HSN Code 71031043 – Moonstone

HSN Code

71031043

Chapter

Digits

8-digit

Section

XIV

What is HSN Code 71031043?

HSN code 71031043 is the Harmonized System of Nomenclature classification for Moonstone under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.

This code belongs to Chapter 71 — Natural Or Cultured Pearls, Precious Or Semi-Precious Stones,…, which is part of Section XIV: Pearls, Precious Stones & Metals. Every GST-registered business supplying moonstone must quote HSN 71031043 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 71031043

Level	Code	Description
Chapter	71	natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
Heading	7103	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.
Sub-heading	710310	unworked or simply sawn or roughly shaped:
Tariff	71031043	moonstone

GST rate for HSN 71031043

Goods under HSN 71031043 attract GST at one of the five standard slabs. The exact rate depends on the specific product and the latest GST Council notification — always confirm before invoicing.

Nil / Exempt

Fresh produce, milk, cereals, books

Merit rate

Essentials, packaged food, transport

12%

Standard-low

Processed food, mobiles, apparel > ₹1,000

18%

Standard

Most goods, electronics, services

28%

Demerit / luxury

Cars, cement, aerated drinks, tobacco

Find the exact GST rate for Moonstone →

Related HSN codes

HSN Code	Description
71031011	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: precious stones: emerald
71031012	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: precious stones: ruby and sapphire
71031019	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: precious stones: other
71031021	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: semi-precious stones: feldspar (moon stone)
71031022	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: semi-precious stones: garnet
71031023	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: semi-precious stones: agate
71031024	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: semi-precious stones: green aventurine
71031029	precious stones (other than diamonds) and semiprecious 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 - unworked or simply sawn or roughly shaped: semi-precious stones: other
71031031	emerald
71031032	yellow/golden/pink/red/green beryl
71031033	chrysoberyl (including chrysoberyl cat's eye)
71031034	alexandrite (including alexandrite cat's eye)
71031039	other
71031041	ruby
71031042	sapphire
71031049	other
71031051	garnet
71031052	lapis-lazuli
71031059	other
71031061	prehnite
71031062	agate
71031063	aventurine
71031064	chalcedony
71031069	other
71031071	tourmaline
71031072	tanzanite
71031079	other
71031090	other

HSN Code 71031043 — FAQs

What is HSN code 71031043?

HSN code 71031043 classifies "Moonstone" under India's GST regime. It falls under Chapter 71 (Natural Or Cultured Pearls, Precious Or Semi-Precious Stones,…) of the Harmonized System of Nomenclature.

How many digits is HSN code 71031043?

71031043 is a 8-digit HSN code — a tariff item (8-digit). Businesses declare 4-digit HSN (turnover up to ₹5 crore) or 6-digit HSN (above ₹5 crore) on GST invoices; 8-digit codes are used for exports and imports.

What is the GST rate for HSN code 71031043?

Goods under HSN 71031043 are taxed at one of the GST slabs — 0%, 5%, 12%, 18% or 28% — depending on the exact product and the latest GST Council notification. Use the Laabam.One GST Rate Finder to confirm the current rate for Moonstone.

Which chapter does HSN code 71031043 belong to?

HSN 71031043 belongs to Chapter 71 — Natural Or Cultured Pearls, Precious Or Semi-Precious Stones,…, part of Section XIV: Pearls, Precious Stones & Metals.

Auto-fill HSN 71031043 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.

Start Free Trial Schedule Demo