What is HSN Code 490700?
HSN code 490700 is the Harmonized System of Nomenclature classification for Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which… under India's Goods and Services Tax (GST). It is a 6-digit code sitting at the sub-heading (6-digit) level of the HSN hierarchy.
This code belongs to Chapter 49 — Printed Books, Newspapers, Pictures And Other Products Of The…, which is part of Section X: Pulp, Paper & Paperboard. Every GST-registered business supplying unused postage, revenue or similar stamps of current or new issue in the country in which… must quote HSN 490700 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.