HSN Code 97061000: Of An Age Exceeding 250 Years
HSN Code 97061000 represents Of An Age Exceeding 250 Years under GST classification. This code helps businesses identify Of An Age Exceeding 250 Years correctly for billing, taxation, and trade. With HSN Code 97061000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of An Age Exceeding 250 Years.
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Description of Goods for HSN Code 97061000
HSN Code 97061000 relates to the following description.
What does HSN Code 97061000 not include?
Of An Age Exceeding 250 Years does not include products with the following descriptions.
Antiques of an age exceeding one hundred year
Other
India’s Trade Performance — HSN Code 97061000 in FY 2024-25
India’s Exports
FY 2024-25₹100 Cr
0.0027% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹98 Cr
Surplus rank #1612 of 12657 HSN codes
% of Sub-Chapter 9706
FY 2024-2579.13%
Share of Sub-Chapter 9706’s total exports in FY 2024-25
Import side: 0.22% of Sub-Chapter 9706’s imports
Rank Within Sub-Chapter 9706
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 9706
Import-side rank: #2 of 3
At a glance
#2659
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
−100.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
79.13%
Contribution to Sub-Ch. 9706
Share of Sub-Chapter 9706 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 97061000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 9706
Balance
+78.08
Exports
120.78 ₹ Cr
0.0033% share
— YoY
99.93% of Sub-Ch. 9706
Imports
42.70 ₹ Cr
0.0007% share
— YoY
88.92% of Sub-Ch. 9706
Balance
−3.18
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 9706
Imports
3.18 ₹ Cr
0.0001% share
−92.55% YoY
2.04% of Sub-Ch. 9706
Balance
+98.35
Exports
100.00 ₹ Cr
0.0027% share
— YoY
79.13% of Sub-Ch. 9706
Imports
1.65 ₹ Cr
0.0000% share
−48.11% YoY
0.22% of Sub-Ch. 9706
reference, FY 2024-25
Export
₹126.37 Cr
Import
₹736.03 Cr
Trade Balance
−609.66
Key Trade Insights: HSN Code 97061000 Export-Import Analysis
Export Snapshot for HSN Code 97061000
India exported ₹100.00 Crore worth of Of An Age Exceeding 250 Years in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 97061000 Ranked #2659 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 97061000 ranks #2659 out of 12657 HSN codes by total export value. Within Sub-Chapter 9706, it ranks #1 of 3. By trade surplus, it ranks #1612 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 97061000 Exports
The strongest single-year export movement for HSN Code 97061000 was recorded in FY 2023-24, when exports declined by 100.00% over the prior year.
India Maintains a Trade Surplus of ₹98.35 Crore in HSN Code 97061000 Goods
In FY 2024-25, India's exports of ₹100.00 Cr exceeded imports of ₹1.65 Cr, resulting in a trade surplus of ₹98.35 Crore — ranking #1612 of 12657 by surplus magnitude.
HSN Code 97061000 Contributes 79.13% of Sub-Chapter 9706 Exports — Ranked #1
Among the 3 HSN codes under Sub-Chapter 9706, HSN Code 97061000 ranks #1 by export value — accounting for 79.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.22% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 97061000 and GST compliance.
What products are classified under HSN 97061000 ?
It includes Components/raw materials for unit setup
Does packaging or labelling change the GST for Of An Age Exceeding 250 Years?
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 Of An Age Exceeding 250 Years?
Under HSN 97061000, Of An Age Exceeding 250 Years attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Of An Age Exceeding 250 Years?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How should mixed supplies be billed when Of An Age Exceeding 250 Years 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 250 Years; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Of An Age Exceeding 250 Years?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.