HSN Code 01042000: Goats
HSN Code 01042000 represents Goats under GST classification. This code helps businesses identify Goats correctly for billing, taxation, and trade. With HSN Code 01042000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Goats.
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Description of Goods for HSN Code 01042000
HSN Code 01042000 relates to the following description.
What does HSN Code 01042000 not include?
Goats does not include products with the following descriptions.
Sheep: Sheep including lamb for breeding purpose
Sheep: Other
India’s Trade Performance — HSN Code 01042000 in FY 2024-25
India’s Exports
FY 2024-25₹67 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹67 Cr
Surplus rank #1922 of 12657 HSN codes
% of Sub-Chapter 0104
FY 2024-2543.16%
Share of Sub-Chapter 0104’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 0104’s imports
Rank Within Sub-Chapter 0104
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 0104
At a glance
−19.13%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3206
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+148.06%
Peak Growth Year
FY 2023-24 · strongest single-year move
43.16%
Contribution to Sub-Ch. 0104
Share of Sub-Chapter 0104 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 01042000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+241.02
Exports
241.02 ₹ Cr
0.0105% share
— YoY
85.64% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 0104
Balance
+160.33
Exports
160.33 ₹ Cr
0.0073% share
−33.48% YoY
68.78% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0104
Balance
+50.95
Exports
50.95 ₹ Cr
0.0024% share
−68.22% YoY
85.57% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 0104
Balance
+62.53
Exports
62.53 ₹ Cr
0.0020% share
+22.73% YoY
95.31% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 0104
Balance
+32.46
Exports
32.46 ₹ Cr
0.0009% share
−48.09% YoY
98.84% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 0104
Balance
+80.52
Exports
80.52 ₹ Cr
0.0022% share
+148.06% YoY
87.42% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 0104
Balance
+67.41
Exports
67.41 ₹ Cr
0.0018% share
−16.28% YoY
43.16% of Sub-Ch. 0104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0104
CAGR · 7-Year
Exports
−19.13% /yr
Imports
—
reference, FY 2024-25
Export
₹156.20 Cr
Import
₹0.62 Cr
Trade Balance
+155.58
Key Trade Insights: HSN Code 01042000 Export-Import Analysis
Export Decline: −19.13% CAGR Over 7 Years
India's exports under HSN Code 01042000 have declined at a compound annual rate of −19.13% over 7 fiscal years, falling from ₹241.02 Crore in FY 2018-19 to ₹67.41 Crore in FY 2024-25.
HSN Code 01042000 Ranked #3206 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 01042000 ranks #3206 out of 12657 HSN codes by total export value. Within Sub-Chapter 0104, it ranks #2 of 3. By trade surplus, it ranks #1922 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 01042000 Exports
The strongest single-year export movement for HSN Code 01042000 was recorded in FY 2023-24, when exports surged by 148.06% over the prior year.
India Maintains a Trade Surplus of ₹67.41 Crore in HSN Code 01042000 Goods
In FY 2024-25, India's exports of ₹67.41 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹67.41 Crore — ranking #1922 of 12657 by surplus magnitude.
HSN Code 01042000 Contributes 43.16% of Sub-Chapter 0104 Exports — Ranked #2
Among the 3 HSN codes under Sub-Chapter 0104, HSN Code 01042000 ranks #2 by export value — accounting for 43.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 01042000 and GST compliance.
What products are classified under HSN 1042000 ?
It includes Goats
How should I show Goats on the invoice?
Use the correct HSN and mention the form (fresh/chilled vs frozen/dried) and whether it’s pre‑packaged & labelled.
Can I claim ITC on expenses linked to Goats?
No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42.
Do I need an e‑way bill when moving Goats?
e‑Way bill may be required if the consignment value exceeds ₹50,000, subject to notified exemptions. Check your state’s list for agri/animal goods.
Any typical mistake to avoid with Goats?
Don’t charge GST on exempt fresh/chilled items. Only non‑fresh/chilled, pre‑packaged & labelled packs draw 5%.
Does e‑invoicing apply for Goats?
e‑Invoicing depends on turnover, not the item rate. If AATO exceeds the notified threshold (presently ₹5 crore), B2B invoices must be reported to IRP unless you are a notified exempt person.