HSN Code 47073000: Electric Insulating Press Board

HSN Code 47073000 represents Electric Insulating Press Board under GST classification. This code helps businesses identify Electric Insulating Press Board correctly for billing, taxation, and trade. With HSN Code 47073000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electric Insulating Press Board.

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Description of Goods for HSN Code 47073000

HSN Code 47073000 relates to the following description.

Description of Goods

Paper or paperboard made mainly of mechanical pulp (for example, newspapers, journals and similar printed matter)

Chapter

47 - Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard

Sub Chapter

4707 - Recovered (waste and scrap) paper or paperboard

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 47073000 not include?

Electric Insulating Press Board does not include products with the following descriptions.

Other paper or paperboard made mainly of bleached chemical pulp, not coloured in the mass

India’s Trade Performance — HSN Code 47073000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−94.23% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹241 Cr

−9.70% vs FY 2023-24

0.0040% of India’s total imports

Trade Balance

FY 2024-25

−₹241 Cr

Trade Deficit

Surplus rank #11449 of 12657 HSN codes

% of Sub-Chapter 4707

FY 2024-25

6.38%

Share of Sub-Chapter 4707’s total exports in FY 2024-25

Import side: 2.31% of Sub-Chapter 4707’s imports

Rank Within Sub-Chapter 4707

FY 2024-25

#3 of 4

Position by export value among HSN codes in Sub-Chapter 4707

Import-side rank: #4 of 4

At a glance

−25.82%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#10193

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+2,000.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

6.38%

Contribution to Sub-Ch. 4707

Share of Sub-Chapter 4707 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 47073000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8880

Balance

−4.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

12.59% of Sub-Ch. 4707

Imports

4.32 ₹ Cr

0.0001% share

YoY

0.05% of Sub-Ch. 4707

FY 2019-20 Exp. Rank #8308

Balance

−65.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+138.89% YoY

31.85% of Sub-Ch. 4707

Imports

65.90 ₹ Cr

0.0020% share

+1,425.46% YoY

0.78% of Sub-Ch. 4707

FY 2020-21

Balance

−310.16

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4707

Imports

310.16 ₹ Cr

0.0106% share

+370.65% YoY

3.76% of Sub-Ch. 4707

FY 2021-22 Exp. Rank #10198

Balance

−389.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.14% of Sub-Ch. 4707

Imports

389.53 ₹ Cr

0.0085% share

+25.59% YoY

2.82% of Sub-Ch. 4707

FY 2022-23 Exp. Rank #9259

Balance

−303.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,000.00% YoY

42.86% of Sub-Ch. 4707

Imports

303.71 ₹ Cr

0.0053% share

−22.03% YoY

2.00% of Sub-Ch. 4707

FY 2023-24 Exp. Rank #8769

Balance

−266.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+147.62% YoY

80.00% of Sub-Ch. 4707

Imports

267.06 ₹ Cr

0.0048% share

−12.07% YoY

2.52% of Sub-Ch. 4707

FY 2024-25 Exp. Rank #10193

Balance

−241.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.23% YoY

6.38% of Sub-Ch. 4707

Imports

241.16 ₹ Cr

0.0040% share

−9.70% YoY

2.31% of Sub-Ch. 4707

CAGR · 7-Year

Exports

−25.82% /yr

Imports

95.50% /yr

Consistently Deficit
Sub-Chapter 4707 total

reference, FY 2024-25

Export

₹0.47 Cr

Import

₹10,431.92 Cr

Trade Balance

−10,431.45

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 47073000 Export-Import Analysis

Export Decline: −25.82% CAGR Over 7 Years

India's exports under HSN Code 47073000 have declined at a compound annual rate of −25.82% over 7 fiscal years, falling from ₹0.18 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 47073000 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 47073000 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 4707, it ranks #3 of 4. By trade surplus, it ranks #11449 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 47073000 Exports

The strongest single-year export movement for HSN Code 47073000 was recorded in FY 2022-23, when exports surged by 2,000.00% over the prior year.

India Records a Trade Deficit of ₹241.13 Crore in HSN Code 47073000 Goods

In FY 2024-25, India's imports of ₹241.16 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹241.13 Crore — ranking #11449 of 12657 by surplus magnitude.

Import Growth of 95.50% CAGR Signals Rising Demand for Electric Insulating Press Board

India's imports under HSN Code 47073000 have grown at 95.50% CAGR, reaching ₹241.16 Crore in FY 2024-25.

HSN Code 47073000 Contributes 6.38% of Sub-Chapter 4707 Exports — Ranked #3

Among the 4 HSN codes under Sub-Chapter 4707, HSN Code 47073000 ranks #3 by export value — accounting for 6.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.31% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 47073000 and GST compliance.

What products are classified under HSN 47073000 ?

It includes Other waste/scrap: Unsorted waste

Any common misclassification issue with Electric Insulating Press Board?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Electric Insulating Press Board?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Electric Insulating Press Board?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

How should mixed supplies be billed when Electric Insulating Press Board is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electric Insulating Press Board; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Electric Insulating Press Board?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.