---
title: "7110 HSN Code | HSN Code for Unwrought platinum in India"
description: "Know more about 7110 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7110 covering Unwrought platinum."
canonical: "https://busy.in/hsn/sub-chapter-7110/"
---

# HSN Sub-chapter 7110: Unwrought platinum

Platinum, unwrought or in semi-manufactured form, 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 |
| --- | --- |
| 71101110 | [Synthetic Precious or Semi-Precious Stones – Diamonds](https://busy.in/hsn/hsn-71101110/) |
| 71101120 | [Synthetic Precious Stones of Other Types](https://busy.in/hsn/hsn-71101120/) |
| 71101900 | [Miscellaneous Synthetic Stones](https://busy.in/hsn/hsn-71101900/) |
| 71102100 | [Reconstructed Precious Stones](https://busy.in/hsn/hsn-71102100/) |
| 71102900 | [Other Reconstructed Stones](https://busy.in/hsn/hsn-71102900/) |
| 71103100 | [Goldsmiths’ Wares](https://busy.in/hsn/hsn-71103100/) |
| 71103900 | [Silversmiths’ Wares](https://busy.in/hsn/hsn-71103900/) |
| 71104100 | [Platinum or Other Precious Metal Wares](https://busy.in/hsn/hsn-71104100/) |
| 71104900 | [Precious Metal Jewellery and Other Articles](https://busy.in/hsn/hsn-71104900/) |

## Frequently asked questions

### What products are classified under HSN 7110

It includes Unwrought platinum

### Can reverse charge ever apply to transactions involving Unwrought platinum?

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

### What are the e‑way bill and e‑invoice points while moving Unwrought platinum?

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.

### Any import/export nuance for Unwrought platinum?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

### What misclassification mistakes happen with Unwrought platinum?

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.

### Do spares or accessories of Unwrought platinum follow the same HSN?

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.

### How are warranty replacements of Unwrought platinum 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.

## India's trade performance: HSN Sub-Chapter 7110 (FY 2024-25)

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

- Exports: ₹643 Cr (+129.24% YoY) — 0.0174% of India's total exports
- Imports: ₹46,307 Cr (+1,803.31% YoY) — 0.7594% of India's total imports
- Trade balance: −₹45,664 Cr (Deficit); surplus rank #1202 of 1233 sub-chapters
- Share of Chapter 71: 0.25% of its exports; import side 6.16%
- Rank within Chapter 71: #9 of 18 by export value; import-side #3

### Key metrics

- Export CAGR: 19.60% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #478 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +264.37% in FY 2023-24
- Contribution to Ch. 71: 0.25% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7110

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 | 219.74 | 0.0096% | — | 0.08% | 1,833.46 | 0.0511% | — | 0.41% | −1,613.72 | #595 |
| FY 2019-20 | 168.17 | 0.0076% | −23.47% | 0.07% | 2,580.98 | 0.0769% | +40.77% | 0.67% | −2,412.81 | #625 |
| FY 2020-21 | 353.50 | 0.0164% | +110.20% | 0.18% | 3,833.20 | 0.1315% | +48.52% | 0.94% | −3,479.70 | #487 |
| FY 2021-22 | 479.51 | 0.0153% | +35.65% | 0.16% | 3,756.35 | 0.0822% | −2.00% | 0.62% | −3,276.84 | #484 |
| FY 2022-23 | 76.98 | 0.0021% | −83.95% | 0.03% | 12,289.20 | 0.2137% | +227.16% | 2.07% | −12,212.22 | #841 |
| FY 2023-24 | 280.49 | 0.0078% | +264.37% | 0.10% | 2,432.98 | 0.0433% | −80.20% | 0.37% | −2,152.49 | #632 |
| FY 2024-25 | 642.99 | 0.0174% | +129.24% | 0.25% | 46,307.27 | 0.7594% | +1,803.31% | 6.16% | −45,664.28 | #478 |

- CAGR (7-year): exports 19.60%/yr, imports 71.29%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 7110 export-import analysis

### Consistent export growth: 19.60% CAGR over 7 years

India's exports under HSN Sub-Chapter 7110 have grown at a compound annual rate of 19.60% over 7 fiscal years, rising from ₹219.74 Crore in FY 2018-19 to ₹642.99 Crore in FY 2024-25.

### HSN Sub-Chapter 7110 ranked #478 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7110 ranks #478 out of 1233 sub-chapters by total export value. Within Chapter 71, it ranks #9 of 18. By trade surplus, it ranks #1202 of 1233.

### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 7110 exports

The strongest single-year export movement for HSN Sub-Chapter 7110 was recorded in FY 2023-24, when exports surged by 264.37% over the prior year.

### India records a trade deficit of ₹45,664.28 Crore in HSN Sub-Chapter 7110 goods

In FY 2024-25, India's imports of ₹46,307.27 Cr exceeded exports of ₹642.99 Cr, resulting in a trade deficit of ₹45,664.28 Crore — ranking #1202 of 1233 by surplus magnitude.

### Import growth of 71.29% CAGR signals rising demand for Unwrought platinum

India's imports under HSN Sub-Chapter 7110 have grown at 71.29% CAGR, reaching ₹46,307.27 Crore in FY 2024-25.

### HSN Sub-Chapter 7110 contributes 0.25% of Chapter 71 exports — ranked #9

Among the 18 sub-chapters under Chapter 71, HSN Sub-Chapter 7110 ranks #9 by export value — accounting for 0.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.16% share (rank #3).

## 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](https://busy.in/hsn/sub-chapter-7108/) | ₹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 (this hsn sub-chapter) | ₹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/) |
| 7108 | [Gold in unwrought or semi-forms](https://busy.in/hsn/sub-chapter-7108/) |
| 7109 | [Unprocessed staple fibres](https://busy.in/hsn/sub-chapter-7109/) |
| 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/) |