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<h1>Schedule V adds rough and sawn diamonds at concessional GST rate 0.25% effective 22 September 2025</h1> Rough or simply sawn diamonds, whether for industrial or non-industrial use, are classified in Schedule V as taxable under GST at a rate of 0.25% effective 22 September 2025 pursuant to the rate notification issued on 17 September 2025; the entry updates the GST treatment of these goods to the specified concessional rate from the stated effective date.