--- title: "HSN Code for Seabass | HSN 03038400 GST Rate" description: "Find HSN and GST Rates for 03038400 related to Seabass with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-03038400/" --- # HSN Code 03038400: Seabass - [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 | | --- | --- | --- | --- | --- | | Other fish, excluding livers and roes : Seabass (Dicentrarchus spp.) [ other than fresh or chilled and other than pre-packaged and labelled unit container] | 0% | 0% | 0% | 0% | | Other fish, excluding livers and roes : Seabass (Dicentrarchus spp.) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 3038400 ? It includes Seabass ### How much GST applies to Seabass? Under HSN 03038400, Seabass attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ### Is ITC allowed for costs used to trade Seabass? 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 Seabass is sold with exempt goods? Use separate invoice lines per HSN. Apply Varies for Seabass and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Are e‑way bill and e‑invoice required for Seabass? 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. ### Does ‘pre‑packaged & labelled’ change GST on Seabass? Yes. When Seabass 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. ## India's trade performance: HSN Code 03038400 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−91.30% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7174 of 12657 HSN codes - Share of Sub-Chapter 0303: 0.00% of its exports; import side 0.00% ### Key metrics - Peak growth year: +4,100.00% in FY 2019-20 - Contribution to Sub-Ch. 0303: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 03038400 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 | < ₹1 Crore | 0.0000% | — | 0.00% | 3.98 | 0.0001% | — | 5.49% | −3.96 | #9774 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +4,100.00% | 0.02% | 1.17 | 0.0000% | −70.60% | 0.73% | −0.33 | #7759 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −97.44% | 0.01% | −0.03 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +1,400.00% | 0.17% | −0.42 | #9964 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +166.67% | 0.00% | < ₹1 Crore | 0.0000% | −68.89% | 0.06% | −0.06 | #9735 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −62.50% | 0.00% | < ₹1 Crore | 0.0000% | +64.29% | 0.09% | −0.20 | #10223 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −91.30% | 0.00% | −0.02 | — | - CAGR (7-year): exports —/yr, imports -58.61%/yr (consistently Deficit) ## Key trade insights: HSN Code 03038400 export-import analysis ### Export snapshot for HSN Code 03038400 India exported ₹0.00 Crore worth of Seabass in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2019-20 was the strongest growth year for HSN Code 03038400 exports The strongest single-year export movement for HSN Code 03038400 was recorded in FY 2019-20, when exports surged by 4,100.00% over the prior year. ### India records a trade deficit of ₹0.02 Crore in HSN Code 03038400 goods In FY 2024-25, India's imports of ₹0.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.02 Crore — ranking #7174 of 12657 by surplus magnitude. ### Import growth of -58.61% CAGR signals stable import dependency for Seabass India's imports under HSN Code 03038400 have grown at -58.61% CAGR, reaching ₹0.02 Crore in FY 2024-25. ## 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 | | — | HSN Code 03038400: Seabass (this hsn code) | Nil |