4907 HSN Code: Unused stamps, bank notes, cheques

HSN Sub Chapter 4907 represents Unused stamps, bank notes, cheques under GST classification. This code helps businesses identify Unused stamps, bank notes, cheques correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4907, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unused stamps, bank notes, cheques.

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New GST Rate for HSN Code 4907

GST Rate for Unused stamps, bank notes, cheques under HSN Code 4907. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

49

HSN Code

4907

HSN Description

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title

New GST Rate

12 %
Standard

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4907

Following tariff HSN codes fall under Unused stamps, bank notes, cheques.

Tariff HSN

49070010

Description

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value

Tariff HSN

49070020

Description

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Bank notes

Tariff HSN

49070030

Description

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Documents of title conveying the right to use Information Technology software

Tariff HSN

49070090

Description

Other : Duty credit scrips

Tariff HSN

49070090

Description

Other: Rupee notes or coins when sold to RBI or the government of India

Tariff HSN

49070090

Description

Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title : Other

India’s Trade Performance — HSN Sub-Chapter 4907 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

₹68 Cr

+41.40% vs FY 2023-24

0.0018% of India’s total exports

India’s Imports

FY 2024-25

₹241 Cr

−1.20% vs FY 2023-24

0.0039% of India’s total imports

Trade Balance

FY 2024-25

−₹172 Cr

Trade Deficit

Surplus rank #762 of 1233 subchapters

% of Chapter 49

FY 2024-25

1.86%

Share of Chapter 49’s total exports in FY 2024-25

Import side: 12.37% of Chapter 49’s imports

Rank Within Chapter 49

FY 2024-25

#4 of 11

Position by export value among subchapters in Chapter 49

Import-side rank: #3 of 11

At a glance

−18.66%

Export CAGR

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

#873

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+57.67%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.86%

Contribution to Ch. 49

Share of Chapter 49 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4907

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 #578

Balance

−1.25

Exports

236.23 ₹ Cr

0.0103% share

— YoY

8.43% of Ch. 49

Imports

237.48 ₹ Cr

0.0066% share

— YoY

9.77% of Ch. 49

FY 2019-20 Exp. Rank #678

Balance

−126.50

Exports

128.03 ₹ Cr

0.0058% share

−45.80% YoY

5.31% of Ch. 49

Imports

254.53 ₹ Cr

0.0076% share

+7.18% YoY

10.59% of Ch. 49

FY 2020-21 Exp. Rank #949

Balance

−313.20

Exports

18.88 ₹ Cr

0.0009% share

−85.25% YoY

1.02% of Ch. 49

Imports

332.08 ₹ Cr

0.0114% share

+30.47% YoY

18.53% of Ch. 49

FY 2021-22 Exp. Rank #935

Balance

−228.46

Exports

29.48 ₹ Cr

0.0009% share

+56.14% YoY

1.09% of Ch. 49

Imports

257.94 ₹ Cr

0.0056% share

−22.33% YoY

11.92% of Ch. 49

FY 2022-23 Exp. Rank #902

Balance

−293.96

Exports

46.48 ₹ Cr

0.0013% share

+57.67% YoY

1.51% of Ch. 49

Imports

340.44 ₹ Cr

0.0059% share

+31.98% YoY

11.70% of Ch. 49

FY 2023-24 Exp. Rank #910

Balance

−195.26

Exports

48.38 ₹ Cr

0.0013% share

+4.09% YoY

1.36% of Ch. 49

Imports

243.64 ₹ Cr

0.0043% share

−28.43% YoY

9.76% of Ch. 49

FY 2024-25 Exp. Rank #873

Balance

−172.30

Exports

68.41 ₹ Cr

0.0018% share

+41.40% YoY

1.86% of Ch. 49

Imports

240.71 ₹ Cr

0.0039% share

−1.20% YoY

12.37% of Ch. 49

CAGR · 7-Year

Exports

−18.66% /yr

Imports

0.23% /yr

Consistently Deficit
Chapter 49 total

reference, FY 2024-25

Export

₹3,676.10 Cr

Import

₹1,945.63 Cr

Trade Balance

+1,730.47

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

Key Trade Insights: HSN Sub-Chapter 4907 Export-Import Analysis

Export Decline: −18.66% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4907 have declined at a compound annual rate of −18.66% over 7 fiscal years, falling from ₹236.23 Crore in FY 2018-19 to ₹68.41 Crore in FY 2024-25.

HSN Sub-Chapter 4907 Ranked #873 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4907 ranks #873 out of 1233 subchapters by total export value. Within Chapter 49, it ranks #4 of 11. By trade surplus, it ranks #762 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 4907 Exports

The strongest single-year export movement for HSN Sub-Chapter 4907 was recorded in FY 2022-23, when exports surged by 57.67% over the prior year.

India Records a Trade Deficit of ₹172.30 Crore in HSN Sub-Chapter 4907 Goods

In FY 2024-25, India's imports of ₹240.71 Cr exceeded exports of ₹68.41 Cr, resulting in a trade deficit of ₹172.30 Crore — ranking #762 of 1233 by surplus magnitude.

Import Growth of 0.23% CAGR Signals Stable Import Dependency for Unused stamps, bank notes, cheques

India's imports under HSN Sub-Chapter 4907 have grown at 0.23% CAGR, reaching ₹240.71 Crore in FY 2024-25.

HSN Sub-Chapter 4907 Contributes 1.86% of Chapter 49 Exports — Ranked #4

Among the 11 subchapters under Chapter 49, HSN Sub-Chapter 4907 ranks #4 by export value — accounting for 1.86% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.37% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4907 and GST compliance.

What products are classified under HSN 4907

It includes Unused stamps, bank notes, cheques

Is the composition scheme suitable if I mainly trade Unused stamps, bank notes, cheques?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Do spares or accessories of Unused stamps, bank notes, cheques follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How are warranty replacements of Unused stamps, bank notes, cheques handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

How do I bill a kit or combo that includes Unused stamps, bank notes, cheques?

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.

Does MRP, weight or pack size change GST treatment for Unused stamps, bank notes, cheques?

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.

If I repair and return Unused stamps, bank notes, cheques, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

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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