--- title: "HSN Code for Fresh/Chilled Anchovies (Engraulis spp.) | HSN 03024200 GST Rate" description: "Find HSN and GST Rates for 03024200 related to Fresh/Chilled Anchovies (Engraulis spp.) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-03024200/" --- # HSN Code 03024200: Fresh/Chilled Anchovies (Engraulis spp.) - [Section 01: Guide to HSN Section 01](https://busy.in/hsn/section-01/) - [Chapter 03: Fish, Molluscs and Aquatic Invertebrates](https://busy.in/hsn/chapter-03/) - [Sub-chapter 0302: Fish fillets & meat](https://busy.in/hsn/sub-chapter-0302/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Herrings (Clupea harengus, Clupea pallasii), anchovies (Engraulis spp.), sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus), mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), jack and horse mackerel (Trachurus spp.), cobia (Rachycentron canadum) and swordfish (Xiphias gladius), excluding livers and roes : Anchovies (Engraulis spp.) | 0% | 0% | 0% | 0% | ## Frequently asked questions ### What products are classified under HSN 3024200 ? It includes Fresh/Chilled Anchovies (Engraulis spp.) ### Does e‑invoicing apply for Fresh/Chilled Anchovies (Engraulis spp.)? 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. ### Do I need an e‑way bill when moving Fresh/Chilled Anchovies (Engraulis spp.)? 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. ### How should I show Fresh/Chilled Anchovies (Engraulis spp.) 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 Fresh/Chilled Anchovies (Engraulis spp.)? No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42. ## India's trade performance: HSN Code 03024200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹8 Cr (+15.12% YoY) — 0.0002% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹8 Cr (Surplus); surplus rank #3435 of 12657 HSN codes - Share of Sub-Chapter 0302: 1.78% of its exports; import side 0.00% - Rank within Sub-Chapter 0302: #9 of 67 by export value ### Key metrics - Export CAGR: -1.30% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6012 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +30.55% in FY 2022-23 - Contribution to Sub-Ch. 0302: 1.78% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 03024200 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. 0302 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0302 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 8.98 | 0.0004% | — | 2.09% | Nil | 0.0000% | — | 0.00% | +8.98 | #5116 | | FY 2019-20 | 9.35 | 0.0004% | +4.12% | 2.23% | Nil | 0.0000% | — | 0.00% | +9.35 | #5101 | | FY 2020-21 | 6.14 | 0.0003% | −34.33% | 1.95% | Nil | 0.0000% | — | 0.00% | +6.14 | #5676 | | FY 2021-22 | 7.66 | 0.0002% | +24.76% | 2.20% | Nil | 0.0000% | — | 0.00% | +7.66 | #5826 | | FY 2022-23 | 10.00 | 0.0003% | +30.55% | 2.53% | Nil | 0.0000% | — | 0.00% | +10.00 | #5629 | | FY 2023-24 | 7.21 | 0.0002% | −27.90% | 1.41% | Nil | 0.0000% | — | 0.00% | +7.21 | #6121 | | FY 2024-25 | 8.30 | 0.0002% | +15.12% | 1.78% | Nil | 0.0000% | — | 0.00% | +8.30 | #6012 | - CAGR (7-year): exports -1.30%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 03024200 export-import analysis ### Export decline: -1.30% CAGR over 7 years India's exports under HSN Code 03024200 have declined at a compound annual rate of -1.30% over 7 fiscal years, falling from ₹8.98 Crore in FY 2018-19 to ₹8.30 Crore in FY 2024-25. ### HSN Code 03024200 ranked #6012 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 03024200 ranks #6012 out of 12657 HSN codes by total export value. Within Sub-Chapter 0302, it ranks #9 of 67. By trade surplus, it ranks #3435 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 03024200 exports The strongest single-year export movement for HSN Code 03024200 was recorded in FY 2022-23, when exports surged by 30.55% over the prior year. ### India maintains a trade surplus of ₹8.30 Crore in HSN Code 03024200 goods In FY 2024-25, India's exports of ₹8.30 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹8.30 Crore — ranking #3435 of 12657 by surplus magnitude. ### HSN Code 03024200 contributes 1.78% of Sub-Chapter 0302 exports — ranked #9 Among the 67 HSN codes under Sub-Chapter 0302, HSN Code 03024200 ranks #9 by export value — accounting for 1.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 0302 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 03028990: Other fish, excluding livers and roes: Other](https://busy.in/hsn/hsn-03028990/) | ₹151 Cr | | #2 | [HSN Code 03025900: Other Fish (Excluding Livers and Roes)](https://busy.in/hsn/hsn-03025900/) | ₹114 Cr | | #3 | [HSN Code 03028930: Pomfret fish](https://busy.in/hsn/hsn-03028930/) | ₹73 Cr | | #4 | [HSN Code 03027300: Fresh/Chilled Carp](https://busy.in/hsn/hsn-03027300/) | ₹38 Cr | | #5 | [HSN Code 03027200: Catfish (Pangasius, Silurus)](https://busy.in/hsn/hsn-03027200/) | ₹26 Cr | | #6 | [HSN Code 03021900: Salmonidae, excluding livers and roes: Others](https://busy.in/hsn/hsn-03021900/) | ₹12 Cr | | #7 | [HSN Code 03024900: Heat Exchange Units\| Shell And Tube Type](https://busy.in/hsn/hsn-03024900/) | ₹11 Cr | | #8 | [HSN Code 03024400: Fresh/Chilled Mackerel (Scomber spp.)](https://busy.in/hsn/hsn-03024400/) | ₹9 Cr | | #9 | HSN Code 03024200: Fresh/Chilled Anchovies (Engraulis spp.) (this hsn code) | ₹8 Cr | | #10 | [HSN Code 03023900: Tunas – Other](https://busy.in/hsn/hsn-03023900/) | ₹7 Cr |