HSN Code 03061500: Frozen Norway lobsters

HSN Code 03061500 represents Frozen Norway lobsters under GST classification. This code helps businesses identify Frozen Norway lobsters correctly for billing, taxation, and trade. With HSN Code 03061500, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Frozen Norway lobsters.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 03061500

HSN Code 03061500 relates to the following description.

Description of Goods

Frozen : Norway lobsters (Nephrops norvegicus) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Chapter

03 - Fish and crustaceans,molluscs and other acquatic invertibrates

Sub Chapter

0306 - Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; flours, meals and pellets of crustaceans, fit for human consumption

CGST

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

Frozen : Norway lobsters (Nephrops norvegicus)

Chapter

03 - Fish and crustaceans,molluscs and other acquatic invertibrates

Sub Chapter

0306 - Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; flours, meals and pellets of crustaceans, fit for human consumption

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 03061500 not include?

Frozen Norway lobsters does not include products with the following descriptions.

Frozen: Rock lobster and other sea craw fish (Palinurus spp., Panulirus spp., Jasus spp.) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen: Rock lobster and other sea craw fish (Palinurus spp., Panulirus spp., Jasus spp.)

Frozen : Lobsters (Homarus spp.) : Whole, cooked [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Lobsters (Homarus spp.) : Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Crabs [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Accelerated Freeze Dried (AFD) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen: Other shrimps and prawns : Scampi (Macrobrachium spp.) : Accelerated Freeze Dried (AFD) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen: Other shrimps and prawns : Scampi (Macrobrachium spp.) : Accelerated Freeze Dried (AFD)

Frozen: Other shrimps and prawns : Scampi (Macrobrachium spp.) : Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Vannamei shrimp (Litopenaeus vannamei) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Vannamei shrimp (Litopenaeus vannamei)

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Indian white shrimp (Fenneropenaeus indicus) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Indian white shrimp (Fenneropenaeus indicus)

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Black tiger shrimp (Penaeus monodon) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Black tiger shrimp (Penaeus monodon)

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Flower shrimp (Penaeus semisulcatus) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen : Other shrimps and prawns : Scampi (Macrobrachium spp.): Flower shrimp (Penaeus semisulcatus)

Frozen: Other shrimps and prawns : Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen: Other, including flours, meals and pellets, of crustaceans, fit for human consumption [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Frozen: Other, including flours, meals and pellets, of crustaceans, fit for human consumption

Crustaceans, whether in shell or not,live, fresh, chilled, frozen, dried, saltedor in brine; crustaceans, in shell, cookedby steaming or by boiling in water,whether or not chilled, frozen, dried,salted or in brine; flours, meals andpellets, of crustaceans, fit for humanconsumptionnot frozen : rock lobster and other sea craw fish(palinurus spp., panulirus spp., jasus spp.)

Crustaceans, whether in shell or not,live, fresh, chilled, frozen, dried, saltedor in brine; crustaceans, in shell, cookedby steaming or by boiling in water,whether or not chilled, frozen, dried,salted or in brine; flours, meals andpellets, of crustaceans, fit for humanconsumptionnot frozen : lobsters (homarus spp.)

Crustaceans, whether in shell or not,live, fresh, chilled, frozen, dried, saltedor in brine; crustaceans, in shell, cookedby steaming or by boiling in water,whether or not chilled, frozen, dried,salted or in brine; flours, meals andpellets, of crustaceans, fit for humanconsumptionnot frozen : crabs

Crustaceans, whether in shell or not,live, fresh, chilled, frozen, dried, saltedor in brine; crustaceans, in shell, cookedby steaming or by boiling in water,whether or not chilled, frozen, dried,salted or in brine; flours, meals andpellets, of crustaceans, fit for humanconsumptionnot frozen : other, including flours, meals and pellets, of crustaceans, fit for human consumption

Live, fresh or chilled: Rock lobster and other sea craw fish (Palinurus spp., Panulirus spp., Jasus spp.) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Live, fresh or chilled: Cold-water shrimps and prawns (Pandalus spp., Crangon crangon)

Other: Lobsters ( Homarus spp.)[ other than fresh or chilled and other than pre-packaged and labelled unit container]

Other: Crabs[ other than fresh or chilled and other than pre-packaged and labelled unit container]

Other: Norway lobsters (Nephrops norvegicus) [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Other: Shrimps and prawns [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Other: Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

India’s Trade Performance — HSN Code 03061500 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹21 Cr

+13.58% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

First year of recorded data

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹8 Cr

Trade Surplus

Surplus rank #3480 of 12657 HSN codes

% of Sub-Chapter 0306

FY 2024-25

0.05%

Share of Sub-Chapter 0306’s total exports in FY 2024-25

Import side: 3.86% of Sub-Chapter 0306’s imports

Rank Within Sub-Chapter 0306

FY 2024-25

#17 of 43

Position by export value among HSN codes in Sub-Chapter 0306

Import-side rank: #7 of 43

At a glance

#4807

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+110.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.05%

Contribution to Sub-Ch. 0306

Share of Sub-Chapter 0306 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 03061500

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

−0.27

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.10% of Sub-Ch. 0306

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0306

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

FY 2022-23 Exp. Rank #5792

Balance

+8.80

Exports

8.80 ₹ Cr

0.0002% share

YoY

0.02% of Sub-Ch. 0306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

FY 2023-24 Exp. Rank #4882

Balance

+18.48

Exports

18.48 ₹ Cr

0.0005% share

+110.00% YoY

0.05% of Sub-Ch. 0306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0306

FY 2024-25 Exp. Rank #4807

Balance

+7.75

Exports

20.99 ₹ Cr

0.0006% share

+13.58% YoY

0.05% of Sub-Ch. 0306

Imports

13.24 ₹ Cr

0.0002% share

YoY

3.86% of Sub-Ch. 0306

CAGR · 7-Year

Exports

Imports

91.32% /yr

Consistently Surplus
Sub-Chapter 0306 total

reference, FY 2024-25

Export

₹39,218.77 Cr

Import

₹343.42 Cr

Trade Balance

+38,875.35

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 03061500 Export-Import Analysis

Export Snapshot for HSN Code 03061500

India exported ₹20.99 Crore worth of Frozen Norway lobsters in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 03061500 Ranked #4807 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 03061500 ranks #4807 out of 12657 HSN codes by total export value. Within Sub-Chapter 0306, it ranks #17 of 43. By trade surplus, it ranks #3480 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 03061500 Exports

The strongest single-year export movement for HSN Code 03061500 was recorded in FY 2023-24, when exports surged by 110.00% over the prior year.

India Maintains a Trade Surplus of ₹7.75 Crore in HSN Code 03061500 Goods

In FY 2024-25, India's exports of ₹20.99 Cr exceeded imports of ₹13.24 Cr, resulting in a trade surplus of ₹7.75 Crore — ranking #3480 of 12657 by surplus magnitude.

Import Growth of 91.32% CAGR Signals Rising Demand for Frozen Norway lobsters

India's imports under HSN Code 03061500 have grown at 91.32% CAGR, reaching ₹13.24 Crore in FY 2024-25.

HSN Code 03061500 Contributes 0.05% of Sub-Chapter 0306 Exports — Ranked #17

Among the 43 HSN codes under Sub-Chapter 0306, HSN Code 03061500 ranks #17 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.86% share (rank #7).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 03061500 and GST compliance.

What products are classified under HSN 3061500 ?

It includes Frozen Norway lobsters

Does ‘pre‑packaged & labelled’ change GST on Frozen Norway lobsters?

Yes. When Frozen Norway lobsters 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 to bill mixed items when Frozen Norway lobsters is sold with exempt goods?

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

How much GST applies to Frozen Norway lobsters?

Under HSN 03061500, Frozen Norway lobsters attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

Any import/export nuance for Frozen Norway lobsters?

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 Norway lobsters?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.