---
title: "HSN Code for Used/Unused First-Day Covers | HSN 97040020 GST Rate"
description: "Find HSN and GST Rates for 97040020 related to Used/Unused First-Day Covers with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-97040020/"
---

# HSN Code 97040020: Used/Unused First-Day Covers

- [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 or unused first-day covers for philatelists | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 97040020 ?

It includes Of An Age Exceeding 250 Years

### How much GST applies to Used/Unused First-Day Covers?

Under HSN 97040020, Used/Unused First-Day Covers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Used/Unused First-Day Covers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Used/Unused First-Day Covers; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Used/Unused First-Day Covers?

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

### Do e‑way bill and e‑invoice apply for Used/Unused First-Day Covers?

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.

### Does packaging or labelling change the GST for Used/Unused First-Day Covers?

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.

## India's trade performance: HSN Code 97040020 (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 (+80.65% YoY) — 0.0000% of India's total imports
- Trade balance: −< ₹1 Crore (Deficit); surplus rank #7727 of 12657 HSN codes
- Share of Sub-Chapter 9704: 0.00% of its exports; import side 35.44%

### Key metrics

- Peak growth year: −100.00% in FY 2022-23
- Contribution to Sub-Ch. 9704: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 97040020

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% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 16.67% | −0.05 | — |
| FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +520.00% | 65.96% | −0.31 | — |
| FY 2021-22 | < ₹1 Crore | 0.0000% | — | 4.17% | < ₹1 Crore | 0.0000% | +16.13% | 29.51% | −0.35 | #10198 |
| FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +11.11% | 55.56% | −0.40 | — |
| FY 2023-24 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −22.50% | 16.94% | −0.31 | — |
| FY 2024-25 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +80.65% | 35.44% | −0.56 | — |

## Key trade insights: HSN Code 97040020 export-import analysis

### Export snapshot for HSN Code 97040020

India exported ₹0.00 Crore worth of Used/Unused First-Day Covers in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### FY 2022-23 was the strongest growth year for HSN Code 97040020 exports

The strongest single-year export movement for HSN Code 97040020 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year.

### India records a trade deficit of ₹0.56 Crore in HSN Code 97040020 goods

In FY 2024-25, India's imports of ₹0.56 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.56 Crore — ranking #7727 of 12657 by surplus magnitude.

## 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](https://busy.in/hsn/hsn-97040010/) | Nil |
| — | HSN Code 97040020: Used/Unused First-Day Covers (this hsn code) | Nil |