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HSN CODE - 71022120 : UNSORTED INDUSTRIAL DIAMONDS

HSN CODE Description Policy
7102DIAMONDS, WHETHER OR NOT WORKED, BUT NOT MOUNTED OR SET
710221Unworked or simply sawn, cleaved or bruted
71022120UNSORTED INDUSTRIAL DIAMONDSFree

Harmonised System of Nomenclature (HSN Codes) 71022120 are used for the UNSORTED INDUSTRIAL DIAMONDS products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 71022120

First two digits (71) represent the chapter number which is Chapter 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin.

Next two digits (02) represent the heading number which is DIAMONDS, WHETHER OR NOT WORKED, BUT NOT MOUNTED OR SET

Next two digits (21) represent the product code which is Unworked or simply sawn, cleaved or bruted

Last two digits (20) are for final or deeper classification which is UNSORTED INDUSTRIAL DIAMONDS

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.