--- title: "HSN Code for Tourmaline & Zoisite Precious or Semi-Precious Stones | HSN 71039951 GST Rate" description: "Find HSN and GST Rates for 71039951 related to Tourmaline & Zoisite Precious or Semi-Precious Stones with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71039951/" --- # HSN Code 71039951: Tourmaline & Zoisite Precious or Semi-Precious Stones - [Section 14: Guide to HSN Section 14](https://busy.in/hsn/section-14/) - [Chapter 71: Natural Pearls & Metals](https://busy.in/hsn/chapter-71/) - [Sub-chapter 7103: Reconstructed precious stone](https://busy.in/hsn/sub-chapter-7103/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Otherwise worked: Other: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Tourmaline | 0.125% | 0.125% | 0.25% | 0% | ## Frequently asked questions ### What products are classified under HSN 71039951 ? It includes Other Precious or Semi-Precious Stones ### Does packaging or labelling change the GST for Tourmaline & Zoisite Precious or Semi-Precious Stones? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### How should mixed supplies be billed when Tourmaline & Zoisite Precious or Semi-Precious Stones is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tourmaline & Zoisite Precious or Semi-Precious Stones; Nil for exempt items if applicable). ### Any common misclassification issue with Tourmaline & Zoisite Precious or Semi-Precious Stones? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Tourmaline & Zoisite Precious or Semi-Precious Stones? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Tourmaline & Zoisite Precious or Semi-Precious Stones? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Tourmaline & Zoisite Precious or Semi-Precious Stones? Under HSN 71039951, Tourmaline & Zoisite Precious or Semi-Precious Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 71039951 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹145 Cr (−19.46% YoY) — 0.0039% of India's total exports - Imports: ₹100 Cr (−26.82% YoY) — 0.0016% of India's total imports - Trade balance: ₹45 Cr (Surplus); surplus rank #2243 of 12657 HSN codes - Share of Sub-Chapter 7103: 3.68% of its exports; import side 1.63% - Rank within Sub-Chapter 7103: #7 of 55 by export value; import-side #12 ### Key metrics - National export rank: #2195 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +134.09% in FY 2022-23 - Contribution to Sub-Ch. 7103: 3.68% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71039951 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7103 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7103 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | 30.56 | 0.0014% | — | 1.04% | 1.70 | 0.0001% | — | 0.03% | +28.86 | #3633 | | FY 2021-22 | 52.04 | 0.0017% | +70.29% | 0.84% | 8.22 | 0.0002% | +383.53% | 0.06% | +43.82 | #3311 | | FY 2022-23 | 121.82 | 0.0034% | +134.09% | 3.17% | 66.30 | 0.0012% | +706.57% | 0.25% | +55.52 | #2286 | | FY 2023-24 | 179.69 | 0.0050% | +47.50% | 4.16% | 136.58 | 0.0024% | +106.00% | 2.25% | +43.11 | #1887 | | FY 2024-25 | 144.73 | 0.0039% | −19.46% | 3.68% | 99.95 | 0.0016% | −26.82% | 1.63% | +44.78 | #2195 | ## Key trade insights: HSN Code 71039951 export-import analysis ### Export snapshot for HSN Code 71039951 India exported ₹144.73 Crore worth of Tourmaline & Zoisite Precious or Semi-Precious Stones in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71039951 ranked #2195 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71039951 ranks #2195 out of 12657 HSN codes by total export value. Within Sub-Chapter 7103, it ranks #7 of 55. By trade surplus, it ranks #2243 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 71039951 exports The strongest single-year export movement for HSN Code 71039951 was recorded in FY 2022-23, when exports surged by 134.09% over the prior year. ### India maintains a trade surplus of ₹44.78 Crore in HSN Code 71039951 goods In FY 2024-25, India's exports of ₹144.73 Cr exceeded imports of ₹99.95 Cr, resulting in a trade surplus of ₹44.78 Crore — ranking #2243 of 12657 by surplus magnitude. ### HSN Code 71039951 contributes 3.68% of Sub-Chapter 7103 exports — ranked #7 Among the 55 HSN codes under Sub-Chapter 7103, HSN Code 71039951 ranks #7 by export value — accounting for 3.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.63% share (rank #12). ## Related HSN Codes in Sub-Chapter 7103 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71039130: Other Parts for Jewellery](https://busy.in/hsn/hsn-71039130/) | ₹1,833 Cr | | #2 | [HSN Code 71039990: Other Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039990/) | ₹412 Cr | | #3 | [HSN Code 71039952: Tanzanite Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039952/) | ₹407 Cr | | #4 | [HSN Code 71039110: Precious Metal Parts for Jewellery](https://busy.in/hsn/hsn-71039110/) | ₹247 Cr | | #5 | [HSN Code 71039120: Base Metal Parts for Jewellery](https://busy.in/hsn/hsn-71039120/) | ₹184 Cr | | #6 | [HSN Code 71039939: Other Articles of Base Metals](https://busy.in/hsn/hsn-71039939/) | ₹146 Cr | | #7 | HSN Code 71039951: Tourmaline & Zoisite Precious or Semi-Precious Stones (this hsn code) | ₹145 Cr | | #8 | [HSN Code 71039919: Other Articles of Precious Metals](https://busy.in/hsn/hsn-71039919/) | ₹113 Cr | | #9 | [HSN Code 71039949: Prehnite & Quartz Precious or Semi-Precious Stones](https://busy.in/hsn/hsn-71039949/) | ₹83 Cr | | #10 | [HSN Code 71039911: Precious Metal Foil and Leaf](https://busy.in/hsn/hsn-71039911/) | ₹56 Cr |