--- title: "HSN Code for Tanzanite Precious or Semi-Precious Stones | HSN 71039952 GST Rate" description: "Find HSN and GST Rates for 71039952 related to Tanzanite Precious or Semi-Precious Stones with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71039952/" --- # HSN Code 71039952: Tanzanite 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: Tanzanite | 0.125% | 0.125% | 0.25% | 0% | ## Frequently asked questions ### What products are classified under HSN 71039952 ? It includes Piezo-electric Quartz ### Can we claim ITC on inputs used to trade Tanzanite 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 Tanzanite Precious or Semi-Precious Stones? Under HSN 71039952, Tanzanite Precious or Semi-Precious Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Tanzanite 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 Tanzanite Precious or Semi-Precious Stones; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Tanzanite 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. ### Any common misclassification issue with Tanzanite 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 Tanzanite 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. ## India's trade performance: HSN Code 71039952 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹407 Cr (−4.83% YoY) — 0.0111% of India's total exports - Imports: ₹181 Cr (−1.50% YoY) — 0.0030% of India's total imports - Trade balance: ₹226 Cr (Surplus); surplus rank #1066 of 12657 HSN codes - Share of Sub-Chapter 7103: 10.36% of its exports; import side 2.96% - Rank within Sub-Chapter 7103: #3 of 55 by export value; import-side #9 ### Key metrics - National export rank: #1175 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +38.22% in FY 2022-23 - Contribution to Sub-Ch. 7103: 10.36% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71039952 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 | 214.22 | 0.0100% | — | 7.32% | 31.76 | 0.0011% | — | 0.57% | +182.46 | #1297 | | FY 2021-22 | 268.11 | 0.0085% | +25.16% | 4.32% | 46.84 | 0.0010% | +47.48% | 0.32% | +221.27 | #1362 | | FY 2022-23 | 370.58 | 0.0102% | +38.22% | 9.66% | 142.61 | 0.0025% | +204.46% | 0.54% | +227.97 | #1154 | | FY 2023-24 | 428.16 | 0.0118% | +15.54% | 9.92% | 184.25 | 0.0033% | +29.20% | 3.03% | +243.91 | #1092 | | FY 2024-25 | 407.48 | 0.0111% | −4.83% | 10.36% | 181.48 | 0.0030% | −1.50% | 2.96% | +226.00 | #1175 | ## Key trade insights: HSN Code 71039952 export-import analysis ### Export snapshot for HSN Code 71039952 India exported ₹407.48 Crore worth of Tanzanite Precious or Semi-Precious Stones in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 71039952 ranked #1175 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71039952 ranks #1175 out of 12657 HSN codes by total export value. Within Sub-Chapter 7103, it ranks #3 of 55. By trade surplus, it ranks #1066 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 71039952 exports The strongest single-year export movement for HSN Code 71039952 was recorded in FY 2022-23, when exports surged by 38.22% over the prior year. ### India maintains a trade surplus of ₹226.00 Crore in HSN Code 71039952 goods In FY 2024-25, India's exports of ₹407.48 Cr exceeded imports of ₹181.48 Cr, resulting in a trade surplus of ₹226.00 Crore — ranking #1066 of 12657 by surplus magnitude. ### HSN Code 71039952 contributes 10.36% of Sub-Chapter 7103 exports — ranked #3 Among the 55 HSN codes under Sub-Chapter 7103, HSN Code 71039952 ranks #3 by export value — accounting for 10.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.96% share (rank #9). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-71039951/) | ₹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 |