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HSN CODE - 71031021 : FELSPAR (MOON STONE)UNCUT
Harmonised System of Nomenclature (HSN Codes) 71031021 are used for the FELSPAR (MOON STONE)UNCUT 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 71031021
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 (03) represent the heading number which is PRECIOUS STONES (OTHER THAN DIAMONDS) AND SEMI-PRECIOUS 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
Next two digits (10) represent the product code which is Semi-precious stones
Last two digits (21) are for final or deeper classification which is FELSPAR (MOON STONE)UNCUT
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.