About HSN Code 71031021
HSN Code 71031021 covers 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: Feldspar (moon Stone) and attracts a GST rate of 0.25%. For intra-state supplies, this is split as 0.125% CGST + 0.125% SGST. For inter-state supplies, 0.25% IGST is charged.
How to Use HSN Code 71031021 on GST Invoices
- Include the HSN code 71031021 on every GST invoice for 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: feldspar (moon stone)
- Businesses with turnover above ₹5 crore must use 6-digit HSN codes
- Turnover between ₹1.5–5 crore: 4-digit codes are sufficient
- The HSN code must match the product/service description on your invoice
- Incorrect HSN codes can lead to GST notices and ITC mismatches
Related Free Tools
- HSN/SAC Code Search — Search 22,000+ product and service codes
- GST Calculator — Calculate CGST, SGST, IGST split
- GSTIN Validator — Verify any GSTIN number
- GST Due Date Calendar — Never miss a filing deadline
1010 automatically suggests the correct HSN code when you create invoices, using AI to match your product descriptions to the CBIC master list of 22,000+ codes. Start your free trial →