HSN Code 71039952: Tanzanite Precious or Semi-Precious Stones

HSN Code 71039952 represents Tanzanite Precious or Semi-Precious Stones under GST classification. This code helps businesses identify Tanzanite Precious or Semi-Precious Stones correctly for billing, taxation, and trade. With HSN Code 71039952, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tanzanite Precious or Semi-Precious Stones.

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Description of Goods for HSN Code 71039952

HSN Code 71039952 relates to the following description.

Description of Goods

Otherwise worked: Other: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Tanzanite

Chapter

71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

Sub Chapter

7103 - Synthetic or reconstructed precious or semiprecious stones [other than diamonds], whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semiprecious stones [other than diamonds], temporarily strung for convenience of transport; synthetic or reconstructed diamonds, unworked or simply sawn or roughly shaped"

CGST

0.125%

SGST

0.125%

IGST

0.25%

CESS

0%

What does HSN Code 71039952 not include?

Tanzanite Precious or Semi-Precious Stones does not include products with the following descriptions.

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: precious stones: emerald

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: precious stones: ruby and sapphire

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: precious stones: other

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)

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: garnet

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: agate

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: green aventurine

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: other

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species: : Emerald

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species: : Yellow/golden/pink/red/green beryl

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species: : Chrysoberyl (including chrysoberyl cat’s eye)

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species: : Alexandrite (including alexandrite cat’s eye)

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species: : Other

Unworked or simply sawn or roughly shaped:Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species: Ruby

Unworked or simply sawn or roughly shaped:Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species: Sapphire

Unworked or simply sawn or roughly shaped:Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species: moonstone

Unworked or simply sawn or roughly shaped:Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species: Other

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: Garnet

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: Lapis-lazuli

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: Other

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Prehnite

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Agate

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Aventurine

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Chalcedony

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Other

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Tourmaline

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Tanzanite

Unworked or simply sawn or roughly shaped: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Other

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: ruby, sapphire and emeralds

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: feldspar (moon stone)

Otherwise worked: Other: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species, other than “Emerald”: Yellow/golden/pink/red/green beryl

Otherwise worked: Other: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species, other than “Emerald”: Chrysoberyl (including chrysoberyl cat’s eye)

Otherwise worked: Other: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species, other than “Emerald”: Alexandrite (including alexandrite cat’s eye)

Otherwise worked: Other: Precious or semi-precious stones of “Beryl” and “Chrysoberyl” mineralogical species, other than “Emerald”: Other

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

Otherwise worked: Other: Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species, other than “Ruby” and “Sapphire”: moonstone

Otherwise worked: Other: Precious or semi-precious stones of “Corundum” and “Feldspar” mineralogical species, other than “Ruby” and “Sapphire”: Other

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: agate

Otherwise worked: Other: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: garnet

Otherwise worked: Other: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: Lapis-lazuli

Otherwise worked: Other: Precious or semi-precious stones of “Garnet” and “Lazurite” mineralogical species: Other

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: chalcedony

Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Prehnite

Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Agate

Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Aventurine

Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Chalcedony

Otherwise worked: Other: Precious or semi-precious stones of “Prehnite” and “Quartz” mineralogical species: Other

Otherwise worked: Other: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Tourmaline

Otherwise worked: Other: Precious or semi-precious stones of “Tourmaline” and “Zoisite” mineralogical species: Other

India’s Trade Performance — HSN Code 71039952 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹407 Cr

−4.83% vs FY 2023-24

0.0111% of India’s total exports

India’s Imports

FY 2024-25

₹181 Cr

−1.50% vs FY 2023-24

0.0030% of India’s total imports

Trade Balance

FY 2024-25

₹226 Cr

Trade Surplus

Surplus rank #1066 of 12657 HSN codes

% of Sub-Chapter 7103

FY 2024-25

10.36%

Share of Sub-Chapter 7103’s total exports in FY 2024-25

Import side: 2.96% of Sub-Chapter 7103’s imports

Rank Within Sub-Chapter 7103

FY 2024-25

#3 of 55

Position by export value among HSN codes in Sub-Chapter 7103

Import-side rank: #9 of 55

At a glance

#1175

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+38.22%

Peak Growth Year

FY 2022-23 · strongest single-year move

10.36%

Contribution to Sub-Ch. 7103

Share of Sub-Chapter 7103 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7103

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7103

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7103

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7103

FY 2020-21 Exp. Rank #1297

Balance

+182.46

Exports

214.22 ₹ Cr

0.0100% share

YoY

7.32% of Sub-Ch. 7103

Imports

31.76 ₹ Cr

0.0011% share

YoY

0.57% of Sub-Ch. 7103

FY 2021-22 Exp. Rank #1362

Balance

+221.27

Exports

268.11 ₹ Cr

0.0085% share

+25.16% YoY

4.32% of Sub-Ch. 7103

Imports

46.84 ₹ Cr

0.0010% share

+47.48% YoY

0.32% of Sub-Ch. 7103

FY 2022-23 Exp. Rank #1154

Balance

+227.97

Exports

370.58 ₹ Cr

0.0102% share

+38.22% YoY

9.66% of Sub-Ch. 7103

Imports

142.61 ₹ Cr

0.0025% share

+204.46% YoY

0.54% of Sub-Ch. 7103

FY 2023-24 Exp. Rank #1092

Balance

+243.91

Exports

428.16 ₹ Cr

0.0118% share

+15.54% YoY

9.92% of Sub-Ch. 7103

Imports

184.25 ₹ Cr

0.0033% share

+29.20% YoY

3.03% of Sub-Ch. 7103

FY 2024-25 Exp. Rank #1175

Balance

+226.00

Exports

407.48 ₹ Cr

0.0111% share

−4.83% YoY

10.36% of Sub-Ch. 7103

Imports

181.48 ₹ Cr

0.0030% share

−1.50% YoY

2.96% of Sub-Ch. 7103

Sub-Chapter 7103 total

reference, FY 2024-25

Export

₹3,934.04 Cr

Import

₹6,123.93 Cr

Trade Balance

−2,189.89

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71039952 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.