HSN Code 03074330: Frozen Squid Tubes

HSN Code 03074330 represents Frozen Squid Tubes under GST classification. This code helps businesses identify Frozen Squid Tubes correctly for billing, taxation, and trade. With HSN Code 03074330, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Frozen Squid Tubes.

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Description of Goods for HSN Code 03074330

HSN Code 03074330 relates to the following description.

Description of Goods

Cuttle fish and squid : Frozen: Squid Tubes (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

0307 - Molluscs, whether in shell or not, live,fresh, chilled, frozen, dried, salted or inbrine; smoked molluscs,whether in shell ornot,whetheror not cooked before or duringthe smoking process; flours, meals andpellets of molluscs, fit for human consumption

CGST

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

Cuttle fish and squid : Frozen: Squid Tubes

Chapter

03 - Fish and crustaceans,molluscs and other acquatic invertibrates

Sub Chapter

0307 - Molluscs, whether in shell or not, live,fresh, chilled, frozen, dried, salted or inbrine; smoked molluscs,whether in shell ornot,whetheror not cooked before or duringthe smoking process; flours, meals andpellets of molluscs, fit for human consumption

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 03074330 not include?

Frozen Squid Tubes does not include products with the following descriptions.

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

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

Scallops, including green scallops of tthe genera Pecten, Chlamys or Placopecten : Live, fresh or chilled

Scallops, including green scallops of tthe genera Pecten, Chlamys or Placopecten : Frozen [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Scallops, including green scallops of tthe genera Pecten, Chlamys or Placopecten : Frozen

Scallops, including green scallops of tthe genera Pecten, Chlamys or Placopecten : Other [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Scallops, including green scallops of tthe genera Pecten, Chlamys or Placopecten : Other

Mussels (Mytilus spp., Perna spp.) : Frozen [ other than fresh or chilled and other than pre-packaged and labelled unit container]

Mussels (Mytilus spp., Perna spp.) : Other : Clams, clam meat (bivalves-Victorita, spp.,Mertrix spp. and Katalysia spp.[ other than fresh or chilled and other than pre-packaged and labelled unit container]

Mussels (Mytilus spp., Perna spp.) : Other : Clams, clam meat (bivalves-Victorita, spp.,Mertrix spp. and Katalysia spp.)

Mussels (Mytilus spp., Perna spp.) : Other : Other (other than fresh or chilled and other than pre-packaged and labelled unit container)

Molluscs, whether in shell or not, live,fresh, chilled, frozen, dried, salted or inbrine; aquatic invertebrates other than crustaceans and molluscs, live, fresh,chilled, frozen, dried, salted or in brine;flours, meals and pellets of aquaticinvertebrates other than crustaceans,fit for human consumptioncuttle fish (sepia officinalis, rossiamacrosoma, septiola spp.) and squid(ommastrephes spp., loligo spp., nototodarusspp., sepioteuthis spp.) : live, fresh and chilled cuttle fish

Invertebrates other than crustaceans and molluscs, live, fresh,chilled, frozen, dried, salted or in brine;flours, meals and pellets of aquaticinvertebrates other than crustaceans,fit for human consumptioncuttle fish (sepia officinalis, rossiamacrosoma, septiola spp.) and squid(ommastrephes spp., loligo spp., nototodarusspp., sepioteuthis spp.) : live, fresh and chilled squid

Cuttle fish and squid : Frozen: Cuttle Fish (other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Frozen: Whole Squids (other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Other: Cuttle Fish (other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Other : Whole Squids(other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Other : Squid Tubes(other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Other : Dried squids(other than fresh or chilled and other than pre-packaged and labelled unit container)

Cuttle fish and squid : Other : Other(other than fresh or chilled and other than pre-packaged and labelled unit container)

Octopus (Octopus spp.) : Frozen(other than fresh or chilled and other than pre-packaged and labelled unit container)

Octopus (Octopus spp.) : Other(other than fresh or chilled and other than pre-packaged and labelled unit container)

Snails, other than sea snails (other than fresh or chilled and other than pre-packaged and labelled unit container)

Clams, cockles and ark shells (families Arcidae,Arcticidae, Cardiidae, Donacidae, Hiatellidae,Mactridae, Mesodesmatidae, Myidae, Semelidae,Solecurtidae , Solenidae, Tridacnidae and Veneridae) : Live, fresh or chilled

Clams, cockles and ark shells (families Arcidae,Arcticidae, Cardiidae, Donacidae, Hiatellidae,Mactridae, Mesodesmatidae, Myidae, Semelidae,Solecurtidae , Solenidae, Tridacnidae and Veneridae) : Frozen(other than fresh or chilled and other than pre-packaged and labelled unit container)

Clams, cockles and ark shells (families Arcidae,Arcticidae, Cardiidae, Donacidae, Hiatellidae,Mactridae, Mesodesmatidae, Myidae, Semelidae,Solecurtidae , Solenidae, Tridacnidae and Veneridae) : Frozen

Clams, cockles and ark shells (families Arcidae,Arcticidae, Cardiidae, Donacidae, Hiatellidae,Mactridae, Mesodesmatidae, Myidae, Semelidae,Solecurtidae , Solenidae, Tridacnidae and Veneridae) : Other(other than fresh or chilled and other than pre-packaged and labelled unit container)

Clams, cockles and ark shells (families Arcidae,Arcticidae, Cardiidae, Donacidae, Hiatellidae,Mactridae, Mesodesmatidae, Myidae, Semelidae,Solecurtidae , Solenidae, Tridacnidae and Veneridae) : Other

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Live, fresh or chilled abalone

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Live, fresh or chilled stromboid conchs

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Frozen Abalone(other than fresh or chilled and other than pre-packaged and labelled unit container)

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Frozen Abalone

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Frozen stromboid conchs (other than fresh or chilled and other than pre-packaged and labelled unit container)

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Frozen stromboid conchs

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Other abalone (other than fresh or chilled and other than pre-packaged and labelled unit container)

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Other abalone

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Other stromboid conchs (other than fresh or chilled and other than pre-packaged and labelled unit container)

Abalone (Haliotis Spp.) and stromboid conchs (Strombus spp.): Other stromboid conchs

Other : Frozen (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)

Chilled, frozen, dried, salted or in brine;flours, meals and pellets of aquaticinvertebrates other than crustaceans,fit for human consumption other : sea shell flesh

Chilled, frozen, dried, salted or in brine;flours, meals and pellets of aquaticinvertebrates other than crustaceans,fit for human consumption other : jelly fish (rhopelina spp.), dried salted or frozen

Chilled, frozen, dried, salted or in brine;flours, meals and pellets of aquaticinvertebrates other than crustaceans,fit for human consumption other : other

India’s Trade Performance — HSN Code 03074330 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

₹112 Cr

−16.30% vs FY 2023-24

0.0030% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹112 Cr

Trade Surplus

Surplus rank #1533 of 12657 HSN codes

% of Sub-Chapter 0307

FY 2024-25

1.86%

Share of Sub-Chapter 0307’s total exports in FY 2024-25

Import side: 1.54% of Sub-Chapter 0307’s imports

Rank Within Sub-Chapter 0307

FY 2024-25

#4 of 43

Position by export value among HSN codes in Sub-Chapter 0307

Import-side rank: #7 of 43

At a glance

2.84%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2514

National Export Rank

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

+208.65%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.86%

Contribution to Sub-Ch. 0307

Share of Sub-Chapter 0307 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 03074330

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 Exp. Rank #2085

Balance

+92.46

Exports

94.87 ₹ Cr

0.0042% share

YoY

1.82% of Sub-Ch. 0307

Imports

2.41 ₹ Cr

0.0001% share

YoY

6.57% of Sub-Ch. 0307

FY 2019-20 Exp. Rank #2341

Balance

+73.57

Exports

75.93 ₹ Cr

0.0034% share

−19.96% YoY

1.59% of Sub-Ch. 0307

Imports

2.36 ₹ Cr

0.0001% share

−2.07% YoY

7.73% of Sub-Ch. 0307

FY 2020-21 Exp. Rank #2935

Balance

+48.71

Exports

49.83 ₹ Cr

0.0023% share

−34.37% YoY

1.22% of Sub-Ch. 0307

Imports

1.12 ₹ Cr

0.0000% share

−52.54% YoY

4.27% of Sub-Ch. 0307

FY 2021-22 Exp. Rank #1916

Balance

+153.79

Exports

153.80 ₹ Cr

0.0049% share

+208.65% YoY

2.78% of Sub-Ch. 0307

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.11% YoY

0.04% of Sub-Ch. 0307

FY 2022-23 Exp. Rank #1824

Balance

+181.30

Exports

182.89 ₹ Cr

0.0051% share

+18.91% YoY

2.66% of Sub-Ch. 0307

Imports

1.59 ₹ Cr

0.0000% share

+15,800.00% YoY

3.97% of Sub-Ch. 0307

FY 2023-24 Exp. Rank #2238

Balance

+134.07

Exports

134.07 ₹ Cr

0.0037% share

−26.69% YoY

2.23% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0307

FY 2024-25 Exp. Rank #2514

Balance

+111.77

Exports

112.21 ₹ Cr

0.0030% share

−16.30% YoY

1.86% of Sub-Ch. 0307

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.54% of Sub-Ch. 0307

CAGR · 7-Year

Exports

2.84% /yr

Imports

−24.68% /yr

Consistently Surplus
Sub-Chapter 0307 total

reference, FY 2024-25

Export

₹6,041.62 Cr

Import

₹28.56 Cr

Trade Balance

+6,013.06

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

Key Trade Insights: HSN Code 03074330 Export-Import Analysis

Consistent Export Growth: 2.84% CAGR Over 7 Years

India's exports under HSN Code 03074330 have grown at a compound annual rate of 2.84% over 7 fiscal years, rising from ₹94.87 Crore in FY 2018-19 to ₹112.21 Crore in FY 2024-25.

HSN Code 03074330 Ranked #2514 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 03074330 ranks #2514 out of 12657 HSN codes by total export value. Within Sub-Chapter 0307, it ranks #4 of 43. By trade surplus, it ranks #1533 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 03074330 Exports

The strongest single-year export movement for HSN Code 03074330 was recorded in FY 2021-22, when exports surged by 208.65% over the prior year.

India Maintains a Trade Surplus of ₹111.77 Crore in HSN Code 03074330 Goods

In FY 2024-25, India's exports of ₹112.21 Cr exceeded imports of ₹0.44 Cr, resulting in a trade surplus of ₹111.77 Crore — ranking #1533 of 12657 by surplus magnitude.

Import Growth of −24.68% CAGR Signals Stable Import Dependency for Frozen Squid Tubes

India's imports under HSN Code 03074330 have grown at −24.68% CAGR, reaching ₹0.44 Crore in FY 2024-25.

HSN Code 03074330 Contributes 1.86% of Sub-Chapter 0307 Exports — Ranked #4

Among the 43 HSN codes under Sub-Chapter 0307, HSN Code 03074330 ranks #4 by export value — accounting for 1.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.54% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 03074330 and GST compliance.

What products are classified under HSN 3074330 ?

It includes Frozen Squid Tubes

How to bill mixed items when Frozen Squid Tubes is sold with exempt goods?

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

Is ITC allowed for costs used to trade Frozen Squid Tubes?

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 Squid Tubes?

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 Frozen Squid Tubes?

Yes. When Frozen Squid Tubes 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 Squid Tubes?

Under HSN 03074330, Frozen Squid Tubes attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

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.