Jewellery makers buy lab-grown gems as lower-cost alternatives to natural stones.
HSN code 71049120 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Worked synthetic or reconstructed precious stones of non-industrial grade, cut and polished for jewellery.
Label clearly as lab-grown, and provide grading if available.
Related HSN Codes (Heading 7104)
Frequently Asked Questions
No. HSN 71049120 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
Cut lab-grown gems are classified in this sub-code.
HSN 71049120 falls under Chapter 71 and Heading 7104 of India's customs tariff schedule.
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