GST Rate for Precious Stones - Chapter 71

Description GST Rate (%) Effective From
Base metals clad with silver, not further worked than semi-manufactured 3 28/06/2017
Base metals or silver, clad with gold, not further worked than semi-manufactured 3 28/06/2017
Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured 3 28/06/2017
Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport 3 28/06/2017
Diamonds, non-industrial unworked or simply sawn, cleaved or bruted, including unsorted diamonds 0.25 28/06/2017
Diamonds, whether or not worked, but not mounted or set [other than industrial or non-industrial Unworked or simply sawn, cleaved or bruted, including unsorted diamonds] 3 28/06/2017
Precious stones (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped 0.25 28/06/2017
Precious stones (other than diamonds) and semi-precious 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 [other than Unworked or simply sawn or roughly shaped] 3 28/06/2017
Synthetic or reconstructed precious or semi-precious stones, unworked or simply sawn or roughly shaped 0.25 28/06/2017
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 than Unworked or simply sawn or roughly shaped] 3 28/06/2017
Dust and powder of natural or synthetic precious or semi-precious stones 3 28/06/2017
Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
Platinum, unwrought or in semi-manufactured forms, or in powder form 3 28/06/2017
Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. 3 28/06/2017
Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal 3 28/06/2017
Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal 3 28/06/2017
Other articles of precious metal or of metal clad with precious metal 3 28/06/2017
Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) 3 28/06/2017
Imitation jewellery 3 28/06/2017
Coin 3 28/06/2017

HSN Code for Precious Stones - Chapter 71

HSN Code Description Related Export / Import HSN Code
7107 Base metals clad with silver, not further worked than semi-manufactured 71070000
7109 Base metals or silver, clad with gold, not further worked than semi-manufactured 71090000
7111 Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured 71110000
7101 Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport 71011010, 71011020, 71012100, 71012200
7102 Diamonds, non-industrial unworked or simply sawn, cleaved or bruted, including unsorted diamonds 71021000, 71022110, 71022120, 71022910, 71022990, 71023100, 71023910, 71023990
7102 Diamonds, whether or not worked, but not mounted or set [other than industrial or non-industrial Unworked or simply sawn, cleaved or bruted, including unsorted diamonds] 71021000, 71022110, 71022120, 71022910, 71022990, 71023100, 71023910, 71023990
7103 Precious stones (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped 71031011, 71031012, 71031019, 71031021, 71031022, 71031023, 71031024, 71031029, 71039100, 71039910, 71039920, 71039930, 71039940, 71039990
7103 Precious stones (other than diamonds) and semi-precious 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 [other than Unworked or simply sawn or roughly shaped] 71031011, 71031012, 71031019, 71031021, 71031022, 71031023, 71031024, 71031029, 71039100, 71039910, 71039920, 71039930, 71039940, 71039990
7104 Synthetic or reconstructed precious or semi-precious stones, unworked or simply sawn or roughly shaped 71041000, 71042000, 71049000
7104 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 than Unworked or simply sawn or roughly shaped] 71041000, 71042000, 71049000
7105 Dust and powder of natural or synthetic precious or semi-precious stones 71051000, 71059000
7106 Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form 71061000, 71069100, 71069210, 71069290
7108 Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form 71081100, 71081200, 71081300, 71082000
7110 Platinum, unwrought or in semi-manufactured forms, or in powder form 71101110, 71101120, 71101900, 71102100, 71102900, 71103100, 71103900, 71104100, 71104900
7112 Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. 71123000, 71129100, 71129200, 71129910, 71129920, 71129990
7113 Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal 71131110, 71131120, 71131130, 71131190, 71131910, 71131920, 71131930, 71131940, 71131950, 71131960, 71131990, 71132000
7114 Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal 71141110, 71141120, 71141910, 71141920, 71141930, 71142010, 71142020, 71142030
7115 Other articles of precious metal or of metal clad with precious metal 71151000, 71159010, 71159020, 71159090
7116 Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) 71161000, 71162000
7117 Imitation jewellery 71171100, 71171910, 71171920, 71171990, 71179010, 71179090
7118 Coin 71181000, 71189000

Disclaimer: There may be some variations in given GST rates as per the Government's latest updates followed by GST Council meeting. If you are looking for GST rate before "Effective from", please check on government website.

Tags

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