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of <h1>GST 0.25% from 22 September 2025 on most precious and semi-precious stones under Schedule V (excl diamonds)</h1> From 22 September 2025, certain precious and semi-precious stones (excluding diamonds) are subject to GST at 0.25% under Schedule V; this covers stones whether or not worked or graded but not strung, mounted or set, and ungraded precious and semi-precious stones temporarily strung solely for convenience of transport. The change is made effective by relevant notification issued 17 September 2025 with effect from 22 September 2025.
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