HSN Code 97012900: Antique Items (Other)

HSN Code 97012900 represents Antique Items (Other) under GST classification. This code helps businesses identify Antique Items (Other) correctly for billing, taxation, and trade. With HSN Code 97012900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Antique Items (Other).

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Description of Goods for HSN Code 97012900

HSN Code 97012900 relates to the following description.

Description of Goods

Of an age exceeding 100 years: Other

Chapter

97 - Works of art, collectors' pieces and antiques

Sub Chapter

9701 - Paintings, drawings and pastels, executed entirely by hand, other than drawings of heading 4906 and other than hand-painted or hand-decorated manufactured articles; collages, mosaics and similar decorative plaques

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 97012900 not include?

Antique Items (Other) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 97012900 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

₹50 Cr

−5.72% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−87.55% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹47 Cr

Trade Surplus

Surplus rank #2219 of 12657 HSN codes

% of Sub-Chapter 9701

FY 2024-25

4.73%

Share of Sub-Chapter 9701’s total exports in FY 2024-25

Import side: 0.26% of Sub-Chapter 9701’s imports

Rank Within Sub-Chapter 9701

FY 2024-25

#3 of 13

Position by export value among HSN codes in Sub-Chapter 9701

Import-side rank: #4 of 13

At a glance

#3633

National Export Rank

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

+10.74%

Peak Growth Year

FY 2023-24 · strongest single-year move

4.73%

Contribution to Sub-Ch. 9701

Share of Sub-Chapter 9701 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 97012900

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9701

FY 2022-23 Exp. Rank #3545

Balance

−7.24

Exports

47.67 ₹ Cr

0.0013% share

YoY

5.52% of Sub-Ch. 9701

Imports

54.91 ₹ Cr

0.0010% share

YoY

5.75% of Sub-Ch. 9701

FY 2023-24 Exp. Rank #3450

Balance

+26.85

Exports

52.79 ₹ Cr

0.0015% share

+10.74% YoY

2.06% of Sub-Ch. 9701

Imports

25.94 ₹ Cr

0.0005% share

−52.76% YoY

0.89% of Sub-Ch. 9701

FY 2024-25 Exp. Rank #3633

Balance

+46.54

Exports

49.77 ₹ Cr

0.0014% share

−5.72% YoY

4.73% of Sub-Ch. 9701

Imports

3.23 ₹ Cr

0.0001% share

−87.55% YoY

0.26% of Sub-Ch. 9701

Sub-Chapter 9701 total

reference, FY 2024-25

Export

₹1,053.09 Cr

Import

₹1,249.06 Cr

Trade Balance

−195.97

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

Key Trade Insights: HSN Code 97012900 Export-Import Analysis

Export Snapshot for HSN Code 97012900

India exported ₹49.77 Crore worth of Antique Items (Other) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 97012900 Ranked #3633 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 97012900 ranks #3633 out of 12657 HSN codes by total export value. Within Sub-Chapter 9701, it ranks #3 of 13. By trade surplus, it ranks #2219 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 97012900 Exports

The strongest single-year export movement for HSN Code 97012900 was recorded in FY 2023-24, when exports surged by 10.74% over the prior year.

India Maintains a Trade Surplus of ₹46.54 Crore in HSN Code 97012900 Goods

In FY 2024-25, India's exports of ₹49.77 Cr exceeded imports of ₹3.23 Cr, resulting in a trade surplus of ₹46.54 Crore — ranking #2219 of 12657 by surplus magnitude.

HSN Code 97012900 Contributes 4.73% of Sub-Chapter 9701 Exports — Ranked #3

Among the 13 HSN codes under Sub-Chapter 9701, HSN Code 97012900 ranks #3 by export value — accounting for 4.73% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.26% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 97012900 and GST compliance.

What products are classified under HSN 97012900 ?

It includes Of An Age Exceeding 100 Years| Other

Any common misclassification issue with Antique Items (Other)?

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 Antique Items (Other)?

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.

How much GST applies to Antique Items (Other)?

Under HSN 97012900, Antique Items (Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Antique Items (Other)?

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

How should mixed supplies be billed when Antique Items (Other) is sold with other items?

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

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.