---
title: "HSN Code for Lab grown diamonds | HSN 71042010 GST Rate"
description: "Find HSN and GST Rates for 71042010 related to Lab grown diamonds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-71042010/"
---

# HSN Code 71042010: Lab grown diamonds

- [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 7104: Synthetic precious stones, unmounted](https://busy.in/hsn/sub-chapter-7104/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Laboratory-created or laboratory grown or manmade or cultured or synthetic diamonds | 0% | 0% | 0% | 0% |

## Frequently asked questions

### What products are classified under HSN 71042010 ?

It includes Zinc Coated Flat Steel (>=600mm)

### Do e‑way bill and e‑invoice apply for Lab grown diamonds?

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.

### Does packaging or labelling change the GST for Lab grown diamonds?

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 Lab grown diamonds is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lab grown diamonds; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Lab grown diamonds?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Any common misclassification issue with Lab grown diamonds?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How much GST applies to Lab grown diamonds?

Under HSN 71042010, Lab grown diamonds attracts Varies when sold in taxable form. Describe the exact form on the invoice.