---
title: "HSN Code for Ribbon Fish | HSN 03038930 GST Rate"
description: "Find HSN and GST Rates for 03038930 related to Ribbon Fish with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-03038930/"
---

# HSN Code 03038930: Ribbon Fish

- [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 : Other: Ribbon Fish [ other than fresh or chilled and other than pre-packaged and labelled unit container] | 0% | 0% | 0% | 0% |
| Other fish, excluding livers and roes : Other: Ribbon Fish | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 3038930 ?

It includes Ribbon Fish

### Any import/export nuance for Ribbon Fish?

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 Ribbon Fish?

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.

### Does ‘pre‑packaged & labelled’ change GST on Ribbon Fish?

Yes. When Ribbon Fish 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.

### Are e‑way bill and e‑invoice required for Ribbon Fish?

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.

### How much GST applies to Ribbon Fish?

Under HSN 03038930, Ribbon Fish attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

## India's trade performance: HSN Code 03038930 (FY 2024-25)

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

- Exports: ₹1,449 Cr (−15.11% YoY) — 0.0394% of India's total exports
- Imports: < ₹1 Crore (−81.12% YoY) — 0.0000% of India's total imports
- Trade balance: ₹1,449 Cr (Surplus); surplus rank #266 of 12657 HSN codes
- Share of Sub-Chapter 0303: 28.57% of its exports; import side 0.11%
- Rank within Sub-Chapter 0303: #1 of 89 by export value; import-side #17

### Key metrics

- Export CAGR: 1.50% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #378 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +143.62% in FY 2022-23
- Contribution to Sub-Ch. 0303: 28.57% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 03038930

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 | 1,325.36 | 0.0580% | — | 27.40% | Nil | 0.0000% | — | 0.00% | +1,325.36 | #246 |
| FY 2019-20 | 1,165.22 | 0.0529% | −12.08% | 33.33% | 1.23 | 0.0000% | — | 0.76% | +1,163.99 | #273 |
| FY 2020-21 | 561.09 | 0.0261% | −51.85% | 19.81% | < ₹1 Crore | 0.0000% | −82.11% | 0.09% | +560.87 | #616 |
| FY 2021-22 | 699.75 | 0.0223% | +24.71% | 21.37% | 4.24 | 0.0001% | +1,827.27% | 1.62% | +695.51 | #632 |
| FY 2022-23 | 1,704.72 | 0.0471% | +143.62% | 31.82% | 12.67 | 0.0002% | +198.82% | 5.28% | +1,692.05 | #300 |
| FY 2023-24 | 1,707.23 | 0.0472% | +0.15% | 31.76% | 2.86 | 0.0001% | −77.43% | 1.12% | +1,704.37 | #299 |
| FY 2024-25 | 1,449.19 | 0.0394% | −15.11% | 28.57% | < ₹1 Crore | 0.0000% | −81.12% | 0.11% | +1,448.65 | #378 |

- CAGR (7-year): exports 1.50%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 03038930 export-import analysis

### Consistent export growth: 1.50% CAGR over 7 years

India's exports under HSN Code 03038930 have grown at a compound annual rate of 1.50% over 7 fiscal years, rising from ₹1,325.36 Crore in FY 2018-19 to ₹1,449.19 Crore in FY 2024-25.

### HSN Code 03038930 ranked #378 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 03038930 ranks #378 out of 12657 HSN codes by total export value. Within Sub-Chapter 0303, it ranks #1 of 89. By trade surplus, it ranks #266 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 03038930 exports

The strongest single-year export movement for HSN Code 03038930 was recorded in FY 2022-23, when exports surged by 143.62% over the prior year.

### India maintains a trade surplus of ₹1,448.65 Crore in HSN Code 03038930 goods

In FY 2024-25, India's exports of ₹1,449.19 Cr exceeded imports of ₹0.54 Cr, resulting in a trade surplus of ₹1,448.65 Crore — ranking #266 of 12657 by surplus magnitude.

### HSN Code 03038930 contributes 28.57% of Sub-Chapter 0303 exports — ranked #1

Among the 89 HSN codes under Sub-Chapter 0303, HSN Code 03038930 ranks #1 by export value — accounting for 28.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #17).

## 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 (this hsn code) | ₹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 |