71039920

HSN Code 71039920: GST Rate & Description

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 - otherwise worked: other: garnet
HSN Chapter 71 — Precious Metals & Jewellery 8-digit code 3% GST
Parent codes: 71 — Natural or cultured pearls, precious or… 7103 — Precious stones (other than diamonds) an… 710399 — Other:
GST Rate Breakdown
CGST
1.5%
SGST / UTGST
1.5%
IGST
3%

CGST+SGST apply to intra-state transactions. IGST applies to inter-state and imports. Cess may apply additionally for certain goods.

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All HSN codes in Chapter 71 — Precious Metals & Jewellery (20 codes)
7101 Pearls, natural or cultured, whether or not work… 7102 Diamonds, whether or not worked, but not mounted… 7103 Precious stones (other than diamonds) and semi p… 7104 Synthetic or reconstructed precious or semipreci… 7105 Dust and powder of natural or synthetic precious… 7106 Silver (including silver plated with gold or pla… 7107 Base metals clad with silver, not further worked… 7108 Gold (including gold plated with platinum unwrou… 7109 Base metals or silver, clad with gold, not furth… 7110 Platinum, unwrought or in semi-manufactured form… 7111 Base metals, silver or gold, clad with platinum,… 7112 Waste and scrap of precious metal or of metal cl… 7113 Articles of jewellery and parts thereof, of prec… 7114 Articles of goldsmiths' or silversmiths' wares a… 7115 Other articles of precious metal or of metal cla… 7116 Articles of natural or cultured pearls, precious… 7117 Imitation jewellery 7118 Coin 7123 Mushrooms, wood ears (auricularia spp.), jelly f… 7133 Beans (vigna spp., phaseolus spp.)

About HSN Code 71039920

HSN code 71039920 is a 8-digit Harmonized System of Nomenclature (HSN) code used in India for GST classification. It 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 - otherwise worked: other: garnet.

This code falls under Chapter 71 (Precious Metals & Jewellery) of the Indian GST tariff. The applicable GST rate is 3% (CGST 1.5% + SGST 1.5% for intra-state, or IGST 3% for inter-state transactions).

Who needs this code? Any GST-registered business supplying goods classified under this HSN code must quote it on their tax invoices. Turnover above ₹5 crore requires 6-digit codes; exporters must use 8-digit HSN codes.

Frequently Asked Questions

What is HSN code 71039920?
HSN 71039920 refers to: 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 - otherwise worked: other: garnet. It belongs to Chapter 71 (Precious Metals & Jewellery) of the GST tariff.
What is the GST rate for HSN code 71039920?
The GST rate for HSN code 71039920 is 3% — CGST 1.5% + SGST 1.5% for intra-state, or IGST 3% for inter-state supply.
Is HSN code 71039920 mandatory on invoices?
Yes. If your business supplies goods/services under this code, you must quote the HSN/SAC code on GST invoices. Businesses with turnover below ₹5 crore use 4-digit HSN; above ₹5 crore use 6-digit; exporters use 8-digit.
What chapter does HSN code 71039920 belong to?
HSN code 71039920 belongs to Chapter 71 of the GST tariff, which covers Precious Metals & Jewellery.