HSN Code 49070030: IT software docs

HSN Code 49070030 represents IT software docs under GST classification. This code helps businesses identify IT software docs correctly for billing, taxation, and trade. With HSN Code 49070030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of IT software docs.

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Description of Goods for HSN Code 49070030

HSN Code 49070030 relates to the following description.

Description of Goods

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Documents of title conveying the right to use Information Technology software

Chapter

49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans

Sub Chapter

4907 - Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 49070030 not include?

IT software docs does not include products with the following descriptions.

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Bank notes

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Other

India’s Trade Performance — HSN Code 49070030 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

−20.49% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹240 Cr

−1.41% vs FY 2023-24

0.0039% of India’s total imports

Trade Balance

FY 2024-25

−₹239 Cr

Trade Deficit

Surplus rank #11442 of 12657 HSN codes

% of Sub-Chapter 4907

FY 2024-25

1.42%

Share of Sub-Chapter 4907’s total exports in FY 2024-25

Import side: 99.63% of Sub-Chapter 4907’s imports

Rank Within Sub-Chapter 4907

FY 2024-25

#2 of 4

Position by export value among HSN codes in Sub-Chapter 4907

Import-side rank: #1 of 4

At a glance

3.48%

Export CAGR

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

#8275

National Export Rank

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

+1,835.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.42%

Contribution to Sub-Ch. 4907

Share of Sub-Chapter 4907 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 49070030

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 #7825

Balance

−227.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.33% of Sub-Ch. 4907

Imports

228.40 ₹ Cr

0.0064% share

YoY

96.18% of Sub-Ch. 4907

FY 2019-20 Exp. Rank #7503

Balance

−246.17

Exports

1.11 ₹ Cr

0.0001% share

+40.51% YoY

0.87% of Sub-Ch. 4907

Imports

247.28 ₹ Cr

0.0074% share

+8.27% YoY

97.15% of Sub-Ch. 4907

FY 2020-21 Exp. Rank #8395

Balance

−273.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−63.96% YoY

2.12% of Sub-Ch. 4907

Imports

274.32 ₹ Cr

0.0094% share

+10.94% YoY

82.61% of Sub-Ch. 4907

FY 2021-22 Exp. Rank #5808

Balance

−249.60

Exports

7.74 ₹ Cr

0.0002% share

+1,835.00% YoY

26.26% of Sub-Ch. 4907

Imports

257.34 ₹ Cr

0.0056% share

−6.19% YoY

99.77% of Sub-Ch. 4907

FY 2022-23 Exp. Rank #5392

Balance

−328.07

Exports

11.96 ₹ Cr

0.0003% share

+54.52% YoY

25.73% of Sub-Ch. 4907

Imports

340.03 ₹ Cr

0.0059% share

+32.13% YoY

99.88% of Sub-Ch. 4907

FY 2023-24 Exp. Rank #8067

Balance

−242.02

Exports

1.22 ₹ Cr

0.0000% share

−89.80% YoY

2.52% of Sub-Ch. 4907

Imports

243.24 ₹ Cr

0.0043% share

−28.47% YoY

99.84% of Sub-Ch. 4907

FY 2024-25 Exp. Rank #8275

Balance

−238.84

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.49% YoY

1.42% of Sub-Ch. 4907

Imports

239.81 ₹ Cr

0.0039% share

−1.41% YoY

99.63% of Sub-Ch. 4907

CAGR · 7-Year

Exports

3.48% /yr

Imports

0.82% /yr

Consistently Deficit
Sub-Chapter 4907 total

reference, FY 2024-25

Export

₹68.41 Cr

Import

₹240.71 Cr

Trade Balance

−172.30

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

Key Trade Insights: HSN Code 49070030 Export-Import Analysis

Consistent Export Growth: 3.48% CAGR Over 7 Years

India's exports under HSN Code 49070030 have grown at a compound annual rate of 3.48% over 7 fiscal years, rising from ₹0.79 Crore in FY 2018-19 to ₹0.97 Crore in FY 2024-25.

HSN Code 49070030 Ranked #8275 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 49070030 ranks #8275 out of 12657 HSN codes by total export value. Within Sub-Chapter 4907, it ranks #2 of 4. By trade surplus, it ranks #11442 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 49070030 Exports

The strongest single-year export movement for HSN Code 49070030 was recorded in FY 2021-22, when exports surged by 1,835.00% over the prior year.

India Records a Trade Deficit of ₹238.84 Crore in HSN Code 49070030 Goods

In FY 2024-25, India's imports of ₹239.81 Cr exceeded exports of ₹0.97 Cr, resulting in a trade deficit of ₹238.84 Crore — ranking #11442 of 12657 by surplus magnitude.

Import Growth of 0.82% CAGR Signals Stable Import Dependency for IT software docs

India's imports under HSN Code 49070030 have grown at 0.82% CAGR, reaching ₹239.81 Crore in FY 2024-25.

HSN Code 49070030 Contributes 1.42% of Sub-Chapter 4907 Exports — Ranked #2

Among the 4 HSN codes under Sub-Chapter 4907, HSN Code 49070030 ranks #2 by export value — accounting for 1.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 99.63% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 49070030 and GST compliance.

What products are classified under HSN 49070030 ?

It includes Transfers (Decalcomanias), Vitrifiable

How should mixed supplies be billed when IT software docs is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for IT software docs; Nil for exempt items if applicable).

Any common misclassification issue with IT software docs?

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

Does packaging or labelling change the GST for IT software docs?

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.

Do e‑way bill and e‑invoice apply for IT software docs?

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 much GST applies to IT software docs?

Under HSN 49070030, IT software docs attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade IT software docs?

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

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.