HSN Code 97031010: Of An Age Exceeding 100 Years| Of Metal

HSN Code 97031010 represents Of An Age Exceeding 100 Years| Of Metal under GST classification. This code helps businesses identify Of An Age Exceeding 100 Years| Of Metal correctly for billing, taxation, and trade. With HSN Code 97031010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of An Age Exceeding 100 Years| Of Metal.

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Description of Goods for HSN Code 97031010

HSN Code 97031010 relates to the following description.

Description of Goods

Of an age exceeding 100 years: Of metal

Chapter

97 - Works of art, collectors' pieces and antiques

Sub Chapter

9703 - Original sculptures and statuary, in any material

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 97031010 not include?

Of An Age Exceeding 100 Years| Of Metal does not include products with the following descriptions.

India’s Trade Performance — HSN Code 97031010 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 Cr

+25.25% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−21.18% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4755 of 12657 HSN codes

% of Sub-Chapter 9703

FY 2024-25

0.78%

Share of Sub-Chapter 9703’s total exports in FY 2024-25

Import side: 0.24% of Sub-Chapter 9703’s imports

Rank Within Sub-Chapter 9703

FY 2024-25

#6 of 9

Position by export value among HSN codes in Sub-Chapter 9703

Import-side rank: #6 of 9

At a glance

#8050

National Export Rank

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

+25.25%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.78%

Contribution to Sub-Ch. 9703

Share of Sub-Chapter 9703 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 97031010

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. 9703

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 9703

FY 2022-23 Exp. Rank #7216

Balance

−2.72

Exports

2.44 ₹ Cr

0.0001% share

YoY

3.18% of Sub-Ch. 9703

Imports

5.16 ₹ Cr

0.0001% share

YoY

3.09% of Sub-Ch. 9703

FY 2023-24 Exp. Rank #8255

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−59.43% YoY

0.49% of Sub-Ch. 9703

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−83.53% YoY

0.11% of Sub-Ch. 9703

FY 2024-25 Exp. Rank #8050

Balance

+0.57

Exports

1.24 ₹ Cr

0.0000% share

+25.25% YoY

0.78% of Sub-Ch. 9703

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−21.18% YoY

0.24% of Sub-Ch. 9703

Sub-Chapter 9703 total

reference, FY 2024-25

Export

₹158.40 Cr

Import

₹275.85 Cr

Trade Balance

−117.45

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

Key Trade Insights: HSN Code 97031010 Export-Import Analysis

Export Snapshot for HSN Code 97031010

India exported ₹1.24 Crore worth of Of An Age Exceeding 100 Years| Of Metal in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 97031010 Ranked #8050 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 97031010 ranks #8050 out of 12657 HSN codes by total export value. Within Sub-Chapter 9703, it ranks #6 of 9. By trade surplus, it ranks #4755 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 97031010 Exports

The strongest single-year export movement for HSN Code 97031010 was recorded in FY 2024-25, when exports surged by 25.25% over the prior year.

India Maintains a Trade Surplus of ₹0.57 Crore in HSN Code 97031010 Goods

In FY 2024-25, India's exports of ₹1.24 Cr exceeded imports of ₹0.67 Cr, resulting in a trade surplus of ₹0.57 Crore — ranking #4755 of 12657 by surplus magnitude.

HSN Code 97031010 Contributes 0.78% of Sub-Chapter 9703 Exports — Ranked #6

Among the 9 HSN codes under Sub-Chapter 9703, HSN Code 97031010 ranks #6 by export value — accounting for 0.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.24% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 97031010 and GST compliance.

What products are classified under HSN 97031010 ?

It includes Personal Computer (Portable, <=10kg)

Does packaging or labelling change the GST for Of An Age Exceeding 100 Years/ Of Metal?

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.

Can we claim ITC on inputs used to trade Of An Age Exceeding 100 Years/ Of Metal?

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 Of An Age Exceeding 100 Years/ Of Metal is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of An Age Exceeding 100 Years/ Of Metal; Nil for exempt items if applicable).

How much GST applies to Of An Age Exceeding 100 Years/ Of Metal?

Under HSN 97031010, Of An Age Exceeding 100 Years/ Of Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of An Age Exceeding 100 Years/ Of Metal?

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

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.