7018 HSN Code: Glass beads and imitation stones

HSN Sub Chapter 7018 represents Glass beads and imitation stones under GST classification. This code helps businesses identify Glass beads and imitation stones correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7018, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Glass beads and imitation stones.

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New GST Rate for HSN Code 7018

GST Rate for Glass beads and imitation stones under HSN Code 7018. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

70

HSN Code

7018

HSN Description

Glass beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares, and articles thereof other than imitation jewellery, glass eyes other than prosthetic articles; statuettes and other ornaments of lamp-worked glass, other than imitation jewellery; glass microspheres not exceeding 1 mm in diameter

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7018

Following tariff HSN codes fall under Glass beads and imitation stones.

Tariff HSN

70181010

Description

Glass beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares : Bangles

Tariff HSN

70181020

Description

Glass beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares : Beads

Tariff HSN

70181090

Description

Glass beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares : Other

Tariff HSN

70182000

Description

Glass microspheres not exceeding 1 mm in diameter

Tariff HSN

70189010

Description

Other : Glass statues

Tariff HSN

70189090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 7018 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

₹366 Cr

+16.75% vs FY 2023-24

0.0099% of India’s total exports

India’s Imports

FY 2024-25

₹1,276 Cr

+12.33% vs FY 2023-24

0.0209% of India’s total imports

Trade Balance

FY 2024-25

−₹910 Cr

Trade Deficit

Surplus rank #942 of 1233 subchapters

% of Chapter 70

FY 2024-25

3.79%

Share of Chapter 70’s total exports in FY 2024-25

Import side: 6.86% of Chapter 70’s imports

Rank Within Chapter 70

FY 2024-25

#7 of 19

Position by export value among subchapters in Chapter 70

Import-side rank: #4 of 19

At a glance

−2.03%

Export CAGR

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

#590

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+34.13%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.79%

Contribution to Ch. 70

Share of Chapter 70 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7018

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 #457

Balance

−639.50

Exports

414.32 ₹ Cr

0.0181% share

— YoY

6.23% of Ch. 70

Imports

1,053.82 ₹ Cr

0.0293% share

— YoY

11.12% of Ch. 70

FY 2019-20 Exp. Rank #549

Balance

−692.00

Exports

263.55 ₹ Cr

0.0119% share

−36.39% YoY

4.44% of Ch. 70

Imports

955.55 ₹ Cr

0.0285% share

−9.33% YoY

11.04% of Ch. 70

FY 2020-21 Exp. Rank #593

Balance

−393.04

Exports

214.77 ₹ Cr

0.0100% share

−18.51% YoY

3.49% of Ch. 70

Imports

607.81 ₹ Cr

0.0209% share

−36.39% YoY

8.15% of Ch. 70

FY 2021-22 Exp. Rank #590

Balance

−408.38

Exports

288.08 ₹ Cr

0.0092% share

+34.13% YoY

3.63% of Ch. 70

Imports

696.46 ₹ Cr

0.0152% share

+14.59% YoY

6.56% of Ch. 70

FY 2022-23 Exp. Rank #622

Balance

−646.91

Exports

282.34 ₹ Cr

0.0078% share

−1.99% YoY

3.36% of Ch. 70

Imports

929.25 ₹ Cr

0.0162% share

+33.42% YoY

6.60% of Ch. 70

FY 2023-24 Exp. Rank #611

Balance

−822.37

Exports

313.83 ₹ Cr

0.0087% share

+11.15% YoY

3.43% of Ch. 70

Imports

1,136.20 ₹ Cr

0.0202% share

+22.27% YoY

7.69% of Ch. 70

FY 2024-25 Exp. Rank #590

Balance

−909.86

Exports

366.40 ₹ Cr

0.0099% share

+16.75% YoY

3.79% of Ch. 70

Imports

1,276.26 ₹ Cr

0.0209% share

+12.33% YoY

6.86% of Ch. 70

CAGR · 7-Year

Exports

−2.03% /yr

Imports

3.24% /yr

Consistently Deficit
Chapter 70 total

reference, FY 2024-25

Export

₹9,665.87 Cr

Import

₹18,611.36 Cr

Trade Balance

−8,945.49

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

Key Trade Insights: HSN Sub-Chapter 7018 Export-Import Analysis

Export Decline: −2.03% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7018 have declined at a compound annual rate of −2.03% over 7 fiscal years, falling from ₹414.32 Crore in FY 2018-19 to ₹366.40 Crore in FY 2024-25.

HSN Sub-Chapter 7018 Ranked #590 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7018 ranks #590 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #7 of 19. By trade surplus, it ranks #942 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7018 Exports

The strongest single-year export movement for HSN Sub-Chapter 7018 was recorded in FY 2021-22, when exports surged by 34.13% over the prior year.

India Records a Trade Deficit of ₹909.86 Crore in HSN Sub-Chapter 7018 Goods

In FY 2024-25, India's imports of ₹1,276.26 Cr exceeded exports of ₹366.40 Cr, resulting in a trade deficit of ₹909.86 Crore — ranking #942 of 1233 by surplus magnitude.

Import Growth of 3.24% CAGR Signals Stable Import Dependency for Glass beads and imitation stones

India's imports under HSN Sub-Chapter 7018 have grown at 3.24% CAGR, reaching ₹1,276.26 Crore in FY 2024-25.

HSN Sub-Chapter 7018 Contributes 3.79% of Chapter 70 Exports — Ranked #7

Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7018 ranks #7 by export value — accounting for 3.79% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.86% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7018 and GST compliance.

What products are classified under HSN 7018

It includes Glass beads and imitation stones

What are the e‑way bill and e‑invoice points while moving Glass beads and imitation stones?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

How are warranty replacements of Glass beads and imitation stones handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

Can I claim ITC on inputs and services used for Glass beads and imitation stones?

If your outward supply of Glass beads and imitation stones is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Can reverse charge ever apply to transactions involving Glass beads and imitation stones?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Glass beads and imitation stones are forward charge. Check the current notifications for any special cases before deciding.

If I repair and return Glass beads and imitation stones, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

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.

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