HSN CODE - 71162000 : ARTICLES OF PRECIOUS OR SEMI PRECIOUS STONES(NATURAL SYNTHETIC/RECONSTRUCTED)

Harmonised System of Nomenclature (HSN Codes) 71162000 are used for the ARTICLES OF PRECIOUS OR SEMI PRECIOUS STONES(NATURAL SYNTHETIC/RECONSTRUCTED) 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 71162000

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 (16) represent the heading number which is ARTICLES OF NATURAL OR CULTURED PEARLS, PRECIOUS OR SEMI-PRECIOUS STONES (NATURAL, SYNTHETIC OR RECONSTRUCTED)

Next two digits (20) represent the product code which is

Last two digits (00) are for final or deeper classification which is ARTICLES OF PRECIOUS OR SEMI PRECIOUS STONES(NATURAL SYNTHETIC/RECONSTRUCTED)

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