4707 HSN Code: Recovered waste paper, paperboard

HSN Sub Chapter 4707 represents Recovered waste paper, paperboard under GST classification. This code helps businesses identify Recovered waste paper, paperboard correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4707, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Recovered waste paper, paperboard.

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New GST Rate for HSN Code 4707

GST Rate for Recovered waste paper, paperboard under HSN Code 4707. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

47

HSN Code

4707

HSN Description

Recovered (waste and scrap) paper or paperboard

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 4707

Following tariff HSN codes fall under Recovered waste paper, paperboard.

Tariff HSN

47071000

Description

Unbleached kraft paper or paperboard or corrugated paper or paperboard

Tariff HSN

47072000

Description

Other paper or paperboard made mainly of bleached chemical pulp, not coloured in the mass

Tariff HSN

47073000

Description

Paper or paperboard made mainly of mechanical pulp (for example, newspapers, journals and similar printed matter)

Tariff HSN

47079000

Description

Other, including unsorted waste and scrap

India’s Trade Performance — HSN Sub-Chapter 4707 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 Crore

−27.69% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹10,432 Cr

−1.58% vs FY 2023-24

0.1711% of India’s total imports

Trade Balance

FY 2024-25

−₹10,431 Cr

Trade Deficit

Surplus rank #1155 of 1233 subchapters

% of Chapter 47

FY 2024-25

0.89%

Share of Chapter 47’s total exports in FY 2024-25

Import side: 38.00% of Chapter 47’s imports

Rank Within Chapter 47

FY 2024-25

#2 of 7

Position by export value among subchapters in Chapter 47

Import-side rank: #1 of 7

At a glance

−16.93%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1157

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+2,079.41%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.89%

Contribution to Ch. 47

Share of Chapter 47 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4707

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 Exp. Rank #1122

Balance

−9,134.16

Exports

1.43 ₹ Cr

0.0001% share

— YoY

5.77% of Ch. 47

Imports

9,135.59 ₹ Cr

0.2544% share

— YoY

49.86% of Ch. 47

FY 2019-20 Exp. Rank #1113

Balance

−8,441.01

Exports

1.35 ₹ Cr

0.0001% share

−5.59% YoY

2.16% of Ch. 47

Imports

8,442.36 ₹ Cr

0.2517% share

−7.59% YoY

51.06% of Ch. 47

FY 2020-21 Exp. Rank #1151

Balance

−8,257.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−74.81% YoY

0.42% of Ch. 47

Imports

8,257.70 ₹ Cr

0.2834% share

−2.19% YoY

56.71% of Ch. 47

FY 2021-22 Exp. Rank #1036

Balance

−13,782.31

Exports

7.41 ₹ Cr

0.0002% share

+2,079.41% YoY

48.56% of Ch. 47

Imports

13,789.72 ₹ Cr

0.3017% share

+66.99% YoY

53.61% of Ch. 47

FY 2022-23 Exp. Rank #1158

Balance

−15,154.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−93.39% YoY

1.65% of Ch. 47

Imports

15,154.64 ₹ Cr

0.2636% share

+9.90% YoY

47.03% of Ch. 47

FY 2023-24 Exp. Rank #1158

Balance

−10,598.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+32.65% YoY

0.88% of Ch. 47

Imports

10,598.91 ₹ Cr

0.1887% share

−30.06% YoY

40.81% of Ch. 47

FY 2024-25 Exp. Rank #1157

Balance

−10,431.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−27.69% YoY

0.89% of Ch. 47

Imports

10,431.92 ₹ Cr

0.1711% share

−1.58% YoY

38.00% of Ch. 47

CAGR · 7-Year

Exports

−16.93% /yr

Imports

2.24% /yr

Consistently Deficit
Chapter 47 total

reference, FY 2024-25

Export

₹52.81 Cr

Import

₹27,452.77 Cr

Trade Balance

−27,399.96

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

Key Trade Insights: HSN Sub-Chapter 4707 Export-Import Analysis

Export Decline: −16.93% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4707 have declined at a compound annual rate of −16.93% over 7 fiscal years, falling from ₹1.43 Crore in FY 2018-19 to ₹0.47 Crore in FY 2024-25.

HSN Sub-Chapter 4707 Ranked #1157 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4707 ranks #1157 out of 1233 subchapters by total export value. Within Chapter 47, it ranks #2 of 7. By trade surplus, it ranks #1155 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4707 Exports

The strongest single-year export movement for HSN Sub-Chapter 4707 was recorded in FY 2021-22, when exports surged by 2,079.41% over the prior year.

India Records a Trade Deficit of ₹10,431.45 Crore in HSN Sub-Chapter 4707 Goods

In FY 2024-25, India's imports of ₹10,431.92 Cr exceeded exports of ₹0.47 Cr, resulting in a trade deficit of ₹10,431.45 Crore — ranking #1155 of 1233 by surplus magnitude.

Import Growth of 2.24% CAGR Signals Stable Import Dependency for Recovered waste paper, paperboard

India's imports under HSN Sub-Chapter 4707 have grown at 2.24% CAGR, reaching ₹10,431.92 Crore in FY 2024-25.

HSN Sub-Chapter 4707 Contributes 0.89% of Chapter 47 Exports — Ranked #2

Among the 7 subchapters under Chapter 47, HSN Sub-Chapter 4707 ranks #2 by export value — accounting for 0.89% of the chapter's total exports in FY 2024-25. On the import side, it holds 38.00% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4707 and GST compliance.

What products are classified under HSN 4707

It includes Recovered waste paper, paperboard

Can reverse charge ever apply to transactions involving Recovered waste paper, paperboard?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Recovered waste paper, paperboard are forward charge. Check the current notifications for any special cases before deciding.

What should my invoice and records include for Recovered waste paper, paperboard?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

How do I bill a kit or combo that includes Recovered waste paper, paperboard?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Any special steps when selling Recovered waste paper, paperboard through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

Does MRP, weight or pack size change GST treatment for Recovered waste paper, paperboard?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

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.

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