GST rate for precious and semi-precious stones revised, with schedule and notification implementing the change. Imposes GST at 0.25% effective 22-09-2025 on precious stones (other than diamonds) and semi-precious stones under Schedule V, covering stones whether or not worked or graded but not strung, mounted or set, and including ungraded stones temporarily strung for transport; implemented by the referenced IGST(Rate) notification.
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Provisions expressly mentioned in the judgment/order text.
GST rate for precious and semi-precious stones revised, with schedule and notification implementing the change.
Imposes GST at 0.25% effective 22-09-2025 on precious stones (other than diamonds) and semi-precious stones under Schedule V, covering stones whether or not worked or graded but not strung, mounted or set, and including ungraded stones temporarily strung for transport; implemented by the referenced IGST(Rate) notification.
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