--- title: "HSN Code for Frozen Eels | HSN 03032600 GST Rate" description: "Find HSN and GST Rates for 03032600 related to Frozen Eels with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-03032600/" --- # HSN Code 03032600: Frozen Eels - [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 0303: Frozen fish](https://busy.in/hsn/sub-chapter-0303/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Tilapias (Oreochromis spp.), catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.), carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthys spp., Cirrhinus spp., Mylopharyngodon piceus), eels (Anguilla spp.), Nile perch (Lates niloticus) and snakeheads (Channa spp.), excluding livers and roes :Eels (Anguilla spp.) [ other than fresh or chilled and other than pre-packaged and labelled unit container] | 0% | 0% | 0% | 0% | | Tilapias (Oreochromis spp.), catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.), carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthys spp., Cirrhinus spp., Mylopharyngodon piceus), eels (Anguilla spp.), Nile perch (Lates niloticus) and snakeheads (Channa spp.), excluding livers and roes :Eels (Anguilla spp.) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 3032600 ? It includes Frozen Eels ### How to bill mixed items when Frozen Eels is sold with exempt goods? Use separate invoice lines per HSN. Apply Varies for Frozen Eels and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Does ‘pre‑packaged & labelled’ change GST on Frozen Eels? Yes. When Frozen Eels is not fresh/chilled and is sold in pre‑packaged & labelled packs, GST is 5%. If it is not pre‑packaged & labelled, it stays Nil. ### Any import/export nuance for Frozen Eels? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### Is ITC allowed for costs used to trade Frozen Eels? If your outward supply is taxable (e.g., 5% or 12%), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Are e‑way bill and e‑invoice required for Frozen Eels? e‑Way bill is needed for consignment value above ₹50,000 unless exempted. e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ## India's trade performance: HSN Code 03032600 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹15 Cr (−16.39% YoY) — 0.0004% of India's total exports - Imports: ₹2 Cr (+7,166.67% YoY) — 0.0000% of India's total imports - Trade balance: ₹13 Cr (Surplus); surplus rank #3182 of 12657 HSN codes - Share of Sub-Chapter 0303: 0.29% of its exports; import side 0.44% - Rank within Sub-Chapter 0303: #22 of 89 by export value; import-side #12 ### Key metrics - Export CAGR: -5.86% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5292 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +25.83% in FY 2019-20 - Contribution to Sub-Ch. 0303: 0.29% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 03032600 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. 0303 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0303 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 21.10 | 0.0009% | — | 0.44% | < ₹1 Crore | 0.0000% | — | 0.04% | +21.07 | #4039 | | FY 2019-20 | 26.55 | 0.0012% | +25.83% | 0.76% | < ₹1 Crore | 0.0000% | +33.33% | 0.02% | +26.51 | #3755 | | FY 2020-21 | 21.50 | 0.0010% | −19.02% | 0.76% | < ₹1 Crore | 0.0000% | −75.00% | 0.00% | +21.49 | #4094 | | FY 2021-22 | 18.44 | 0.0006% | −14.23% | 0.56% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +18.43 | #4698 | | FY 2022-23 | 15.34 | 0.0004% | −16.81% | 0.29% | < ₹1 Crore | 0.0000% | +2,200.00% | 0.10% | +15.11 | #5035 | | FY 2023-24 | 17.57 | 0.0005% | +14.54% | 0.33% | < ₹1 Crore | 0.0000% | −86.96% | 0.01% | +17.54 | #4943 | | FY 2024-25 | 14.69 | 0.0004% | −16.39% | 0.29% | 2.18 | 0.0000% | +7,166.67% | 0.44% | +12.51 | #5292 | - CAGR (7-year): exports -5.86%/yr, imports 104.28%/yr (consistently Surplus) ## Key trade insights: HSN Code 03032600 export-import analysis ### Export decline: -5.86% CAGR over 7 years India's exports under HSN Code 03032600 have declined at a compound annual rate of -5.86% over 7 fiscal years, falling from ₹21.10 Crore in FY 2018-19 to ₹14.69 Crore in FY 2024-25. ### HSN Code 03032600 ranked #5292 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 03032600 ranks #5292 out of 12657 HSN codes by total export value. Within Sub-Chapter 0303, it ranks #22 of 89. By trade surplus, it ranks #3182 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 03032600 exports The strongest single-year export movement for HSN Code 03032600 was recorded in FY 2019-20, when exports surged by 25.83% over the prior year. ### India maintains a trade surplus of ₹12.51 Crore in HSN Code 03032600 goods In FY 2024-25, India's exports of ₹14.69 Cr exceeded imports of ₹2.18 Cr, resulting in a trade surplus of ₹12.51 Crore — ranking #3182 of 12657 by surplus magnitude. ### Import growth of 104.28% CAGR signals rising demand for Frozen Eels India's imports under HSN Code 03032600 have grown at 104.28% CAGR, reaching ₹2.18 Crore in FY 2024-25. ### HSN Code 03032600 contributes 0.29% of Sub-Chapter 0303 exports — ranked #22 Among the 89 HSN codes under Sub-Chapter 0303, HSN Code 03032600 ranks #22 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.44% share (rank #12). ## Related HSN Codes in Sub-Chapter 0303 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 03038930: Ribbon Fish](https://busy.in/hsn/hsn-03038930/) | ₹1,449 Cr | | #2 | [HSN Code 03035910: Indian Mackerels (Rastrelliger Spp.)](https://busy.in/hsn/hsn-03035910/) | ₹1,318 Cr | | #3 | [HSN Code 03038980: Dogfish (Frozen, excl. pre-packaged)](https://busy.in/hsn/hsn-03038980/) | ₹515 Cr | | #4 | [HSN Code 03038990: Other Fish](https://busy.in/hsn/hsn-03038990/) | ₹356 Cr | | #5 | [HSN Code 03034300: Frozen Skipjack/Bonito](https://busy.in/hsn/hsn-03034300/) | ₹306 Cr | | #6 | [HSN Code 03038950: Frozen pomfret](https://busy.in/hsn/hsn-03038950/) | ₹303 Cr | | #7 | [HSN Code 03034200: Frozen Yellowfin Tuna](https://busy.in/hsn/hsn-03034200/) | ₹207 Cr | | #8 | [HSN Code 03032300: Frozen Tilapia](https://busy.in/hsn/hsn-03032300/) | ₹150 Cr | | #9 | [HSN Code 03033300: Frozen Sole](https://busy.in/hsn/hsn-03033300/) | ₹81 Cr | | #10 | [HSN Code 03032900: Frozen Nile perch & snakeheads](https://busy.in/hsn/hsn-03032900/) | ₹39 Cr | | #22 | HSN Code 03032600: Frozen Eels (this hsn code) | ₹15 Cr |