--- title: "HSN Code for Buttermilk, Curd, Whey & Other Fermented Milk Products | HSN 04039090 GST Rate" description: "Find HSN and GST Rates for 04039090 related to Buttermilk, Curd, Whey & Other Fermented Milk Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-04039090/" --- # HSN Code 04039090: Buttermilk, Curd, Whey & Other Fermented Milk Products - [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 0403: Yogurt, Milk & Cream](https://busy.in/hsn/sub-chapter-0403/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other :Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 4039090 ? It includes Buttermilk, Curd, Whey & Other Fermented Milk Products ### Any import/export nuance for Buttermilk, Curd, Whey & Other Fermented Milk Products? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### Are e‑way bill and e‑invoice required for Buttermilk, Curd, Whey & Other Fermented Milk Products? 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 Buttermilk, Curd, Whey & Other Fermented Milk Products? Under HSN 04039090, Buttermilk, Curd, Whey & Other Fermented Milk Products attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ### Is ITC allowed for costs used to trade Buttermilk, Curd, Whey & Other Fermented Milk Products? 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. ### Does ‘pre‑packaged & labelled’ change GST on Buttermilk, Curd, Whey & Other Fermented Milk Products? Yes. When Buttermilk, Curd, Whey & Other Fermented Milk Products 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. ## India's trade performance: HSN Code 04039090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹25 Cr (+51.63% YoY) — 0.0007% of India's total exports - Imports: < ₹1 Crore (−98.89% YoY) — 0.0000% of India's total imports - Trade balance: ₹25 Cr (Surplus); surplus rank #2673 of 12657 HSN codes - Share of Sub-Chapter 0403: 65.66% of its exports; import side 92.00% - Rank within Sub-Chapter 0403: #1 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 33.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4562 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +78.47% in FY 2023-24 - Contribution to Sub-Ch. 0403: 65.66% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 04039090 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. 0403 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0403 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.41 | 0.0002% | — | 56.18% | 6.17 | 0.0002% | — | 94.05% | −1.76 | #6023 | | FY 2019-20 | 5.23 | 0.0002% | +18.59% | 57.54% | 6.91 | 0.0002% | +11.99% | 94.66% | −1.68 | #5798 | | FY 2020-21 | 7.26 | 0.0003% | +38.81% | 55.04% | < ₹1 Crore | 0.0000% | −92.19% | 60.00% | +6.72 | #5474 | | FY 2021-22 | 9.57 | 0.0003% | +31.82% | 60.23% | < ₹1 Crore | 0.0000% | −81.48% | 27.78% | +9.47 | #5538 | | FY 2022-23 | 9.29 | 0.0003% | −2.93% | 51.18% | < ₹1 Crore | 0.0000% | +580.00% | 30.22% | +8.61 | #5724 | | FY 2023-24 | 16.58 | 0.0005% | +78.47% | 59.70% | 20.70 | 0.0004% | +2,944.12% | 100.00% | −4.12 | #5026 | | FY 2024-25 | 25.14 | 0.0007% | +51.63% | 65.66% | < ₹1 Crore | 0.0000% | −98.89% | 92.00% | +24.91 | #4562 | - CAGR (7-year): exports 33.66%/yr, imports -42.20%/yr (consistently Surplus) ## Key trade insights: HSN Code 04039090 export-import analysis ### Consistent export growth: 33.66% CAGR over 7 years India's exports under HSN Code 04039090 have grown at a compound annual rate of 33.66% over 7 fiscal years, rising from ₹4.41 Crore in FY 2018-19 to ₹25.14 Crore in FY 2024-25. ### HSN Code 04039090 ranked #4562 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 04039090 ranks #4562 out of 12657 HSN codes by total export value. Within Sub-Chapter 0403, it ranks #1 of 4. By trade surplus, it ranks #2673 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 04039090 exports The strongest single-year export movement for HSN Code 04039090 was recorded in FY 2023-24, when exports surged by 78.47% over the prior year. ### India maintains a trade surplus of ₹24.91 Crore in HSN Code 04039090 goods In FY 2024-25, India's exports of ₹25.14 Cr exceeded imports of ₹0.23 Cr, resulting in a trade surplus of ₹24.91 Crore — ranking #2673 of 12657 by surplus magnitude. ### Import growth of -42.20% CAGR signals stable import dependency for Buttermilk, Curd, Whey & Other Fermented Milk Products India's imports under HSN Code 04039090 have grown at -42.20% CAGR, reaching ₹0.23 Crore in FY 2024-25. ### HSN Code 04039090 contributes 65.66% of Sub-Chapter 0403 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 0403, HSN Code 04039090 ranks #1 by export value — accounting for 65.66% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 92.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 0403 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 04039090: Buttermilk, Curd, Whey & Other Fermented Milk Products (this hsn code) | ₹25 Cr | | #2 | [HSN Code 04039010: Other \|Butter Milk](https://busy.in/hsn/hsn-04039010/) | ₹13 Cr | | #3 | [HSN Code 04032000: Yogurt (Non-Frozen)](https://busy.in/hsn/hsn-04032000/) | < ₹1 Crore | | — | [HSN Code 04031000: Mozzarella cheese](https://busy.in/hsn/hsn-04031000/) | Nil |