--- title: "7111 HSN Code | HSN Code for Platinum-clad metals in India" description: "Know more about 7111 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7111 covering Platinum-clad metals." canonical: "https://busy.in/hsn/sub-chapter-7111/" --- # HSN Sub-chapter 7111: Platinum-clad metals Base metals, silver or gold, clad with platinum, not further worked than semimanufactured 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 | | --- | --- | | 71110000 | [Imitation Jewelry](https://busy.in/hsn/hsn-71110000/) | ## Frequently asked questions ### What products are classified under HSN 7111 It includes Platinum-clad metals ### What are the e‑way bill and e‑invoice points while moving Platinum-clad metals? 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. ### What misclassification mistakes happen with Platinum-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. ### How do I bill a kit or combo that includes Platinum-clad metals? 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. ### Any import/export nuance for Platinum-clad metals? 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. ### If I repair and return Platinum-clad metals, 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. ## India's trade performance: HSN Sub-Chapter 7111 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹4 Cr (+44.57% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #561 of 1233 sub-chapters - Share of Chapter 71: 0.00% of its exports; import side 0.00% ### Key metrics - Peak growth year: −100.00% in FY 2019-20 - Contribution to Ch. 71: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 7111 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 | < ₹1 Crore | 0.0000% | — | 0.00% | 1.44 | 0.0000% | — | 0.00% | −1.41 | #1196 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 1.45 | 0.0000% | +0.69% | 0.00% | −1.45 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | 4.20 | 0.0001% | +189.66% | 0.00% | −4.19 | #1198 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 7.26 | 0.0002% | +72.86% | 0.00% | −7.26 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 1.71 | 0.0000% | −76.45% | 0.00% | −1.71 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 2.67 | 0.0000% | +56.14% | 0.00% | −2.67 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 3.86 | 0.0001% | +44.57% | 0.00% | −3.86 | — | - CAGR (7-year): exports —/yr, imports 17.86%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 7111 export-import analysis ### Export snapshot for HSN Sub-Chapter 7111 India exported ₹0.00 Crore worth of Platinum-clad metals in FY 2024-25. Multi-year trend data is being compiled for this hsn sub-chapter. ### FY 2019-20 was the strongest growth year for HSN Sub-Chapter 7111 exports The strongest single-year export movement for HSN Sub-Chapter 7111 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹3.86 Crore in HSN Sub-Chapter 7111 goods In FY 2024-25, India's imports of ₹3.86 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹3.86 Crore — ranking #561 of 1233 by surplus magnitude. ### Import growth of 17.86% CAGR signals rising demand for Platinum-clad metals India's imports under HSN Sub-Chapter 7111 have grown at 17.86% CAGR, reaching ₹3.86 Crore in FY 2024-25. ## 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](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 | | — | HSN Sub-Chapter 7111: Platinum-clad metals (this hsn sub-chapter) | Nil | ## 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/) | | 7110 | [Unwrought platinum](https://busy.in/hsn/sub-chapter-7110/) | | 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/) |