Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 9706 specifically identifies antiques of an age exceeding one hundred years for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 2.5% + SGST 2.5%

Inter-State Split

IGST 5%

Compliance Check-list

✓Mention HSN 9706 on all Tax Invoices for antiques of an age exceeding one hundred years
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 9706

"Classifying antiques of an age exceeding one hundred years correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Art & Antiques category. AasanKhata automatically monitors these shifts for you."