---
title: "HSN Code for Frozen Skipjack/Bonito | HSN 03034300 GST Rate"
description: "Find HSN and GST Rates for 03034300 related to Frozen Skipjack/Bonito with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-03034300/"
---

# HSN Code 03034300: Frozen Skipjack/Bonito

- [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 |
| --- | --- | --- | --- | --- |
| Tunas (of the genus Thunnus), skipjack or stripe-bellied bonito [Euthynnus F119(Katsuwonus) pelamis], excluding livers and roes : Skipjack or stripe-bellied bonito [ other than fresh or chilled and other than pre-packaged and labelled unit container] | 0% | 0% | 0% | 0% |
| Tunas (of the genus Thunnus), skipjack or stripe-bellied bonito [Euthynnus F119(Katsuwonus) pelamis], excluding livers and roes : Skipjack or stripe-bellied bonito | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 3034300 ?

It includes Frozen Skipjack/Bonito

### Does ‘pre‑packaged & labelled’ change GST on Frozen Skipjack/Bonito?

Yes. When Frozen Skipjack/Bonito 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.

### Is ITC allowed for costs used to trade Frozen Skipjack/Bonito?

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.

### How to bill mixed items when Frozen Skipjack/Bonito is sold with exempt goods?

Use separate invoice lines per HSN. Apply Varies for Frozen Skipjack/Bonito and Nil for exempt lines. This avoids misclassification and wrong tax collection.

### How much GST applies to Frozen Skipjack/Bonito?

Under HSN 03034300, Frozen Skipjack/Bonito attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

### Are e‑way bill and e‑invoice required for Frozen Skipjack/Bonito?

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.

### Any import/export nuance for Frozen Skipjack/Bonito?

Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.

## India's trade performance: HSN Code 03034300 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹306 Cr (−28.31% YoY) — 0.0083% of India's total exports
- Imports: ₹1 Cr (−57.81% YoY) — 0.0000% of India's total imports
- Trade balance: ₹305 Cr (Surplus); surplus rank #905 of 12657 HSN codes
- Share of Sub-Chapter 0303: 6.04% of its exports; import side 0.27%
- Rank within Sub-Chapter 0303: #5 of 89 by export value; import-side #14

### Key metrics

- Export CAGR: 0.71% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1419 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +64.25% in FY 2023-24
- Contribution to Sub-Ch. 0303: 6.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 03034300

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 | 293.61 | 0.0128% | — | 6.07% | < ₹1 Crore | 0.0000% | — | 0.68% | +293.12 | #1000 |
| FY 2019-20 | 187.39 | 0.0085% | −36.18% | 5.36% | Nil | 0.0000% | −100.00% | 0.00% | +187.39 | #1379 |
| FY 2020-21 | 255.18 | 0.0119% | +36.18% | 9.01% | < ₹1 Crore | 0.0000% | — | 0.09% | +254.96 | #1151 |
| FY 2021-22 | 260.84 | 0.0083% | +2.22% | 7.97% | 2.51 | 0.0001% | +1,040.91% | 0.96% | +258.33 | #1393 |
| FY 2022-23 | 260.14 | 0.0072% | −0.27% | 4.86% | < ₹1 Crore | 0.0000% | −69.72% | 0.32% | +259.38 | #1467 |
| FY 2023-24 | 427.29 | 0.0118% | +64.25% | 7.95% | 3.20 | 0.0001% | +321.05% | 1.26% | +424.09 | #1094 |
| FY 2024-25 | 306.31 | 0.0083% | −28.31% | 6.04% | 1.35 | 0.0000% | −57.81% | 0.27% | +304.96 | #1419 |

- CAGR (7-year): exports 0.71%/yr, imports 18.40%/yr (consistently Surplus)

## Key trade insights: HSN Code 03034300 export-import analysis

### Consistent export growth: 0.71% CAGR over 7 years

India's exports under HSN Code 03034300 have grown at a compound annual rate of 0.71% over 7 fiscal years, rising from ₹293.61 Crore in FY 2018-19 to ₹306.31 Crore in FY 2024-25.

### HSN Code 03034300 ranked #1419 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 03034300 ranks #1419 out of 12657 HSN codes by total export value. Within Sub-Chapter 0303, it ranks #5 of 89. By trade surplus, it ranks #905 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 03034300 exports

The strongest single-year export movement for HSN Code 03034300 was recorded in FY 2023-24, when exports surged by 64.25% over the prior year.

### India maintains a trade surplus of ₹304.96 Crore in HSN Code 03034300 goods

In FY 2024-25, India's exports of ₹306.31 Cr exceeded imports of ₹1.35 Cr, resulting in a trade surplus of ₹304.96 Crore — ranking #905 of 12657 by surplus magnitude.

### Import growth of 18.40% CAGR signals rising demand for Frozen Skipjack/Bonito

India's imports under HSN Code 03034300 have grown at 18.40% CAGR, reaching ₹1.35 Crore in FY 2024-25.

### HSN Code 03034300 contributes 6.04% of Sub-Chapter 0303 exports — ranked #5

Among the 89 HSN codes under Sub-Chapter 0303, HSN Code 03034300 ranks #5 by export value — accounting for 6.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.27% share (rank #14).

## 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 (this hsn code) | ₹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 |