HSN Code 03074930: Squid Tubes

HSN Code 03074930 represents Squid Tubes under GST classification. This code helps businesses identify Squid Tubes correctly for billing, taxation, and trade. With HSN Code 03074930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Squid Tubes.

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Description of Goods for HSN Code 03074930

HSN Code 03074930 relates to the following description.

Description of Goods

Cuttle fish and squid : Other : 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 : Other : 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 03074930 not include?

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 : Frozen: Squid Tubes (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 : 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 03074930 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

₹2 Cr

−56.20% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4267 of 12657 HSN codes

% of Sub-Chapter 0307

FY 2024-25

0.03%

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

Import side: 0.00% of Sub-Chapter 0307’s imports

Rank Within Sub-Chapter 0307

FY 2024-25

#15 of 43

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

At a glance

−24.91%

Export CAGR

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

#7697

National Export Rank

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

+235.92%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.03%

Contribution to Sub-Ch. 0307

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

India Export-Import Trade Statistics for HSN Code 03074930

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 #4984

Balance

+10.04

Exports

10.04 ₹ Cr

0.0004% share

YoY

0.19% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2020-21 Exp. Rank #8070

Balance

+0.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2021-22 Exp. Rank #7670

Balance

+1.42

Exports

1.42 ₹ Cr

0.0000% share

+129.03% YoY

0.03% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2022-23 Exp. Rank #6506

Balance

+4.77

Exports

4.77 ₹ Cr

0.0001% share

+235.92% YoY

0.07% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2023-24 Exp. Rank #6810

Balance

+4.11

Exports

4.11 ₹ Cr

0.0001% share

−13.84% YoY

0.07% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

FY 2024-25 Exp. Rank #7697

Balance

+1.80

Exports

1.80 ₹ Cr

0.0000% share

−56.20% YoY

0.03% of Sub-Ch. 0307

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0307

CAGR · 7-Year

Exports

−24.91% /yr

Imports

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 03074930 Export-Import Analysis

Export Decline: −24.91% CAGR Over 7 Years

India's exports under HSN Code 03074930 have declined at a compound annual rate of −24.91% over 7 fiscal years, falling from ₹10.04 Crore in FY 2018-19 to ₹1.80 Crore in FY 2024-25.

HSN Code 03074930 Ranked #7697 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 03074930 ranks #7697 out of 12657 HSN codes by total export value. Within Sub-Chapter 0307, it ranks #15 of 43. By trade surplus, it ranks #4267 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 03074930 Exports

The strongest single-year export movement for HSN Code 03074930 was recorded in FY 2022-23, when exports surged by 235.92% over the prior year.

India Maintains a Trade Surplus of ₹1.80 Crore in HSN Code 03074930 Goods

In FY 2024-25, India's exports of ₹1.80 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.80 Crore — ranking #4267 of 12657 by surplus magnitude.

HSN Code 03074930 Contributes 0.03% of Sub-Chapter 0307 Exports — Ranked #15

Among the 43 HSN codes under Sub-Chapter 0307, HSN Code 03074930 ranks #15 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 03074930 and GST compliance.

What products are classified under HSN 3074930 ?

It includes Squid Tubes

Does ‘pre‑packaged & labelled’ change GST on Squid Tubes?

Yes. When 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 Squid Tubes?

Under HSN 03074930, Squid Tubes attracts Varies subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

Are e‑way bill and e‑invoice required for 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.

Any import/export nuance for Squid Tubes?

Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.

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

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

Is ITC allowed for costs used to trade 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.

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.