HSN Code 71131940: Synthetic Precious or Semi-Precious Stones

HSN Code 71131940 represents Synthetic Precious or Semi-Precious Stones under GST classification. This code helps businesses identify Synthetic Precious or Semi-Precious Stones correctly for billing, taxation, and trade. With HSN Code 71131940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Synthetic Precious or Semi-Precious Stones.

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Description of Goods for HSN Code 71131940

HSN Code 71131940 relates to the following description.

Description of Goods

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with other precious and semi-precious stones

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

7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

CGST

1.5%

SGST

1.5%

IGST

3%

CESS

0%

What does HSN Code 71131940 not include?

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

HSN Code 71131110

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery with filigree work

HSN Code 71131120

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Jewellery studded with gems

HSN Code 71131130

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Other articles of Jewellery

HSN Code 71131190

Of precious metal whether or not plated or clad with precious metal: Of silver, whether or not plated or clad with other precious metal: Parts

HSN Code 71131910

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, unstudded

HSN Code 71131920

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with pearls

HSN Code 71131930

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Of gold, set with diamonds

HSN Code 71131950

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal :Of platinum, unstudded

HSN Code 71131960

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Parts

HSN Code 71131990

Of precious metal whether or not plated or clad with precious metal: Of other precious metal, whether or not plated or clad with precious metal : Other

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Frequently Asked Questions

Clear answers to common queries about HSN Code 71131940 and GST compliance.

What products are classified under HSN 71131940 ?

It includes Other Articles of Precious Metal

How much GST applies to Synthetic Precious or Semi-Precious Stones?

Under HSN 71131940, Synthetic Precious or Semi-Precious Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Synthetic 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.

Any common misclassification issue with Synthetic 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.

Does packaging or labelling change the GST for Synthetic 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 Synthetic 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 Synthetic Precious or Semi-Precious Stones; Nil for exempt items if applicable).

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.