What is the GST (IGST) rate for HSN code 71023910?

HSN code 71023910 (Diamond) attracts 1.50% IGST under Schedule VI of the GST notification.

What is the customs duty (BCD) for HSN code 71023910?

The Basic Customs Duty (BCD) for HSN code 71023910 is 10%. On import, the landed duty also adds Social Welfare Surcharge (on BCD) and IGST (on the duty-inclusive value).

What does HSN code 71023910 cover?

HSN code 71023910 covers Diamond. It sits under Chapter 71 – Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin, in Section XIV – NATURAL OR CULTURED PEARLS, PRECIOUS OR SEMI-PRECIOUS STONES, PRECIOUS METALS, METALS CLAD WITH PRECIOUS METAL AND ARTICLES THEREOF; IMITATION JEWELLERY; COIN.

What is the unit of measurement for HSN code 71023910?

The standard unit of quantity (UQC) for HSN code 71023910 is c/k, as listed in the Customs Tariff.

What is the HSN code for diamonds?

Non-industrial diamonds, cut or otherwise worked, are classified under 71023910; unsorted diamonds under 71021000, within heading 7102.

HSN Code Finder · Product

Diamond HSN Code 7102

Q: What is the HSN code for Diamond?

The HSN code for Diamond is 71023910, classified under Chapter 71 – Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin of India's Customs Tariff (ITC-HS).

1.5% IGSTSchedule VI

Diamonds, whether or not worked but not mounted or set, are classified under HSN heading 7102. Industrial and non-industrial (gem) diamonds are split into separate tariff items.

Search any HSN code

Heading

7102

Primary code

71023910

GST / IGST

1.5%

Customs duty (BCD)

10%

Diamond HSN codes & GST rates

The 8-digit HSN/HS codes under heading 7102 (diamonds, whether or not worked, but not mounted or set). Click any code for the full duty stack, IGST schedule and FTA preferential rates.

HSN code	Description	IGST	BCD
71021000	Unsorted	1.5%	10%
71022110	Sorted	1.5%	10%
71023910	Diamond, cut or otherwise worked but not mounted or set	1.5%	10%
71023990	Other _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _	1.5%	10%

FTA preferential rates: 16 partner agreement(s) listed for 71023910; best preferential rate 0% via Sri Lanka; 10 partner(s) at 0%. See full FTA breakdown →

What is the HSN code for diamond?

The HSN code for diamond is 7102 at the 4-digit heading level. For GST invoicing and customs filing you generally need the full 8-digit tariff item — for diamond the most common is 71023910, which attracts 1.5% IGST.

HSN (Harmonized System of Nomenclature) codes are India's standardised product-classification system used for both GST and customs. The first 2 digits are the chapter, 4 digits the heading, 6 digits the international subheading and 8 digits the India-specific tariff item. Always confirm the exact 8-digit code for your specific variant, and verify the rate against the latest CBIC/DGFT notification before filing.

How diamond is classified under HSN

The HSN classification for diamond narrows down level by level — from the broad section to the specific 8-digit tariff item used on your invoice and Bill of Entry.

Chapter 712-digitNatural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
71024-digit headingDIAMONDS, WHETHER OR NOT WORKED, BUT NOT MOUNTED OR SET
7102396-digit subheadingOthers :
710239108-digit tariff itemDiamond, cut or otherwise worked but not mounted or set

Section XIV — NATURAL OR CULTURED PEARLS, PRECIOUS OR SEMI-PRECIOUS STONES, PRECIOUS METALS, METALS CLAD WITH PRECIOUS METAL AND ARTICLES THEREOF; IMITATION JEWELLERY; COIN

GST on diamond

Diamond (HSN 7102) attracts 1.5% GST under GST Schedule VI. On a sale within the same state this is charged as 0.75% CGST + 0.75% SGST; on an inter-state sale or an import it is charged as a single 1.5% IGST. This is the rate recorded for the primary code 71023910 — other variants in the table above can carry different rates, so match your exact product and verify against the latest CBIC GST rate notification.

Customs duty on imported diamond

When diamond (HSN 71023910) is imported into India, the duty stack is approximately: Basic Customs Duty (BCD) 10%, AIDC 10%, Social Welfare Surcharge on the aggregate of customs duties, plus IGST 1.5% on the assessable value plus duties.

Indicative total duty on ₹100 of assessable value: ₹13.7815. This is an estimate — the actual amount depends on valuation, exemptions and the notifications in force on the date of import.

See the full duty breakdown for 71023910 →

Conclusion

The HSN code for diamond is 7102 at the heading level, with 71023910 the most commonly used 8-digit tariff item (1.5% GST). Always pick the 8-digit code that matches your exact product variant from the table above, and confirm the GST rate and customs duty against the latest CBIC/DGFT notifications before invoicing or filing a Bill of Entry.