Rate at a Glance
Chapter 71
GST rate guide
Gold, silver, platinum and jewellery are taxed at 3%. Rough diamonds and precious stones attract 0.25%, and cut and polished diamonds 1.5%.
Use this rate in hisabkitab: start free
Rates reflect GST changes effective 22 September 2025. Confirm the rate for your exact product description before filing.
All 14 HSN codes under 7103
| HSN code | Description |
|---|---|
| 71031011 | Unworked or simply sawn or roughly shaped: precious stones: emerald |
| 71031012 | Unworked or simply sawn or roughly shaped: precious stones: ruby and sapphire |
| 71031019 | Unworked or simply sawn or roughly shaped: precious stones: other |
| 71031021 | Unworked or simply sawn or roughly shaped: semi precious stones: feldspar (moon stone) |
| 71031022 | Unworked or simply sawn or roughly shaped: semi precious stones: garnet |
| 71031023 | Unworked or simply sawn or roughly shaped: semi precious stones: agate |
| 71031024 | Unworked or simply sawn or roughly shaped: semi precious stones: green aventurine |
| 71031029 | Unworked or simply sawn or roughly shaped: semi precious stones: other |
| 71039100 | Otherwise worked: ruby, sapphire and emeralds |
| 71039910 | Otherwise worked: other: feldspar (moon stone) |
| 71039920 | Otherwise worked: other: garnet |
| 71039930 | Otherwise worked: other: agate |
| 71039940 | Otherwise worked: other: chalcedony |
| 71039990 | Otherwise worked: other: other |
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FAQs
What is an HSN code?
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