What products are classified under HSN 97031020 ?
It includes Numismatic collections: Other
HSN Code 97031020 represents Of An Age Exceeding 100 Years| Of Stone under GST classification. This code helps businesses identify Of An Age Exceeding 100 Years| Of Stone correctly for billing, taxation, and trade. With HSN Code 97031020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Of An Age Exceeding 100 Years| Of Stone.
HSN Code 97031020 relates to the following description:
Of An Age Exceeding 100 Years| Of Stone does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Original sculptures and statuary, in metal | |
| Original sculptures and statuary, in stone | |
| Original sculptures and statuary, in other materials | |
| Of an age exceeding 100 years: Of metal | |
| Of an age exceeding 100 years: Other | |
| Other: Of metal | |
| Other: Of Stone | |
| Other: Other |
Original sculptures and statuary, in metal
Original sculptures and statuary, in stone
Original sculptures and statuary, in other materials
Of an age exceeding 100 years: Of metal
Of an age exceeding 100 years: Other
Other: Of metal
Other: Of Stone
Other: Other
It includes Numismatic collections: Other
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of An Age Exceeding 100 Years/ Of Stone; Nil for exempt items if applicable).
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 97031020, Of An Age Exceeding 100 Years/ Of Stone attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.