HSN Code 04029110: Condensed Milk Without Added Sugar or Sweetening

HSN Code 04029110 represents Condensed Milk Without Added Sugar or Sweetening under GST classification. This code helps businesses identify Condensed Milk Without Added Sugar or Sweetening correctly for billing, taxation, and trade. With HSN Code 04029110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Condensed Milk Without Added Sugar or Sweetening.

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Description of Goods for HSN Code 04029110

HSN Code 04029110 relates to the following description.

Description of Goods

Other: Not containing added sugar or other sweetening matter : Condensed milk

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

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 04029110 not include?

Condensed Milk Without Added Sugar or Sweetening 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:Milk for babies

In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Other

India’s Trade Performance — HSN Code 04029110 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

< ₹1 Crore

−47.62% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5059 of 12657 HSN codes

% of Sub-Chapter 0402

FY 2024-25

0.08%

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

#11 of 13

Position by export value among HSN codes in Sub-Chapter 0402

At a glance

67.39%

Export CAGR

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

#9366

National Export Rank

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

+600.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.08%

Contribution to Sub-Ch. 0402

Share of Sub-Chapter 0402 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9921

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

FY 2019-20 Exp. Rank #9870

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

FY 2020-21 Exp. Rank #9546

Balance

−0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.01% of Sub-Ch. 0402

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.78% of Sub-Ch. 0402

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0402

FY 2022-23 Exp. Rank #9835

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

FY 2023-24 Exp. Rank #8938

Balance

+0.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.21% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

FY 2024-25 Exp. Rank #9366

Balance

+0.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−47.62% YoY

0.08% of Sub-Ch. 0402

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 0402

CAGR · 7-Year

Exports

67.39% /yr

Imports

Consistently Surplus
Sub-Chapter 0402 total

reference, FY 2024-25

Export

₹262.81 Cr

Import

₹10.72 Cr

Trade Balance

+252.09

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

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.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 04029110 and GST compliance.

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.

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.