--- title: "HSN Code for Concentrated & Sweetened Milk & Cream | HSN 04022920 GST Rate" description: "Find HSN and GST Rates for 04022920 related to Concentrated & Sweetened Milk & Cream with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-04022920/" --- # HSN Code 04022920: Concentrated & Sweetened Milk & Cream - [Section 01: Guide to HSN Section 01](https://busy.in/hsn/section-01/) - [Chapter 04: Dairy, Eggs, Honey and Animal-Origin Products](https://busy.in/hsn/chapter-04/) - [Sub-chapter 0402: Ground-nuts & fractions](https://busy.in/hsn/sub-chapter-0402/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Milk for babies | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 4022920 ? It includes Concentrated & Sweetened Milk & Cream ### How to bill mixed items when Concentrated & Sweetened Milk & Cream is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Concentrated & Sweetened Milk & Cream and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Any import/export nuance for Concentrated & Sweetened Milk & Cream? 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 Concentrated & Sweetened Milk & Cream? Yes. When Concentrated & Sweetened Milk & Cream 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 Concentrated & Sweetened Milk & Cream? 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. ### How much GST applies to Concentrated & Sweetened Milk & Cream? Under HSN 04022920, Concentrated & Sweetened Milk & Cream attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ## India's trade performance: HSN Code 04022920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (+453.54% YoY) — 0.0003% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹13 Cr (Surplus); surplus rank #3182 of 12657 HSN codes - Share of Sub-Chapter 0402: 4.76% of its exports; import side 0.00% - Rank within Sub-Chapter 0402: #5 of 13 by export value ### Key metrics - Export CAGR: 48.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5513 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +453.54% in FY 2024-25 - Contribution to Sub-Ch. 0402: 4.76% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 04022920 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 0402 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0402 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.18 | 0.0001% | — | 0.18% | Nil | 0.0000% | — | 0.00% | +1.18 | #7467 | | FY 2019-20 | 1.40 | 0.0001% | +18.64% | 1.30% | Nil | 0.0000% | — | 0.00% | +1.40 | #7284 | | FY 2020-21 | 1.26 | 0.0001% | −10.00% | 0.35% | Nil | 0.0000% | — | 0.00% | +1.26 | #7454 | | FY 2021-22 | 1.81 | 0.0001% | +43.65% | 0.17% | Nil | 0.0000% | — | 0.00% | +1.81 | #7435 | | FY 2022-23 | 1.45 | 0.0000% | −19.89% | 0.25% | Nil | 0.0000% | — | 0.00% | +1.45 | #7766 | | FY 2023-24 | 2.26 | 0.0001% | +55.86% | 1.15% | Nil | 0.0000% | — | 0.00% | +2.26 | #7450 | | FY 2024-25 | 12.51 | 0.0003% | +453.54% | 4.76% | Nil | 0.0000% | — | 0.00% | +12.51 | #5513 | - CAGR (7-year): exports 48.22%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 04022920 export-import analysis ### Consistent export growth: 48.22% CAGR over 7 years India's exports under HSN Code 04022920 have grown at a compound annual rate of 48.22% over 7 fiscal years, rising from ₹1.18 Crore in FY 2018-19 to ₹12.51 Crore in FY 2024-25. ### HSN Code 04022920 ranked #5513 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 04022920 ranks #5513 out of 12657 HSN codes by total export value. Within Sub-Chapter 0402, it ranks #5 of 13. By trade surplus, it ranks #3182 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 04022920 exports The strongest single-year export movement for HSN Code 04022920 was recorded in FY 2024-25, when exports surged by 453.54% over the prior year. ### India maintains a trade surplus of ₹12.51 Crore in HSN Code 04022920 goods In FY 2024-25, India's exports of ₹12.51 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹12.51 Crore — ranking #3182 of 12657 by surplus magnitude. ### HSN Code 04022920 contributes 4.76% of Sub-Chapter 0402 exports — ranked #5 Among the 13 HSN codes under Sub-Chapter 0402, HSN Code 04022920 ranks #5 by export value — accounting for 4.76% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 0402 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 04021010: Liquid Milk & Cream (Not Concentrated or Sweetened)](https://busy.in/hsn/hsn-04021010/) | ₹154 Cr | | #2 | [HSN Code 04022990: Other Milk Powder (>1.5% Fat)](https://busy.in/hsn/hsn-04022990/) | ₹37 Cr | | #3 | [HSN Code 04029990: Other\|Other \|Other](https://busy.in/hsn/hsn-04029990/) | ₹21 Cr | | #4 | [HSN Code 04022100: Unsweetened High-Fat Milk Powder](https://busy.in/hsn/hsn-04022100/) | ₹19 Cr | | #5 | HSN Code 04022920: Concentrated & Sweetened Milk & Cream (this hsn code) | ₹13 Cr | | #6 | [HSN Code 04021020: Baby Milk Food (<=1.5% Fat)](https://busy.in/hsn/hsn-04021020/) | ₹9 Cr | | #7 | [HSN Code 04021090: Other Milk Powder (≤1.5% Fat)](https://busy.in/hsn/hsn-04021090/) | ₹5 Cr | | #8 | [HSN Code 04029190: Non-sweetened milk products](https://busy.in/hsn/hsn-04029190/) | ₹4 Cr | | #9 | [HSN Code 04022910: Concentrated Milk & Cream (Unsweetened)](https://busy.in/hsn/hsn-04022910/) | ₹1 Cr | | #10 | [HSN Code 04029920: Other \| Other \| Condensed Milk](https://busy.in/hsn/hsn-04029920/) | ₹1 Cr |