--- title: "HSN Code for Frozen swordfish fillets | HSN 03048400 GST Rate" description: "Find HSN and GST Rates for 03048400 related to Frozen swordfish fillets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-03048400/" --- # HSN Code 03048400: Frozen swordfish fillets - [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 0304: Fresh or dried fruits](https://busy.in/hsn/sub-chapter-0304/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Frozen fillets of other fish : Swordfish (Xiphias gladius) [ other than fresh or chilled and other than pre-packaged and labelled unit container] | 0% | 0% | 0% | 0% | | Frozen fillets of other fish : Swordfish (Xiphias gladius) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 3048400 ? It includes Frozen swordfish fillets ### Does ‘pre‑packaged & labelled’ change GST on Frozen swordfish fillets? Yes. When Frozen swordfish fillets 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. ### How much GST applies to Frozen swordfish fillets? Under HSN 03048400, Frozen swordfish fillets attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ### How to bill mixed items when Frozen swordfish fillets is sold with exempt goods? Use separate invoice lines per HSN. Apply Varies for Frozen swordfish fillets and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Any import/export nuance for Frozen swordfish fillets? 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 swordfish fillets? 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 swordfish fillets? 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 03048400 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+70.37% YoY) — 0.0001% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹4 Cr (Surplus); surplus rank #3828 of 12657 HSN codes - Share of Sub-Chapter 0304: 0.20% of its exports; import side 0.00% - Rank within Sub-Chapter 0304: #7 of 81 by export value ### Key metrics - National export rank: #6851 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +219.61% in FY 2021-22 - Contribution to Sub-Ch. 0304: 0.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 03048400 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. 0304 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0304 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | 2.06 | 0.0001% | — | 0.12% | Nil | 0.0000% | — | 0.00% | +2.06 | #6896 | | FY 2020-21 | 3.57 | 0.0002% | +73.30% | 0.22% | Nil | 0.0000% | — | 0.00% | +3.57 | #6341 | | FY 2021-22 | 11.41 | 0.0004% | +219.61% | 0.53% | Nil | 0.0000% | — | 0.00% | +11.41 | #5310 | | FY 2022-23 | 11.34 | 0.0003% | −0.61% | 0.48% | Nil | 0.0000% | — | 0.00% | +11.34 | #5457 | | FY 2023-24 | 2.43 | 0.0001% | −78.57% | 0.12% | Nil | 0.0000% | — | 0.00% | +2.43 | #7370 | | FY 2024-25 | 4.14 | 0.0001% | +70.37% | 0.20% | Nil | 0.0000% | — | 0.00% | +4.14 | #6851 | ## Key trade insights: HSN Code 03048400 export-import analysis ### Export snapshot for HSN Code 03048400 India exported ₹4.14 Crore worth of Frozen swordfish fillets in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 03048400 ranked #6851 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 03048400 ranks #6851 out of 12657 HSN codes by total export value. Within Sub-Chapter 0304, it ranks #7 of 81. By trade surplus, it ranks #3828 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 03048400 exports The strongest single-year export movement for HSN Code 03048400 was recorded in FY 2021-22, when exports surged by 219.61% over the prior year. ### India maintains a trade surplus of ₹4.14 Crore in HSN Code 03048400 goods In FY 2024-25, India's exports of ₹4.14 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹4.14 Crore — ranking #3828 of 12657 by surplus magnitude. ### HSN Code 03048400 contributes 0.20% of Sub-Chapter 0304 exports — ranked #7 Among the 81 HSN codes under Sub-Chapter 0304, HSN Code 03048400 ranks #7 by export value — accounting for 0.20% 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 0304 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 03049900: Fish Fillets & Meat (Fresh, Chilled or Frozen)](https://busy.in/hsn/hsn-03049900/) | ₹1,824 Cr | | #2 | [HSN Code 03048990: Frozen fish fillets (other)](https://busy.in/hsn/hsn-03048990/) | ₹180 Cr | | #3 | [HSN Code 03048700: Frozen tuna & bonito fillets](https://busy.in/hsn/hsn-03048700/) | ₹18 Cr | | #4 | [HSN Code 03044940: Tuna fillets](https://busy.in/hsn/hsn-03044940/) | ₹6 Cr | | #5 | [HSN Code 03045990: Other, Fresh Or Chilled \| Other\|- Other](https://busy.in/hsn/hsn-03045990/) | ₹6 Cr | | #6 | [HSN Code 03044500: Fresh/chilled swordfish fillets](https://busy.in/hsn/hsn-03044500/) | ₹6 Cr | | #7 | HSN Code 03048400: Frozen swordfish fillets (this hsn code) | ₹4 Cr | | #8 | [HSN Code 03045400: Swordfish: Fresh or chilled](https://busy.in/hsn/hsn-03045400/) | ₹3 Cr | | #9 | [HSN Code 03043900: Fresh Tilapia, catfish, carp, eel, Nile perch](https://busy.in/hsn/hsn-03043900/) | ₹3 Cr | | #10 | [HSN Code 03046100: Frozen tilapia fillets](https://busy.in/hsn/hsn-03046100/) | ₹1 Cr |