HSN CODE - 71023910 : DIAMOND(OTHR THN INDSTRL DIAMOND)CUT OR OTHERWISE WORKED BUT NOT MOUNTED OR SET

Harmonised System of Nomenclature (HSN Codes) 71023910 are used for the DIAMOND(OTHR THN INDSTRL DIAMOND)CUT OR OTHERWISE WORKED BUT NOT MOUNTED OR SET 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 71023910

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 (39) represent the product code which is Other

Last two digits (10) are for final or deeper classification which is DIAMOND(OTHR THN INDSTRL DIAMOND)CUT OR OTHERWISE WORKED BUT NOT MOUNTED OR SET

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