recorded in FY 2021-22, when exports surged by 108.13% over the prior year.

India Maintains a Trade Surplus of ₹5.53 Crore in HSN Code 83062110 Goods

In FY 2024-25, India's exports of ₹6.45 Cr exceeded imports of ₹0.92 Cr, resulting in a trade surplus of ₹5.53 Crore — ranking #3667 of 12657 by surplus magnitude.

Import Growth of −47.49% CAGR Signals Stable Import Dependency for Statuettes and other ornaments: Plated with precious metal: Statuettes

India's imports under HSN Code 83062110 have grown at −47.49% CAGR, reaching ₹0.92 Crore in FY 2024-25.

HSN Code 83062110 Contributes 2.34% of Sub-Chapter 8306 Exports — Ranked #6

Among the 8 HSN codes under Sub-Chapter 8306, HSN Code 83062110 ranks #6 by export value — accounting for 2.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.21% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 83062110 and GST compliance.

What products are classified under HSN 83062110 ?

It includes Statuettes and other ornaments

Does packaging or labelling change the GST for Statuettes and other ornaments: Plated with precious metal: Statuettes?

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 Statuettes and other ornaments: Plated with precious metal: Statuettes is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Statuettes and other ornaments: Plated with precious metal: Statuettes; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Statuettes and other ornaments: Plated with precious metal: Statuettes?

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 Statuettes and other ornaments: Plated with precious metal: Statuettes?

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.

How much GST applies to Statuettes and other ornaments: Plated with precious metal: Statuettes?

Under HSN 83062110, Statuettes and other ornaments: Plated with precious metal: Statuettes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.