HSN Code 71049090
Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung,mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport-other--laboratory created or laboratory grown or manmade or cultured or synthetic diamonds--other
Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung,mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport-other--laboratory created or laboratory grown or manmade or cultured or synthetic diamonds--other
When does this rate apply?
Use this HSN Code on tax invoices when supplying Synthetic or reconstructed precious or semi-precious stones, whether or not work. GST is charged at 0.25% (IGST for inter-state, or CGST 0.13% + SGST 0.13% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.