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HSN Code 04012000: Milk fat content 1-6%

HSN Code 04012000 represents Milk fat content 1-6% under GST classification. This code helps businesses identify Milk fat content 1-6% correctly for billing, taxation, and trade. With HSN Code 04012000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Milk fat content 1-6%.

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Description of Goods for HSN Code 04012000

HSN Code 04012000 relates to the following description.

Description of Goods

Of a fat content, by weight, exceeding 1% but not exceeding 6%

Chapter

04 - Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included

Sub Chapter

0401 - Milk and cream, not concentrated nor containing added sugar or other sweetening matter

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 04012000 not include?

Milk fat content 1-6% does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 04012000 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

₹107 Cr

+17.07% vs FY 2023-24

0.0029% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+500.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹107 Cr

Trade Surplus

Surplus rank #1561 of 12657 HSN codes

% of Sub-Chapter 0401

FY 2024-25

73.27%

Share of Sub-Chapter 0401’s total exports in FY 2024-25

Import side: 0.24% of Sub-Chapter 0401’s imports

Rank Within Sub-Chapter 0401

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 0401

Import-side rank: #2 of 4

At a glance

28.50%

Export CAGR

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

#2567

National Export Rank

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

+128.81%

Peak Growth Year

FY 2019-20 · strongest single-year move

73.27%

Contribution to Sub-Ch. 0401

Share of Sub-Chapter 0401 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 04012000

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 #3879

Balance

+17.00

Exports

23.81 ₹ Cr

0.0010% share

— YoY

40.65% of Sub-Ch. 0401

Imports

6.81 ₹ Cr

0.0002% share

— YoY

53.66% of Sub-Ch. 0401

FY 2019-20 Exp. Rank #2765

Balance

+53.55

Exports

54.48 ₹ Cr

0.0025% share

+128.81% YoY

72.35% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.34% YoY

10.65% of Sub-Ch. 0401

FY 2020-21 Exp. Rank #2738

Balance

+56.80

Exports

57.25 ₹ Cr

0.0027% share

+5.08% YoY

88.36% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−51.61% YoY

9.20% of Sub-Ch. 0401

FY 2021-22 Exp. Rank #3138

Balance

+59.01

Exports

59.05 ₹ Cr

0.0019% share

+3.14% YoY

79.99% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.11% YoY

0.49% of Sub-Ch. 0401

FY 2022-23 Exp. Rank #2709

Balance

+88.55

Exports

88.57 ₹ Cr

0.0024% share

+49.99% YoY

93.07% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.17% of Sub-Ch. 0401

FY 2023-24 Exp. Rank #2697

Balance

+91.58

Exports

91.59 ₹ Cr

0.0025% share

+3.41% YoY

81.73% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.04% of Sub-Ch. 0401

FY 2024-25 Exp. Rank #2567

Balance

+107.16

Exports

107.22 ₹ Cr

0.0029% share

+17.07% YoY

73.27% of Sub-Ch. 0401

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

0.24% of Sub-Ch. 0401

CAGR · 7-Year

Exports

28.50% /yr

Imports

−54.55% /yr

Consistently Surplus
Sub-Chapter 0401 total

reference, FY 2024-25

Export

₹146.34 Cr

Import

₹24.69 Cr

Trade Balance

+121.65

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

Key Trade Insights: HSN Code 04012000 Export-Import Analysis

Consistent Export Growth: 28.50% CAGR Over 7 Years

India's exports under HSN Code 04012000 have grown at a compound annual rate of 28.50% over 7 fiscal years, rising from ₹23.81 Crore in FY 2018-19 to ₹107.22 Crore in FY 2024-25.

HSN Code 04012000 Ranked #2567 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 04012000 ranks #2567 out of 12657 HSN codes by total export value. Within Sub-Chapter 0401, it ranks #1 of 4. By trade surplus, it ranks #1561 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 04012000 Exports

The strongest single-year export movement for HSN Code 04012000 was recorded in FY 2019-20, when exports surged by 128.81% over the prior year.

India Maintains a Trade Surplus of ₹107.16 Crore in HSN Code 04012000 Goods

In FY 2024-25, India's exports of ₹107.22 Cr exceeded imports of ₹0.06 Cr, resulting in a trade surplus of ₹107.16 Crore — ranking #1561 of 12657 by surplus magnitude.

Import Growth of −54.55% CAGR Signals Stable Import Dependency for Milk fat content 1-6%

India's imports under HSN Code 04012000 have grown at −54.55% CAGR, reaching ₹0.06 Crore in FY 2024-25.

HSN Code 04012000 Contributes 73.27% of Sub-Chapter 0401 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 0401, HSN Code 04012000 ranks #1 by export value — accounting for 73.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.24% share (rank #2).

Frequently Asked Questions

Clear answers to common queries about HSN Code 04012000 and GST compliance.

What products are classified under HSN 4012000 ?

It includes Milk fat content 1-6%

Any import/export nuance for Milk fat content 1-6%?

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

Does ‘pre‑packaged & labelled’ change GST on Milk fat content 1-6%?

Yes. When Milk fat content 1-6% 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 Milk fat content 1-6%?

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.

Is ITC allowed for costs used to trade Milk fat content 1-6%?

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.

How much GST applies to Milk fat content 1-6%?

Under HSN 04012000, Milk fat content 1-6% attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.

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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.