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India FTA Duty Toolkit

Import duty on Emeralds (precious stones), unworked or simply sawn (HS 71031031) from the UAE to India

HS 71031031 · UAE to India · PRECIOUS STONES

Data last updated: · MFN duty & IGST verified against ICEGATE (Indian Customs EDI). CEPA preferential rate per the India–UAE CEPA schedule. Verify your exact HS line before filing.

Duty breakdown on a ₹10,00,000 shipment

Component Standard (MFN) CEPA
Basic customs duty ₹1,00,000 ₹0
Social Welfare Surcharge ₹10,000 ₹0
IGST ₹2,775 ₹2,500
Total duty ₹1,12,775 ₹2,500

CEPA duty saving on this example: ₹1,10,275 . Run your own numbers in the import-duty estimator.

What drives the rate

Importing emeralds (precious stones), unworked or simply sawn (HS 71031031) from the UAE to India attracts a standard MFN basic customs duty of 10%. Under the India–UAE CEPA the preferential basic customs duty is 0%. On a sample assessable value of ₹10,00,000, total duty falls from ₹1,12,775 at the MFN rate to ₹2,500 with CEPA — a saving of ₹1,10,275 per shipment. Emeralds are the highest-value coloured stone in this corridor, and Jaipur is India's cutting centre for them, drawing rough parcels routed through Dubai's coloured-stone trade. Unlike the special diamond rule, coloured precious stones must meet the standard 40% regional value content alongside a sub-heading change — a materially harder test, because rough stones carry little UAE-side processing value. Importers should model the value chain before claiming preference: if the stone was merely traded, not worked, in the UAE, it may fail origin and face the full MFN rate on assessment. Social Welfare Surcharge adds 10% on the basic duty and 0.25% IGST applies on top — though IGST is recoverable as input tax credit, so the lasting benefit is the basic-duty saving. Always confirm the live rate for HS 71031031 on ICEGATE or CBIC before filing.

Import compliance & clearances

Beyond duty, importing emeralds (precious stones), unworked or simply sawn (HS 71031031) into India requires the following regulatory clearances. The CEPA preferential rate does not waive any of these — they apply regardless of origin.

  • DGFT Valid IEC (Importer-Exporter Code) required; ITC(HS) import policy: Free source ↗

Indicative and non-exhaustive — verify the current DGFT / BIS / FSSAI / CDSCO notification for your exact 8-digit HS line before importing. Not customs or legal advice.

Frequently asked questions

What is the import duty on emeralds (precious stones), unworked or simply sawn from the UAE to India?
The standard MFN basic customs duty is 10%; under India–UAE CEPA the preferential rate is 0%. SWS adds 10% on the basic duty and 0.25% IGST applies on the CIF + BCD + SWS base.
How much can CEPA save on emeralds (precious stones), unworked or simply sawn?
On a CIF value of ₹10,00,000, total duty falls from ₹1,12,775 (MFN) to ₹2,500 (CEPA) — about ₹1,10,275 saved per shipment, scaling with consignment value.
What do I need to claim the CEPA rate on emeralds (precious stones), unworked or simply sawn?
A valid preferential Certificate of Origin (eCoO 2.0) proving UAE origin under the Rules of Origin. Without it, customs charges the 10% MFN rate.