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
PocketGST puts the correct HSN/SAC code and GST rate on every invoice line, splits CGST/SGST or IGST automatically, and works offline.
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