HSN Code 04022920 represents Concentrated & Sweetened Milk & Cream under GST classification. This code helps businesses identify Concentrated & Sweetened Milk & Cream correctly for billing, taxation, and trade. With HSN Code 04022920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Concentrated & Sweetened Milk & Cream.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 04022920 relates to the following description.
Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included
Milk and cream, concentrated or containing added sugar or other sweetening matter
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%
Description of Goods
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Milk for babies
Chapter
04 - Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included
Sub Chapter
0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Concentrated & Sweetened Milk & Cream does not include products with the following descriptions.
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% : Skimmed Milk
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5%: Milk food for babies
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% :Other
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5%: Not containing added sugar or other sweetening matter
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Whole milk
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Other
Other: Not containing added sugar or other sweetening matter : Condensed milk
Other
Other:Not containing added sugar or other sweetening matter:Other
Other:Other :Whole milk
Other:Other :Condensed milk
Other:Other :Other
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% : Skimmed Milk
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5%: Milk food for babies
In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% :Other
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5%: Not containing added sugar or other sweetening matter
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Whole milk
In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Other
Other: Not containing added sugar or other sweetening matter : Condensed milk
Other
Other:Not containing added sugar or other sweetening matter:Other
Other:Other :Whole milk
Other:Other :Condensed milk
Other:Other :Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2024-25₹13 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹13 Cr
Surplus rank #3182 of 12657 HSN codes
% of Sub-Chapter 0402
FY 2024-254.76%
Share of Sub-Chapter 0402’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 0402’s imports
Rank Within Sub-Chapter 0402
FY 2024-25#5 of 13
Position by export value among HSN codes in Sub-Chapter 0402
At a glance
48.22%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5513
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+453.54%
Peak Growth Year
FY 2024-25 · strongest single-year move
4.76%
Contribution to Sub-Ch. 0402
Share of Sub-Chapter 0402 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.18
Exports
1.18 ₹ Cr
0.0001% share
— YoY
0.18% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+1.40
Exports
1.40 ₹ Cr
0.0001% share
+18.64% YoY
1.30% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+1.26
Exports
1.26 ₹ Cr
0.0001% share
−10.00% YoY
0.35% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+1.81
Exports
1.81 ₹ Cr
0.0001% share
+43.65% YoY
0.17% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+1.45
Exports
1.45 ₹ Cr
0.0000% share
−19.89% YoY
0.25% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+2.26
Exports
2.26 ₹ Cr
0.0001% share
+55.86% YoY
1.15% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
Balance
+12.51
Exports
12.51 ₹ Cr
0.0003% share
+453.54% YoY
4.76% of Sub-Ch. 0402
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0402
CAGR · 7-Year
Exports
48.22% /yr
Imports
—
reference, FY 2024-25
Export
₹262.81 Cr
Import
₹10.72 Cr
Trade Balance
+252.09
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.
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.
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.
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.
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.
Clear answers to common queries about HSN Code 04022920 and GST compliance.
It includes Concentrated & Sweetened Milk & Cream
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.
Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.
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.
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.
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.