{"id":4087,"date":"2019-08-15T18:23:00","date_gmt":"2019-08-15T12:53:00","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=4087"},"modified":"2021-03-08T16:40:41","modified_gmt":"2021-03-08T11:10:41","slug":"india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/","title":{"rendered":"INDIA INTRODUCES EIGHT-DIGIT HS CODE FOR SYNTHETIC ROUGH DIAMONDS"},"content":{"rendered":"\n<p><strong>INDIA HAS <\/strong>become one of the early adopters of distinct HS Codes for both rough and polished synthetic diamonds, a consumer-friendly and trade-friendly initiative that enhances the ease of doing business.<\/p>\n\n\n\n<p>The new amendment bifurcates the earlier six-digit code into two categories. Henceforth, it proposes, all unworked or simply sawn or roughly shaped laboratory-created or laboratory-grown or man-made or cultured or synthetic diamonds will be covered by HS Code 7104.20.10, while all other synthetic gemstones (non-diamond) in the same categories will come under the separate HS Code 7104.20.90. Previously, rough lab-grown diamonds fell under the HS Code 7104-2000, defined as synthetic rough and rough other than synthetic. Now India has introduced a separate code for laboratorygrown\/synthetic rough diamonds.<\/p>\n\n\n\n<p>Pramod Kumar Agrawal, Chairman, Gem and Jewellery Export Promotion Council (GJEPC), said, \u2018We welcome the announcement of a separate, distinct HS Code for lab-grown synthetic diamonds introduced by the government during the Union Budget as it clearly distinguishes natural diamonds from lab-grown synthetic diamonds. This will go a long way in strengthening the efforts of the council to monitor the two pipelines and maintain their integrity.\u2019<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Type of diamonds\/precious stones<\/td><td>Origin<\/td><td>Key HS codes<\/td><\/tr><tr><td>Lab-grown (man-made) rough diamonds<\/td><td>Man-made diamond<\/td><td>71042010<\/td><\/tr><tr><td>Lab-grown (man-made) polished diamonds<\/td><td>Man-made diamond<\/td><td>71049010<\/td><\/tr><tr><td>Rough synthetic stone<\/td><td>Rough synthetic stone<\/td><td>71042090<\/td><\/tr><tr><td>Polished synthetic stone<\/td><td>Polished synthetic stone<\/td><td>71049090<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>INDIA HAS become one of the early adopters of distinct HS Codes for both rough and polished synthetic diamonds, a consumer-friendly and trade-friendly initiative that enhances the ease of doing business. The new amendment bifurcates the earlier six-digit code into two categories. Henceforth, it proposes, all unworked or simply sawn or roughly shaped laboratory-created or&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4088,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[],"thb-sponsors":[],"class_list":["post-4087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>INDIA INTRODUCES EIGHT-DIGIT HS CODE FOR SYNTHETIC ROUGH DIAMONDS - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INDIA INTRODUCES EIGHT-DIGIT HS CODE FOR SYNTHETIC ROUGH DIAMONDS - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"INDIA HAS become one of the early adopters of distinct HS Codes for both rough and polished synthetic diamonds, a consumer-friendly and trade-friendly initiative that enhances the ease of doing business. The new amendment bifurcates the earlier six-digit code into two categories. Henceforth, it proposes, all unworked or simply sawn or roughly shaped laboratory-created or&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-15T12:53:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-08T11:10:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/banner-21.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"602\" \/>\n\t<meta property=\"og:image:height\" content=\"308\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/02\/banner-21.jpg\",\"width\":602,\"height\":308},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/\",\"name\":\"INDIA INTRODUCES EIGHT-DIGIT HS CODE FOR SYNTHETIC ROUGH DIAMONDS - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/#primaryimage\"},\"datePublished\":\"2019-08-15T12:53:00+00:00\",\"dateModified\":\"2021-03-08T11:10:41+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/india-introduces-eight-digit-hs-code-for-synthetic-rough-diamonds\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/4087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=4087"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/4087\/revisions"}],"predecessor-version":[{"id":4089,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/4087\/revisions\/4089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/4088"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=4087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=4087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=4087"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=4087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}