--- title: "9703 HSN Code | HSN Code for Original sculptures in India" description: "Know more about 9703 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 9703 covering Original sculptures." canonical: "https://busy.in/hsn/sub-chapter-9703/" --- # HSN Sub-chapter 9703: Original sculptures Original sculptures and statuary, in any material Part of [Chapter 97: Works of Art, Antiques, Etc](https://busy.in/hsn/chapter-97/). - Current GST rate: 5% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 97030010 | [Original sculptures and statuary, in stone](https://busy.in/hsn/hsn-97030010/) | | 97030020 | [Original sculptures and statuary, in other materials](https://busy.in/hsn/hsn-97030020/) | | 97030090 | [Stuffed animals and birds (taxidermy)](https://busy.in/hsn/hsn-97030090/) | | 97031010 | [Of An Age Exceeding 100 Years\| Of Metal](https://busy.in/hsn/hsn-97031010/) | | 97031020 | [Of An Age Exceeding 100 Years\| Of Stone](https://busy.in/hsn/hsn-97031020/) | | 97031090 | [Of An Age Exceeding 100 Years\| Other](https://busy.in/hsn/hsn-97031090/) | | 97039010 | [Other\| Of Metal](https://busy.in/hsn/hsn-97039010/) | | 97039020 | [Other\| Of Stone](https://busy.in/hsn/hsn-97039020/) | | 97039090 | [Other Collectors' Pieces](https://busy.in/hsn/hsn-97039090/) | ## Frequently asked questions ### What products are classified under HSN 9703 It includes Original sculptures ### Does MRP, weight or pack size change GST treatment for Original sculptures? 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. ### What misclassification mistakes happen with Original sculptures? Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper. ### Any import/export nuance for Original sculptures? Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE. ### What are the e‑way bill and e‑invoice points while moving Original sculptures? Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself. ### Can I claim ITC on inputs and services used for Original sculptures? If your outward supply of Original sculptures is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43. ### Any special steps when selling Original sculptures 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. ## India's trade performance: HSN Sub-Chapter 9703 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹158 Cr (−21.87% YoY) — 0.0043% of India's total exports - Imports: ₹276 Cr (−65.42% YoY) — 0.0045% of India's total imports - Trade balance: −₹117 Cr (Deficit); surplus rank #735 of 1233 sub-chapters - Share of Chapter 97: 11.69% of its exports; import side 12.14% - Rank within Chapter 97: #2 of 6 by export value; import-side #3 ### Key metrics - Export CAGR: 10.58% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #748 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +164.54% in FY 2023-24 - Contribution to Ch. 97: 11.69% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 9703 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 Ch. 97 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 97 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 86.64 | 0.0038% | — | 12.07% | 87.03 | 0.0024% | — | 13.06% | −0.39 | #742 | | FY 2019-20 | 213.86 | 0.0097% | +146.84% | 24.19% | 174.73 | 0.0052% | +100.77% | 21.31% | +39.13 | #583 | | FY 2020-21 | 47.85 | 0.0022% | −77.63% | 12.51% | 159.48 | 0.0055% | −8.73% | 33.75% | −111.63 | #843 | | FY 2021-22 | 67.39 | 0.0021% | +40.84% | 12.35% | 90.93 | 0.0020% | −42.98% | 18.54% | −23.54 | #835 | | FY 2022-23 | 76.64 | 0.0021% | +13.73% | 7.03% | 167.20 | 0.0029% | +83.88% | 14.21% | −90.56 | #842 | | FY 2023-24 | 202.74 | 0.0056% | +164.54% | 7.26% | 797.80 | 0.0142% | +377.15% | 20.61% | −595.06 | #691 | | FY 2024-25 | 158.40 | 0.0043% | −21.87% | 11.69% | 275.85 | 0.0045% | −65.42% | 12.14% | −117.45 | #748 | - CAGR (7-year): exports 10.58%/yr, imports 21.20%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 9703 export-import analysis ### Consistent export growth: 10.58% CAGR over 7 years India's exports under HSN Sub-Chapter 9703 have grown at a compound annual rate of 10.58% over 7 fiscal years, rising from ₹86.64 Crore in FY 2018-19 to ₹158.40 Crore in FY 2024-25. ### HSN Sub-Chapter 9703 ranked #748 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 9703 ranks #748 out of 1233 sub-chapters by total export value. Within Chapter 97, it ranks #2 of 6. By trade surplus, it ranks #735 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 9703 exports The strongest single-year export movement for HSN Sub-Chapter 9703 was recorded in FY 2023-24, when exports surged by 164.54% over the prior year. ### India records a trade deficit of ₹117.45 Crore in HSN Sub-Chapter 9703 goods In FY 2024-25, India's imports of ₹275.85 Cr exceeded exports of ₹158.40 Cr, resulting in a trade deficit of ₹117.45 Crore — ranking #735 of 1233 by surplus magnitude. ### Import growth of 21.20% CAGR signals rising demand for Original sculptures India's imports under HSN Sub-Chapter 9703 have grown at 21.20% CAGR, reaching ₹275.85 Crore in FY 2024-25. ### HSN Sub-Chapter 9703 contributes 11.69% of Chapter 97 exports — ranked #2 Among the 6 sub-chapters under Chapter 97, HSN Sub-Chapter 9703 ranks #2 by export value — accounting for 11.69% of the chapter's total exports in FY 2024-25. On the import side, it holds 12.14% share (rank #3). ## Related Sub-Chapters in Chapter 97 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 9701: Paintings, Drawings, Pastels, Collages](https://busy.in/hsn/sub-chapter-9701/) | ₹1,053 Cr | | #2 | HSN Sub-Chapter 9703: Original sculptures (this hsn sub-chapter) | ₹158 Cr | | #3 | [HSN Sub-Chapter 9706: Antiques, over 100 years old](https://busy.in/hsn/sub-chapter-9706/) | ₹126 Cr | | #4 | [HSN Sub-Chapter 9702: Original engravings](https://busy.in/hsn/sub-chapter-9702/) | ₹11 Cr | | #5 | [HSN Sub-Chapter 9705: Collectors pieces and artifacts](https://busy.in/hsn/sub-chapter-9705/) | ₹5 Cr | | #6 | [HSN Sub-Chapter 9704: Postal stamps and stationery](https://busy.in/hsn/sub-chapter-9704/) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 9701 | [Paintings, Drawings, Pastels, Collages](https://busy.in/hsn/sub-chapter-9701/) | | 9702 | [Original engravings](https://busy.in/hsn/sub-chapter-9702/) | | 9704 | [Postal stamps and stationery](https://busy.in/hsn/sub-chapter-9704/) | | 9705 | [Collectors pieces and artifacts](https://busy.in/hsn/sub-chapter-9705/) | | 9706 | [Antiques, over 100 years old](https://busy.in/hsn/sub-chapter-9706/) |