7113 HSN Code: Jewellery & parts of precious metals

HSN Sub Chapter 7113 represents Jewellery & parts of precious metals under GST classification. This code helps businesses identify Jewellery & parts of precious metals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7113, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Jewellery & parts of precious metals.

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New GST Rate for HSN Code 7113

GST Rate for Jewellery & parts of precious metals under HSN Code 7113. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

71

HSN Code

7113

HSN Description

Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

New GST Rate

3 %
Essential

Old GST Rate

3 %

Tariff HSN Codes under HSN Sub Chapter 7113

Following tariff HSN codes fall under Jewellery & parts of precious metals.

Tariff HSN

71131110

Description

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery with filigree work

Tariff HSN

71131120

Description

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery studded with gems

Tariff HSN

71131130

Description

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Other articles of Jewellery

Tariff HSN

71131141

Description

Unstudded

Tariff HSN

71131142

Description

Studded with pearls

Tariff HSN

71131143

Description

Studded with diamonds of heading 7102

Tariff HSN

71131144

Description

Studded with diamonds of heading 7104

Tariff HSN

71131145

Description

Studded with other precious and semi-precious stones

Tariff HSN

71131149

Description

Other

Tariff HSN

71131190

Description

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Parts

Tariff HSN

71131910

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, unstudded

Tariff HSN

71131911

Description

Unstudded

Tariff HSN

71131912

Description

Studded with pearls

Tariff HSN

71131913

Description

Studded with diamonds of heading 7102

Tariff HSN

71131914

Description

Studded with diamonds of heading 7104

Tariff HSN

71131915

Description

Studded with other precious and semi-precious stones

Tariff HSN

71131919

Description

Other

Tariff HSN

71131920

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with pearls

Tariff HSN

71131921

Description

Unstudded

Tariff HSN

71131922

Description

Studded with pearls

Tariff HSN

71131923

Description

Studded with diamonds of heading 7102

Tariff HSN

71131924

Description

Studded with diamonds of heading 7104

Tariff HSN

71131925

Description

Studded with other precious and semi-precious stones

Tariff HSN

71131929

Description

Other

Tariff HSN

71131930

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with diamonds

Tariff HSN

71131940

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with other precious and semi-precious stones

Tariff HSN

71131950

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal :Of platinum, unstudded

Tariff HSN

71131960

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Parts

Tariff HSN

71131990

Description

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Other

Tariff HSN

71132000

Description

Of base metal clad with precious metal

India’s Trade Performance — HSN Sub-Chapter 7113 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

₹1,06,341 Cr

−3.10% vs FY 2023-24

2.8714% of India’s total exports

India’s Imports

FY 2024-25

₹21,416 Cr

−20.88% vs FY 2023-24

0.3512% of India’s total imports

Trade Balance

FY 2024-25

₹84,925 Cr

Trade Surplus

Surplus rank #4 of 1233 subchapters

% of Chapter 71

FY 2024-25

41.93%

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

Import side: 2.85% of Chapter 71’s imports

Rank Within Chapter 71

FY 2024-25

#2 of 18

Position by export value among subchapters in Chapter 71

Import-side rank: #5 of 18

At a glance

2.82%

Export CAGR

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

#5

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+68.52%

Peak Growth Year

FY 2021-22 · strongest single-year move

41.93%

Contribution to Ch. 71

Share of Chapter 71 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7113

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 #4

Balance

+85,535.22

Exports

89,990.40 ₹ Cr

3.9205% share

— YoY

31.82% of Ch. 71

Imports

4,455.18 ₹ Cr

0.1241% share

— YoY

0.99% of Ch. 71

FY 2019-20 Exp. Rank #4

Balance

+92,446.29

Exports

97,013.09 ₹ Cr

4.3923% share

+7.80% YoY

37.98% of Ch. 71

Imports

4,566.80 ₹ Cr

0.1361% share

+2.51% YoY

1.19% of Ch. 71

FY 2020-21 Exp. Rank #5

Balance

+46,446.42

Exports

48,629.90 ₹ Cr

2.2609% share

−49.87% YoY

25.20% of Ch. 71

Imports

2,183.48 ₹ Cr

0.0749% share

−52.19% YoY

0.54% of Ch. 71

FY 2021-22 Exp. Rank #4

Balance

+77,250.84

Exports

81,950.96 ₹ Cr

2.6113% share

+68.52% YoY

27.99% of Ch. 71

Imports

4,700.12 ₹ Cr

0.1028% share

+115.26% YoY

0.77% of Ch. 71

FY 2022-23 Exp. Rank #5

Balance

+89,547.29

Exports

98,689.17 ₹ Cr

2.7257% share

+20.42% YoY

32.28% of Ch. 71

Imports

9,141.88 ₹ Cr

0.1590% share

+94.50% YoY

1.54% of Ch. 71

FY 2023-24 Exp. Rank #5

Balance

+82,673.17

Exports

1,09,740.83 ₹ Cr

3.0331% share

+11.20% YoY

40.33% of Ch. 71

Imports

27,067.66 ₹ Cr

0.4820% share

+196.08% YoY

4.16% of Ch. 71

FY 2024-25 Exp. Rank #5

Balance

+84,924.88

Exports

1,06,341.19 ₹ Cr

2.8714% share

−3.10% YoY

41.93% of Ch. 71

Imports

21,416.31 ₹ Cr

0.3512% share

−20.88% YoY

2.85% of Ch. 71

CAGR · 7-Year

Exports

2.82% /yr

Imports

29.91% /yr

Consistently Surplus
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 7113 Export-Import Analysis

Consistent Export Growth: 2.82% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7113 have grown at a compound annual rate of 2.82% over 7 fiscal years, rising from ₹89,990.40 Crore in FY 2018-19 to ₹1,06,341.19 Crore in FY 2024-25.

HSN Sub-Chapter 7113 Ranked #5 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7113 ranks #5 out of 1233 subchapters by total export value. Within Chapter 71, it ranks #2 of 18. By trade surplus, it ranks #4 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7113 Exports

The strongest single-year export movement for HSN Sub-Chapter 7113 was recorded in FY 2021-22, when exports surged by 68.52% over the prior year.

India Maintains a Trade Surplus of ₹84,924.88 Crore in HSN Sub-Chapter 7113 Goods

In FY 2024-25, India's exports of ₹1,06,341.19 Cr exceeded imports of ₹21,416.31 Cr, resulting in a trade surplus of ₹84,924.88 Crore — ranking #4 of 1233 by surplus magnitude.

Import Growth of 29.91% CAGR Signals Rising Demand for Jewellery & parts of precious metals

India's imports under HSN Sub-Chapter 7113 have grown at 29.91% CAGR, reaching ₹21,416.31 Crore in FY 2024-25.

HSN Sub-Chapter 7113 Contributes 41.93% of Chapter 71 Exports — Ranked #2

Among the 18 subchapters under Chapter 71, HSN Sub-Chapter 7113 ranks #2 by export value — accounting for 41.93% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.85% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7113 and GST compliance.

What products are classified under HSN 7113

It includes Jewellery & parts of precious metals

Do spares or accessories of Jewellery & parts of precious metals 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.

Does MRP, weight or pack size change GST treatment for Jewellery & parts of precious 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.

Is the composition scheme suitable if I mainly trade Jewellery & parts of precious 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.

If I repair and return Jewellery & parts of precious 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.

How do I bill a kit or combo that includes Jewellery & parts of precious 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.

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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