What is HSN Code 71162000?
HSN code 71162000 is the Harmonized System of Nomenclature classification for Of Precious Or Semi-Precious Stones (Natural, Synthetic Or Reconstructed) 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 of precious or semi-precious stones (natural, synthetic or reconstructed) must quote HSN 71162000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.