What products are classified under HSN 9702
It includes Original engravings
HSN Sub Chapter 9702 represents Original engravings under GST classification. This code helps businesses identify Original engravings correctly for billing, taxation, and trade. With HSN Sub Chapter 9702, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Original engravings.
GST Rate for Original engravings under HSN Code 9702. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 97 | 9702 | Original engravings, prints and lithographs | 5% | 12% |
Chapter: 97
Description: Original engravings, prints and lithographs
Following Tariff HSN code falls under Original engravings:
| Tariff HSN | Description |
|---|---|
| Original engravings, prints and lithographs | |
| Of an age exceeding 100 years | |
| Other |
Original engravings, prints and lithographs
Of an age exceeding 100 years
Other
It includes Original engravings
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.
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.
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.
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.
Use a delivery challan for sending Original engravings to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.