Stamps, postage or revenue; stamp-postmarks, first-day covers, postal stationery (stamped paper) and like, used or unused, other than those of heading 4907

hs code 970400 covers a diverse range of philatelic products, including stamps, postage or revenue stamps, stamp-postmarks, first-day covers, and postal stationery. These items play a crucial role in the global postal and revenue collection systems, facilitating the exchange of mail and the collection of government fees and taxes. The industry surrounding this code is an integral part of the broader economy, supporting the efficient functioning of postal services worldwide.

The production of items under hs code 970400 typically involves specialized printing techniques, such as intaglio, offset, and digital printing. Stamps are often printed on high-quality paper or other materials, with intricate designs and security features to prevent counterfeiting. Postmarks and first-day covers are created through the application of unique cancellation marks, while postal stationery is produced by printing pre-paid postage on envelopes, postcards, and other mailing materials.

The main inputs required for the production of items under hs code 970400 include high-quality paper, printing inks, and specialized printing equipment. Additionally, the industry relies on the expertise of graphic designers, engravers, and other skilled professionals to create the unique designs and security features that characterize these products. The availability of secure supply chains and efficient distribution networks is also crucial for the industry's success.

The primary outputs of the industry covered by hs code 970400 are stamps, postage or revenue stamps, stamp-postmarks, first-day covers, and postal stationery. These products are consumed by 4907 Unused postage, revenue or similar stamps of current or new issue in the country to which they are destined; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title, as well as 4911 Printed matter, including printed pictures and photographs, which may use stamps or other philatelic items for various purposes, such as mail delivery, revenue collection, and commemorative purposes.