--- title: "HSN Code for Horses| Other| Other | HSN 01012990 GST Rate" description: "Find HSN and GST Rates for 01012990 related to Horses| Other| Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-01012990/" --- # HSN Code 01012990: Horses| Other| Other - [Section 01: Guide to HSN Section 01](https://busy.in/hsn/section-01/) - [Chapter 01: Live Animal](https://busy.in/hsn/chapter-01/) - [Sub-chapter 0101: Live horses, asses](https://busy.in/hsn/sub-chapter-0101/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Horses: Other: Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 1012990 ? It includes Horses| Other| Other ### Any import/export note for horses? Exports are zero‑rated. Imports may attract customs duties; domestic sales remain @12%. ### Are ‘pure‑bred breeding horses’ or ‘horses for polo’ taxed differently? No. Both fall under live horses and attract 12%. Asses/mules/hinnies are Nil‑rated. ### Do e‑way bill and e‑invoice apply for horse sales? e‑Way bill is needed above ₹50,000 consignment value, unless exempted. e‑Invoicing is turnover‑based (AATO > ₹5 crore) for B2B. ### Can I claim ITC on feed, veterinary care, or transport for horse trading? Yes, when such inputs are used for taxable supplies @12%, subject to general ITC rules. ### How do I bill a mixed lot that includes horses and asses? Use separate lines: horses @12%, asses Nil. This prevents wrong tax collection. ## India's trade performance: HSN Code 01012990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+187.50% YoY) — 0.0000% of India's total exports - Imports: ₹7 Cr (+7.37% YoY) — 0.0001% of India's total imports - Trade balance: −₹7 Cr (Deficit); surplus rank #8828 of 12657 HSN codes - Share of Sub-Chapter 0101: 71.88% of its exports; import side 7.03% - Rank within Sub-Chapter 0101: #1 of 13 by export value; import-side #2 ### Key metrics - Export CAGR: -31.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9345 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,683.33% in FY 2021-22 - Contribution to Sub-Ch. 0101: 71.88% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 01012990 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 Sub-Ch. 0101 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0101 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.18 | 0.0001% | — | 45.42% | 16.83 | 0.0005% | — | 93.92% | −14.65 | #6853 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 9.56 | 0.0003% | −43.20% | 74.34% | −9.56 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 100.00% | 6.96 | 0.0002% | −27.20% | 37.95% | −6.90 | #9473 | | FY 2021-22 | 1.67 | 0.0001% | +2,683.33% | 43.38% | 13.25 | 0.0003% | +90.37% | 63.73% | −11.58 | #7507 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −55.69% | 30.08% | 5.86 | 0.0001% | −55.77% | 20.21% | −5.12 | #8363 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −89.19% | 100.00% | 6.78 | 0.0001% | +15.70% | 11.89% | −6.70 | #9881 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +187.50% | 71.88% | 7.28 | 0.0001% | +7.37% | 7.03% | −7.05 | #9345 | - CAGR (7-year): exports -31.26%/yr, imports -13.04%/yr (consistently Deficit) ## Key trade insights: HSN Code 01012990 export-import analysis ### Export decline: -31.26% CAGR over 7 years India's exports under HSN Code 01012990 have declined at a compound annual rate of -31.26% over 7 fiscal years, falling from ₹2.18 Crore in FY 2018-19 to ₹0.23 Crore in FY 2024-25. ### HSN Code 01012990 ranked #9345 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 01012990 ranks #9345 out of 12657 HSN codes by total export value. Within Sub-Chapter 0101, it ranks #1 of 13. By trade surplus, it ranks #8828 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 01012990 exports The strongest single-year export movement for HSN Code 01012990 was recorded in FY 2021-22, when exports surged by 2,683.33% over the prior year. ### India records a trade deficit of ₹7.05 Crore in HSN Code 01012990 goods In FY 2024-25, India's imports of ₹7.28 Cr exceeded exports of ₹0.23 Cr, resulting in a trade deficit of ₹7.05 Crore — ranking #8828 of 12657 by surplus magnitude. ### Import growth of -13.04% CAGR signals stable import dependency for Horses| Other| Other India's imports under HSN Code 01012990 have grown at -13.04% CAGR, reaching ₹7.28 Crore in FY 2024-25. ### HSN Code 01012990 contributes 71.88% of Sub-Chapter 0101 exports — ranked #1 Among the 13 HSN codes under Sub-Chapter 0101, HSN Code 01012990 ranks #1 by export value — accounting for 71.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.03% share (rank #2). ## Related HSN Codes in Sub-Chapter 0101 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 01012990: Horses\| Other\| Other (this hsn code) | < ₹1 Crore | | #2 | [HSN Code 01012100: Horses\| Pure-Bred Breeding Animals](https://busy.in/hsn/hsn-01012100/) | < ₹1 Crore | | — | [HSN Code 01012910: Horses\| Other\| Horses For Polo](https://busy.in/hsn/hsn-01012910/) | Nil | | — | [HSN Code 01013010: Pure-bred Asses](https://busy.in/hsn/hsn-01013010/) | Nil | | — | [HSN Code 01013020: Livestock Asses](https://busy.in/hsn/hsn-01013020/) | Nil | | — | [HSN Code 01019030: Other\| Mules And Hinnies As Livestock](https://busy.in/hsn/hsn-01019030/) | Nil | | — | [HSN Code 01019090: Live Horses, Asses, Mules, and Hinnies \| Other](https://busy.in/hsn/hsn-01019090/) | Nil | | — | [HSN Code 01011010: Live Pure-Bred Breeding Asses](https://busy.in/hsn/hsn-01011010/) | — | | — | [HSN Code 01011020: Other Live Pure-Bred Breeding Animals](https://busy.in/hsn/hsn-01011020/) | — | | — | [HSN Code 01011090: Horses for Polo](https://busy.in/hsn/hsn-01011090/) | — |