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.

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).

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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.

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.