Consistent Export Growth: 21.77% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7101 have grown at a compound annual rate of 21.77% over 7 fiscal years, rising from ₹18.64 Crore in FY 2018-19 to ₹60.76 Crore in FY 2024-25.
HSN Sub Chapter 7101 represents Natural Pearls under GST classification. This code helps businesses identify Natural Pearls correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7101, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural Pearls.
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GST Rate for Natural Pearls under HSN Code 7101. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Natural Pearls.
India’s Exports
FY 2024-25₹61 Cr
0.0016% of India’s total exports
India’s Imports
FY 2024-25₹243 Cr
0.0040% of India’s total imports
Trade Balance
FY 2024-25−₹182 Cr
Surplus rank #768 of 1233 subchapters
% of Chapter 71
FY 2024-250.02%
Share of Chapter 71’s total exports in FY 2024-25
Import side: 0.03% of Chapter 71’s imports
Rank Within Chapter 71
FY 2024-25#13 of 18
Position by export value among subchapters in Chapter 71
Import-side rank: #12 of 18
At a glance
21.77%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#887
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+227.77%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.02%
Contribution to Ch. 71
Share of Chapter 71 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
−120.34
Exports
18.64 ₹ Cr
0.0008% share
— YoY
0.01% of Ch. 71
Imports
138.98 ₹ Cr
0.0039% share
— YoY
0.03% of Ch. 71
Balance
−128.18
Exports
12.51 ₹ Cr
0.0006% share
−32.89% YoY
0.00% of Ch. 71
Imports
140.69 ₹ Cr
0.0042% share
+1.23% YoY
0.04% of Ch. 71
Balance
−34.90
Exports
6.89 ₹ Cr
0.0003% share
−44.92% YoY
0.00% of Ch. 71
Imports
41.79 ₹ Cr
0.0014% share
−70.30% YoY
0.01% of Ch. 71
Balance
−118.65
Exports
15.18 ₹ Cr
0.0005% share
+120.32% YoY
0.01% of Ch. 71
Imports
133.83 ₹ Cr
0.0029% share
+220.24% YoY
0.02% of Ch. 71
Balance
−215.12
Exports
26.25 ₹ Cr
0.0007% share
+72.92% YoY
0.01% of Ch. 71
Imports
241.37 ₹ Cr
0.0042% share
+80.36% YoY
0.04% of Ch. 71
Balance
−178.38
Exports
86.04 ₹ Cr
0.0024% share
+227.77% YoY
0.03% of Ch. 71
Imports
264.42 ₹ Cr
0.0047% share
+9.55% YoY
0.04% of Ch. 71
Balance
−182.43
Exports
60.76 ₹ Cr
0.0016% share
−29.38% YoY
0.02% of Ch. 71
Imports
243.19 ₹ Cr
0.0040% share
−8.03% YoY
0.03% of Ch. 71
CAGR · 7-Year
Exports
21.77% /yr
Imports
9.77% /yr
reference, FY 2024-25
Export
₹2,53,600.88 Cr
Import
₹7,52,091.61 Cr
Trade Balance
−4,98,490.73
India's exports under HSN Sub-Chapter 7101 have grown at a compound annual rate of 21.77% over 7 fiscal years, rising from ₹18.64 Crore in FY 2018-19 to ₹60.76 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7101 ranks #887 out of 1233 subchapters by total export value. Within Chapter 71, it ranks #13 of 18. By trade surplus, it ranks #768 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7101 was recorded in FY 2023-24, when exports surged by 227.77% over the prior year.
In FY 2024-25, India's imports of ₹243.19 Cr exceeded exports of ₹60.76 Cr, resulting in a trade deficit of ₹182.43 Crore — ranking #768 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7101 have grown at 9.77% CAGR, reaching ₹243.19 Crore in FY 2024-25.
Among the 18 subchapters under Chapter 71, HSN Sub-Chapter 7101 ranks #13 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #12).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 7101 and GST compliance.
It includes Natural Pearls
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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Use a delivery challan for sending Natural Pearls to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural Pearls is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.