--- title: "HSN Code for Condensed Milk Without Added Sugar or Sweetening | HSN 04029110 GST Rate" description: "Find HSN and GST Rates for 04029110 related to Condensed Milk Without Added Sugar or Sweetening with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-04029110/" --- # HSN Code 04029110: Condensed Milk Without Added Sugar or Sweetening - [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 | | --- | --- | --- | --- | --- | | Other: Not containing added sugar or other sweetening matter : Condensed milk | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 4029110 ? It includes Condensed Milk Without Added Sugar or Sweetening ### How to bill mixed items when Condensed Milk Without Added Sugar or Sweetening is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Condensed Milk Without Added Sugar or Sweetening and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Does ‘pre‑packaged & labelled’ change GST on Condensed Milk Without Added Sugar or Sweetening? Yes. When Condensed Milk Without Added Sugar or Sweetening 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. ### Any import/export nuance for Condensed Milk Without Added Sugar or Sweetening? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### Is ITC allowed for costs used to trade Condensed Milk Without Added Sugar or Sweetening? 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. ### Are e‑way bill and e‑invoice required for Condensed Milk Without Added Sugar or Sweetening? 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. ## India's trade performance: HSN Code 04029110 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−47.62% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5059 of 12657 HSN codes - Share of Sub-Chapter 0402: 0.08% of its exports; import side 0.00% - Rank within Sub-Chapter 0402: #11 of 13 by export value ### Key metrics - Export CAGR: 67.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9366 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +600.00% in FY 2023-24 - Contribution to Sub-Ch. 0402: 0.08% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 04029110 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 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #9921 | | FY 2019-20 | < ₹1 Crore | 0.0000% | 0.00% | 0.01% | Nil | 0.0000% | — | 0.00% | +0.01 | #9870 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +400.00% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.78% | −0.04 | #9546 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | — | 0.00% | +0.06 | #9835 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +600.00% | 0.21% | Nil | 0.0000% | — | 0.00% | +0.42 | #8938 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −47.62% | 0.08% | Nil | 0.0000% | — | 0.00% | +0.22 | #9366 | - CAGR (7-year): exports 67.39%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 04029110 export-import analysis ### Consistent export growth: 67.39% CAGR over 7 years India's exports under HSN Code 04029110 have grown at a compound annual rate of 67.39% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.22 Crore in FY 2024-25. ### HSN Code 04029110 ranked #9366 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 04029110 ranks #9366 out of 12657 HSN codes by total export value. Within Sub-Chapter 0402, it ranks #11 of 13. By trade surplus, it ranks #5059 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 04029110 exports The strongest single-year export movement for HSN Code 04029110 was recorded in FY 2023-24, when exports surged by 600.00% over the prior year. ### India maintains a trade surplus of ₹0.22 Crore in HSN Code 04029110 goods In FY 2024-25, India's exports of ₹0.22 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.22 Crore — ranking #5059 of 12657 by surplus magnitude. ### HSN Code 04029110 contributes 0.08% of Sub-Chapter 0402 exports — ranked #11 Among the 13 HSN codes under Sub-Chapter 0402, HSN Code 04029110 ranks #11 by export value — accounting for 0.08% 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](https://busy.in/hsn/hsn-04022920/) | ₹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 | | #11 | HSN Code 04029110: Condensed Milk Without Added Sugar or Sweetening (this hsn code) | < ₹1 Crore |