GST classification for synthetic precious stones placed in Schedule V, altering applicable levy under new notification. GST designates synthetic or reconstructed precious or semi-precious stones (other than diamonds) - worked or graded but not strung, mounted or set - and ungraded synthetic or reconstructed stones temporarily strung for transport, as goods covered by Schedule V for a reduced levy; the entry excludes diamonds and includes synthetic or reconstructed diamonds in unworked or roughly shaped form, with the levy change implemented by a referenced notification.
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Provisions expressly mentioned in the judgment/order text.
GST classification for synthetic precious stones placed in Schedule V, altering applicable levy under new notification.
GST designates synthetic or reconstructed precious or semi-precious stones (other than diamonds) - worked or graded but not strung, mounted or set - and ungraded synthetic or reconstructed stones temporarily strung for transport, as goods covered by Schedule V for a reduced levy; the entry excludes diamonds and includes synthetic or reconstructed diamonds in unworked or roughly shaped form, with the levy change implemented by a referenced notification.
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