Precious metals

GST rate on Diamonds (cut & polished)

Cut and polished diamonds are taxed at a special rate.

GST rate

3%

HSN code

7102

Intra-state split

1.5% CGST + 1.5% SGST

The GST rate on diamonds (cut & polished) in India is 3% under GST 2.0, classified under HSN code 7102. For an intra-state sale this is split as 1.5% CGST and 1.5% SGST; for an inter-state sale it is charged as a single 3% IGST.

Note: Rough diamonds attract a niche 0.25% rate — verify by category.

This is a commonly-applicable rate for quick reference under GST 2.0 (effective 22 September 2025). Rates and classifications can change with GST Council notifications — verify the exact rate on the official GST portal before issuing tax invoices.

Bill diamonds (cut & polished) with the right GST

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