What products are classified under HSN 9706
It includes Antiques, over 100 years old
HSN Sub Chapter 9706 represents Antiques, over 100 years old under GST classification. This code helps businesses identify Antiques, over 100 years old correctly for billing, taxation, and trade. With HSN Sub Chapter 9706, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Antiques, over 100 years old.
GST Rate for Antiques, over 100 years old under HSN Code 9706. 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 | 9706 | Antiques of an age exceeding one hundred years | 5% | 12% |
Chapter: 97
Description: Antiques of an age exceeding one hundred years
Following Tariff HSN code falls under Antiques, over 100 years old:
| Tariff HSN | Description |
|---|---|
| Antiques of an age exceeding one hundred year | |
| Of an age exceeding 250 years | |
| Other |
Antiques of an age exceeding one hundred year
Of an age exceeding 250 years
Other
| Order Number | Description |
|---|---|
| Safset Agencies Pvt. Ltd (AAR (Authority For Advance Ruling), Maharashtra) | |
| M/S Safset Agencies Pvt. Ltd. (AAAR (Appellate Authority For Advance Ruling), Maharashtra) | |
| Astaguru Auction House Private Limited (AAR (Authority For Advance Ruling), Maharashtra) |
Safset Agencies Pvt. Ltd (AAR (Authority For Advance Ruling), Maharashtra)
M/S Safset Agencies Pvt. Ltd. (AAAR (Appellate Authority For Advance Ruling), Maharashtra)
Astaguru Auction House Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
It includes Antiques, over 100 years old
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Antiques, over 100 years old are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
Use a delivery challan for sending Antiques, over 100 years old 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.
If your outward supply of Antiques, over 100 years old 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.
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.