---
title: "HSN Code for Used Postal Stamps | HSN 97040010 GST Rate"
description: "Find HSN and GST Rates for 97040010 related to Used Postal Stamps with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-97040010/"
---

# HSN Code 97040010: Used Postal Stamps

- [Section 21: Guide to HSN Section 21](https://busy.in/hsn/section-21/)
- [Chapter 97: Works of Art, Antiques, Etc](https://busy.in/hsn/chapter-97/)
- [Sub-chapter 9704: Postal stamps and stationery](https://busy.in/hsn/sub-chapter-9704/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Postage or revenue stamps, stamp-post marks, first-day covers, postal stationery (stamped paper), and the like, used or unused, other than those of heading 4907 : Used postal stamp | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 97040010 ?

It includes Numismatic Collections (>100 Years Old)

### Do e‑way bill and e‑invoice apply for Used Postal Stamps?

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 Used Postal Stamps?

Under HSN 97040010, Used Postal Stamps attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Used Postal Stamps?

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 Used Postal Stamps?

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

### Does packaging or labelling change the GST for Used Postal Stamps?

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 should mixed supplies be billed when Used Postal Stamps is sold with other items?

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

## India's trade performance: HSN Code 97040010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: Nil — 0.0000% of India's total exports
- Imports: < ₹1 Crore (−26.96% YoY) — 0.0000% of India's total imports
- Trade balance: −< ₹1 Crore (Deficit); surplus rank #7847 of 12657 HSN codes
- Share of Sub-Chapter 9704: 0.00% of its exports; import side 53.16%

### Key metrics

- Peak growth year: −100.00% in FY 2021-22
- Contribution to Sub-Ch. 9704: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 97040010

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

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 9704 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9704 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 14.00% | −0.07 | — |
| FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +128.57% | 53.33% | −0.16 | — |
| FY 2020-21 | < ₹1 Crore | 0.0000% | — | 9.09% | < ₹1 Crore | 0.0000% | −12.50% | 29.79% | −0.13 | #9985 |
| FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +307.14% | 46.72% | −0.57 | — |
| FY 2022-23 | < ₹1 Crore | 0.0000% | — | 25.00% | < ₹1 Crore | 0.0000% | −82.46% | 13.89% | −0.09 | #10292 |
| FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | 1.15 | 0.0000% | +1,050.00% | 62.84% | −1.15 | — |
| FY 2024-25 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −26.96% | 53.16% | −0.84 | — |

- CAGR (7-year): exports —/yr, imports 51.31%/yr (consistently Deficit)

## Key trade insights: HSN Code 97040010 export-import analysis

### Export snapshot for HSN Code 97040010

India exported ₹0.00 Crore worth of Used Postal Stamps in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### FY 2021-22 was the strongest growth year for HSN Code 97040010 exports

The strongest single-year export movement for HSN Code 97040010 was recorded in FY 2021-22, when exports declined by 100.00% over the prior year.

### India records a trade deficit of ₹0.84 Crore in HSN Code 97040010 goods

In FY 2024-25, India's imports of ₹0.84 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.84 Crore — ranking #7847 of 12657 by surplus magnitude.

### Import growth of 51.31% CAGR signals rising demand for Used Postal Stamps

India's imports under HSN Code 97040010 have grown at 51.31% CAGR, reaching ₹0.84 Crore in FY 2024-25.

## Related HSN Codes in Sub-Chapter 9704

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 97040090: Personal Computer (Portable, <=10kg)](https://busy.in/hsn/hsn-97040090/) | < ₹1 Crore |
| — | HSN Code 97040010: Used Postal Stamps (this hsn code) | Nil |
| — | [HSN Code 97040020: Used/Unused First-Day Covers](https://busy.in/hsn/hsn-97040020/) | Nil |