--- title: "HSN Code for Statuettes and other ornaments : Plated with precious metal : Trophies | HSN 83062120 GST Rate" description: "Find HSN and GST Rates for 83062120 related to Statuettes and other ornaments : Plated with precious metal : Trophies with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-83062120/" --- # HSN Code 83062120: Statuettes and other ornaments : Plated with precious metal : Trophies - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 83: Miscellaneous Base Metal Articles](https://busy.in/hsn/chapter-83/) - [Sub-chapter 8306: Metal Bells & Gongs](https://busy.in/hsn/sub-chapter-8306/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Statuettes and other ornaments : Plated with precious metal : Trophies | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 83062120 ? It includes Statuettes and other ornaments : Other : Other ### Can we claim ITC on inputs used to trade Statuettes and other ornaments : Plated with precious metal : Trophies? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Statuettes and other ornaments : Plated with precious metal : Trophies 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 : Trophies; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Statuettes and other ornaments : Plated with precious metal : Trophies? 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. ### Does packaging or labelling change the GST for Statuettes and other ornaments : Plated with precious metal : Trophies? 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 much GST applies to Statuettes and other ornaments : Plated with precious metal : Trophies? Under HSN 83062120, Statuettes and other ornaments : Plated with precious metal : Trophies attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Statuettes and other ornaments : Plated with precious metal : Trophies? 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 83062120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+16.30% YoY) — 0.0001% of India's total exports - Imports: ₹2 Cr (−46.67% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4903 of 12657 HSN codes - Share of Sub-Chapter 8306: 0.78% of its exports; import side 2.31% - Rank within Sub-Chapter 8306: #8 of 8 by export value; import-side #7 ### Key metrics - Export CAGR: 20.76% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7540 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +238.33% in FY 2021-22 - Contribution to Sub-Ch. 8306: 0.78% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 83062120 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. 8306 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8306 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.62% | 1.19 | 0.0000% | — | 1.13% | −0.50 | #7927 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +1.45% | 0.55% | 1.64 | 0.0000% | +37.82% | 2.86% | −0.94 | #7935 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −14.29% | 0.42% | < ₹1 Crore | 0.0000% | −89.02% | 0.88% | +0.42 | #8107 | | FY 2021-22 | 2.03 | 0.0001% | +238.33% | 1.06% | < ₹1 Crore | 0.0000% | +266.67% | 1.42% | +1.37 | #7300 | | FY 2022-23 | 1.93 | 0.0001% | −4.93% | 0.95% | < ₹1 Crore | 0.0000% | +40.91% | 1.55% | +1.00 | #7471 | | FY 2023-24 | 1.84 | 0.0001% | −4.66% | 0.73% | 3.30 | 0.0001% | +254.84% | 4.44% | −1.46 | #7652 | | FY 2024-25 | 2.14 | 0.0001% | +16.30% | 0.78% | 1.76 | 0.0000% | −46.67% | 2.31% | +0.38 | #7540 | - CAGR (7-year): exports 20.76%/yr, imports 6.74%/yr (consistently Surplus) ## Key trade insights: HSN Code 83062120 export-import analysis ### Consistent export growth: 20.76% CAGR over 7 years India's exports under HSN Code 83062120 have grown at a compound annual rate of 20.76% over 7 fiscal years, rising from ₹0.69 Crore in FY 2018-19 to ₹2.14 Crore in FY 2024-25. ### HSN Code 83062120 ranked #7540 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 83062120 ranks #7540 out of 12657 HSN codes by total export value. Within Sub-Chapter 8306, it ranks #8 of 8. By trade surplus, it ranks #4903 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 83062120 exports The strongest single-year export movement for HSN Code 83062120 was recorded in FY 2021-22, when exports surged by 238.33% over the prior year. ### India maintains a trade surplus of ₹0.38 Crore in HSN Code 83062120 goods In FY 2024-25, India's exports of ₹2.14 Cr exceeded imports of ₹1.76 Cr, resulting in a trade surplus of ₹0.38 Crore — ranking #4903 of 12657 by surplus magnitude. ### Import growth of 6.74% CAGR signals stable import dependency for Statuettes and other ornaments : Plated with precious metal : Trophies India's imports under HSN Code 83062120 have grown at 6.74% CAGR, reaching ₹1.76 Crore in FY 2024-25. ### HSN Code 83062120 contributes 0.78% of Sub-Chapter 8306 exports — ranked #8 Among the 8 HSN codes under Sub-Chapter 8306, HSN Code 83062120 ranks #8 by export value — accounting for 0.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.31% share (rank #7). ## Related HSN Codes in Sub-Chapter 8306 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 83061000: Bells, gongs and the like](https://busy.in/hsn/hsn-83061000/) | ₹129 Cr | | #2 | [HSN Code 83063000: Photograph, picture or similar frames; mirrors](https://busy.in/hsn/hsn-83063000/) | ₹75 Cr | | #3 | [HSN Code 83062990: Statuettes and other ornaments : Other : Other](https://busy.in/hsn/hsn-83062990/) | ₹33 Cr | | #4 | [HSN Code 83062910: Statuettes](https://busy.in/hsn/hsn-83062910/) | ₹19 Cr | | #5 | [HSN Code 83062190: Plated statuettes and ornaments](https://busy.in/hsn/hsn-83062190/) | ₹7 Cr | | #6 | [HSN Code 83062110: Statuettes and other ornaments: Plated with precious metal: Statuettes](https://busy.in/hsn/hsn-83062110/) | ₹6 Cr | | #7 | [HSN Code 83062920: Statuettes and other ornaments](https://busy.in/hsn/hsn-83062920/) | ₹4 Cr | | #8 | HSN Code 83062120: Statuettes and other ornaments : Plated with precious metal : Trophies (this hsn code) | ₹2 Cr |