7107 HSN Code: Silver-clad metals

HSN Sub Chapter 7107 represents Silver-clad metals under GST classification. This code helps businesses identify Silver-clad metals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7107, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silver-clad metals.

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New GST Rate for HSN Code 7107

GST Rate for Silver-clad metals under HSN Code 7107. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

71

HSN Code

7107

HSN Description

Base metals clad with silver, not further worked than semi-manufactured

New GST Rate

3 %
Essential

Old GST Rate

3 %

Tariff HSN Codes under HSN Sub Chapter 7107

Following tariff HSN codes fall under Silver-clad metals.

Tariff HSN

71070000

Description

Base metals clad with silver, not further worked than semi-manufactured

India’s Trade Performance — HSN Sub-Chapter 7107 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

₹2 Cr

+54.42% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+111.69% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #551 of 1233 subchapters

% of Chapter 71

FY 2024-25

0.00%

Share of Chapter 71’s total exports in FY 2024-25

Import side: 0.00% of Chapter 71’s imports

Rank Within Chapter 71

FY 2024-25

#16 of 18

Position by export value among subchapters in Chapter 71

Import-side rank: #15 of 18

At a glance

30.48%

Export CAGR

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

#1117

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+167.39%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Ch. 71

Share of Chapter 71 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7107

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 #1158

Balance

−10.82

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 71

Imports

11.28 ₹ Cr

0.0003% share

— YoY

0.00% of Ch. 71

FY 2019-20 Exp. Rank #1121

Balance

+0.67

Exports

1.23 ₹ Cr

0.0001% share

+167.39% YoY

0.00% of Ch. 71

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.04% YoY

0.00% of Ch. 71

FY 2020-21 Exp. Rank #1091

Balance

+1.64

Exports

2.39 ₹ Cr

0.0001% share

+94.31% YoY

0.00% of Ch. 71

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+33.93% YoY

0.00% of Ch. 71

FY 2021-22 Exp. Rank #1125

Balance

−0.77

Exports

1.47 ₹ Cr

0.0000% share

−38.49% YoY

0.00% of Ch. 71

Imports

2.24 ₹ Cr

0.0000% share

+198.67% YoY

0.00% of Ch. 71

FY 2022-23 Exp. Rank #1129

Balance

−1.32

Exports

1.33 ₹ Cr

0.0000% share

−9.52% YoY

0.00% of Ch. 71

Imports

2.65 ₹ Cr

0.0000% share

+18.30% YoY

0.00% of Ch. 71

FY 2023-24 Exp. Rank #1136

Balance

−1.01

Exports

1.47 ₹ Cr

0.0000% share

+10.53% YoY

0.00% of Ch. 71

Imports

2.48 ₹ Cr

0.0000% share

−6.42% YoY

0.00% of Ch. 71

FY 2024-25 Exp. Rank #1117

Balance

−2.98

Exports

2.27 ₹ Cr

0.0001% share

+54.42% YoY

0.00% of Ch. 71

Imports

5.25 ₹ Cr

0.0001% share

+111.69% YoY

0.00% of Ch. 71

CAGR · 7-Year

Exports

30.48% /yr

Imports

−11.97% /yr

Consistently Deficit
Chapter 71 total

reference, FY 2024-25

Export

₹2,53,600.88 Cr

Import

₹7,52,091.61 Cr

Trade Balance

−4,98,490.73

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

Key Trade Insights: HSN Sub-Chapter 7107 Export-Import Analysis

Consistent Export Growth: 30.48% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7107 have grown at a compound annual rate of 30.48% over 7 fiscal years, rising from ₹0.46 Crore in FY 2018-19 to ₹2.27 Crore in FY 2024-25.

HSN Sub-Chapter 7107 Ranked #1117 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7107 ranks #1117 out of 1233 subchapters by total export value. Within Chapter 71, it ranks #16 of 18. By trade surplus, it ranks #551 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 7107 Exports

The strongest single-year export movement for HSN Sub-Chapter 7107 was recorded in FY 2019-20, when exports surged by 167.39% over the prior year.

India Records a Trade Deficit of ₹2.98 Crore in HSN Sub-Chapter 7107 Goods

In FY 2024-25, India's imports of ₹5.25 Cr exceeded exports of ₹2.27 Cr, resulting in a trade deficit of ₹2.98 Crore — ranking #551 of 1233 by surplus magnitude.

Import Growth of −11.97% CAGR Signals Stable Import Dependency for Silver-clad metals

India's imports under HSN Sub-Chapter 7107 have grown at −11.97% CAGR, reaching ₹5.25 Crore in FY 2024-25.

HSN Sub-Chapter 7107 Contributes 0.00% of Chapter 71 Exports — Ranked #16

Among the 18 subchapters under Chapter 71, HSN Sub-Chapter 7107 ranks #16 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7107 and GST compliance.

What products are classified under HSN 7107

It includes Silver-clad metals

Is the composition scheme suitable if I mainly trade Silver-clad metals?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Can reverse charge ever apply to transactions involving Silver-clad metals?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Silver-clad metals are forward charge. Check the current notifications for any special cases before deciding.

What misclassification mistakes happen with Silver-clad metals?

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.

Does packaging or branding change how GST applies to Silver-clad metals?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Silver-clad metals 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.

Does MRP, weight or pack size change GST treatment for Silver-clad metals?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

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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