HSN Code 71031023 -- – Precious stones (other than diamonds) and semiprecious stones, whether or not wo (GST Rate 0.25%)

HSN Code 71031023

Precious stones (other than diamonds) and semiprecious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport - unworked or simply sawn or roughly shaped: semi-precious stones: agate

HSN71031023

Precious stones (other than diamonds) and semiprecious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport - unworked or simply sawn or roughly shaped: semi-precious stones: agate

0.25%
IGST
Schedule V
CGST0.13%
SGST/UTGST0.13%
CessNil
Chapter: Chapter 71 -- Pearls, precious stones, metals, jewellery
Heading: 7103
Subheading: 710310
Source: Notification No. 9/2025 - Central Tax (Rate)
Effective from: 2025-09-22
Last verified: 2026-06-03

When does this rate apply?

Use this HSN Code on tax invoices when supplying Precious stones (other than diamonds) and semiprecious stones, whether or not wo. 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.

Create an invoice with this code → See all items at 0.25% →

Related codes from Pearls, precious stones, metals, jewellery

71031011
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71031012
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71031019
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Frequently asked questions

What is HSN Code 71031023?
HSN Code 71031023 is the official Harmonized System of Nomenclature code for Precious stones (other than diamonds) and semiprecious stones, whether or not worked or graded but not strung, mounted o, as per the CBIC GST rate schedule.
What is the GST rate for HSN Code 71031023?
HSN Code 71031023 attracts GST at 0.25% (IGST). For intra-state supplies, this is split as CGST 0.13% + SGST 0.13%. As per Notification No. 9/2025 - Central Tax (Rate).
Which chapter does HSN Code 71031023 belong to?
HSN Code 71031023 falls under Chapter 71 -- Pearls, precious stones, metals, jewellery of the GST tariff.
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