---
title: "7108 HSN Code | HSN Code for Gold in unwrought or semi-forms in India"
description: "Know more about 7108 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7108 covering Gold in unwrought or semi-forms."
canonical: "https://busy.in/hsn/sub-chapter-7108/"
---

# HSN Sub-chapter 7108: Gold in unwrought or semi-forms

Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

Part of [Chapter 71: Natural Pearls & Metals](https://busy.in/hsn/chapter-71/).

- Current GST rate: 3%
- Earlier GST rate: 3%

## HSN codes

| Code | Title |
| --- | --- |
| 71081100 | [Gold Ores](https://busy.in/hsn/hsn-71081100/) |
| 71081200 | [Silver Ores](https://busy.in/hsn/hsn-71081200/) |
| 71081300 | [Other Metal Ores](https://busy.in/hsn/hsn-71081300/) |
| 71082000 | [Concentrates of Precious Metals](https://busy.in/hsn/hsn-71082000/) |

## Frequently asked questions

### What products are classified under HSN 7108

It includes Gold in unwrought or semi-forms

### If I repair and return Gold in unwrought or semi-forms, 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.

### Is the composition scheme suitable if I mainly trade Gold in unwrought or semi-forms?

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.

### Does MRP, weight or pack size change GST treatment for Gold in unwrought or semi-forms?

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.

### How are warranty replacements of Gold in unwrought or semi-forms 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.

### What should my invoice and records include for Gold in unwrought or semi-forms?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

## India's trade performance: HSN Sub-Chapter 7108 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹7,854 Cr (+862.21% YoY) — 0.2121% of India's total exports
- Imports: ₹4,89,749 Cr (+29.82% YoY) — 8.0312% of India's total imports
- Trade balance: −₹4,81,894 Cr (Deficit); surplus rank #1209 of 1233 sub-chapters
- Share of Chapter 71: 3.10% of its exports; import side 65.12%
- Rank within Chapter 71: #4 of 18 by export value; import-side #1

### Key metrics

- Export CAGR: 94.71% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #87 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +2,469.01% in FY 2022-23
- Contribution to Ch. 71: 3.10% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7108

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 Ch. 71 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 71 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 144.13 | 0.0063% | — | 0.05% | 2,29,536.50 | 6.3920% | — | 50.84% | −2,29,392.37 | #656 |
| FY 2019-20 | 574.27 | 0.0260% | +298.44% | 0.22% | 1,99,249.50 | 5.9395% | −13.19% | 51.73% | −1,98,675.23 | #379 |
| FY 2020-21 | 1,889.57 | 0.0879% | +229.04% | 0.98% | 2,54,288.47 | 8.7268% | +27.62% | 62.63% | −2,52,398.90 | #201 |
| FY 2021-22 | 46.40 | 0.0015% | −97.54% | 0.02% | 3,44,092.82 | 7.5284% | +35.32% | 56.51% | −3,44,046.42 | #885 |
| FY 2022-23 | 1,192.02 | 0.0329% | +2,469.01% | 0.39% | 2,80,479.24 | 4.8782% | −18.49% | 47.34% | −2,79,287.22 | #350 |
| FY 2023-24 | 816.29 | 0.0226% | −31.52% | 0.30% | 3,77,248.97 | 6.7176% | +34.50% | 58.04% | −3,76,432.68 | #413 |
| FY 2024-25 | 7,854.44 | 0.2121% | +862.21% | 3.10% | 4,89,748.79 | 8.0312% | +29.82% | 65.12% | −4,81,894.35 | #87 |

- CAGR (7-year): exports 94.71%/yr, imports 13.46%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 7108 export-import analysis

### Consistent export growth: 94.71% CAGR over 7 years

India's exports under HSN Sub-Chapter 7108 have grown at a compound annual rate of 94.71% over 7 fiscal years, rising from ₹144.13 Crore in FY 2018-19 to ₹7,854.44 Crore in FY 2024-25.

### HSN Sub-Chapter 7108 ranked #87 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7108 ranks #87 out of 1233 sub-chapters by total export value. Within Chapter 71, it ranks #4 of 18. By trade surplus, it ranks #1209 of 1233.

### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 7108 exports

The strongest single-year export movement for HSN Sub-Chapter 7108 was recorded in FY 2022-23, when exports surged by 2,469.01% over the prior year.

### India records a trade deficit of ₹4,81,894.35 Crore in HSN Sub-Chapter 7108 goods

In FY 2024-25, India's imports of ₹4,89,748.79 Cr exceeded exports of ₹7,854.44 Cr, resulting in a trade deficit of ₹4,81,894.35 Crore — ranking #1209 of 1233 by surplus magnitude.

### Import growth of 13.46% CAGR signals rising demand for Gold in unwrought or semi-forms

India's imports under HSN Sub-Chapter 7108 have grown at 13.46% CAGR, reaching ₹4,89,748.79 Crore in FY 2024-25.

### HSN Sub-Chapter 7108 contributes 3.10% of Chapter 71 exports — ranked #4

Among the 18 sub-chapters under Chapter 71, HSN Sub-Chapter 7108 ranks #4 by export value — accounting for 3.10% of the chapter's total exports in FY 2024-25. On the import side, it holds 65.12% share (rank #1).

## Related Sub-Chapters in Chapter 71

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 7102: Unworked Diamonds](https://busy.in/hsn/sub-chapter-7102/) | ₹1,16,388 Cr |
| #2 | [HSN Sub-Chapter 7113: Jewellery & parts of precious metals](https://busy.in/hsn/sub-chapter-7113/) | ₹1,06,341 Cr |
| #3 | [HSN Sub-Chapter 7104: Synthetic precious stones, unmounted](https://busy.in/hsn/sub-chapter-7104/) | ₹11,448 Cr |
| #4 | HSN Sub-Chapter 7108: Gold in unwrought or semi-forms (this hsn sub-chapter) | ₹7,854 Cr |
| #5 | [HSN Sub-Chapter 7106: Silver in various forms](https://busy.in/hsn/sub-chapter-7106/) | ₹4,029 Cr |
| #6 | [HSN Sub-Chapter 7103: Reconstructed precious stone](https://busy.in/hsn/sub-chapter-7103/) | ₹3,934 Cr |
| #7 | [HSN Sub-Chapter 7117: Imitation Jewelry](https://busy.in/hsn/sub-chapter-7117/) | ₹1,154 Cr |
| #8 | [HSN Sub-Chapter 7112: Precious metal scrap for recovery](https://busy.in/hsn/sub-chapter-7112/) | ₹1,000 Cr |
| #9 | [HSN Sub-Chapter 7110: Unwrought platinum](https://busy.in/hsn/sub-chapter-7110/) | ₹643 Cr |
| #10 | [HSN Sub-Chapter 7116: Precious stone articles](https://busy.in/hsn/sub-chapter-7116/) | ₹344 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 7101 | [Natural Pearls](https://busy.in/hsn/sub-chapter-7101/) |
| 7102 | [Unworked Diamonds](https://busy.in/hsn/sub-chapter-7102/) |
| 7103 | [Reconstructed precious stone](https://busy.in/hsn/sub-chapter-7103/) |
| 7104 | [Synthetic precious stones, unmounted](https://busy.in/hsn/sub-chapter-7104/) |
| 7105 | [Precious stone dust](https://busy.in/hsn/sub-chapter-7105/) |
| 7106 | [Silver in various forms](https://busy.in/hsn/sub-chapter-7106/) |
| 7107 | [Silver-clad metals](https://busy.in/hsn/sub-chapter-7107/) |
| 7109 | [Unprocessed staple fibres](https://busy.in/hsn/sub-chapter-7109/) |
| 7110 | [Unwrought platinum](https://busy.in/hsn/sub-chapter-7110/) |
| 7111 | [Platinum-clad metals](https://busy.in/hsn/sub-chapter-7111/) |
| 7112 | [Precious metal scrap for recovery](https://busy.in/hsn/sub-chapter-7112/) |
| 7113 | [Jewellery & parts of precious metals](https://busy.in/hsn/sub-chapter-7113/) |
| 7114 | [Precious metal articles & wares](https://busy.in/hsn/sub-chapter-7114/) |
| 7115 | [Precious Metal Items](https://busy.in/hsn/sub-chapter-7115/) |
| 7116 | [Precious stone articles](https://busy.in/hsn/sub-chapter-7116/) |
| 7117 | [Imitation Jewelry](https://busy.in/hsn/sub-chapter-7117/) |
| 7118 | [Coin](https://busy.in/hsn/sub-chapter-7118/) |