--- title: "HSN Code for Concentrated Whey | HSN 04041010 GST Rate" description: "Find HSN and GST Rates for 04041010 related to Concentrated Whey with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-04041010/" --- # HSN Code 04041010: Concentrated Whey - [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 0404: Whey & milk products, sweetened](https://busy.in/hsn/sub-chapter-0404/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter :Whey, concentrated, evaporated or condensed, liquid or semi-solid | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 4041010 ? It includes Concentrated Whey ### Any import/export nuance for Concentrated Whey? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### How to bill mixed items when Concentrated Whey is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Concentrated Whey and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### How much GST applies to Concentrated Whey? Under HSN 04041010, Concentrated Whey attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ### Does ‘pre‑packaged & labelled’ change GST on Concentrated Whey? Yes. When Concentrated Whey 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. ### Is ITC allowed for costs used to trade Concentrated Whey? 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. ## India's trade performance: HSN Code 04041010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−21.43% YoY) — 0.0000% of India's total exports - Imports: ₹17 Cr (+47.20% YoY) — 0.0003% of India's total imports - Trade balance: −₹17 Cr (Deficit); surplus rank #9431 of 12657 HSN codes - Share of Sub-Chapter 0404: 1.89% of its exports; import side 8.19% - Rank within Sub-Chapter 0404: #4 of 4 by export value; import-side #3 ### Key metrics - Export CAGR: 79.10% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9144 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +6,100.00% in FY 2022-23 - Contribution to Sub-Ch. 0404: 1.89% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 04041010 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. 0404 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0404 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.03% | < ₹1 Crore | 0.0000% | — | 0.14% | −0.11 | #9921 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +2,000.00% | 3.59% | 2.22 | 0.0001% | +1,750.00% | 1.82% | −2.01 | #8811 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −76.19% | 1.08% | 1.68 | 0.0001% | −24.32% | 1.05% | −1.63 | #9546 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −40.00% | 0.53% | 2.72 | 0.0001% | +61.90% | 2.28% | −2.69 | #9964 | | FY 2022-23 | 1.86 | 0.0001% | +6,100.00% | 26.76% | 1.56 | 0.0000% | −42.65% | 0.83% | +0.30 | #7518 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −77.42% | 3.97% | 11.59 | 0.0002% | +642.95% | 4.25% | −11.17 | #8938 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −21.43% | 1.89% | 17.06 | 0.0003% | +47.20% | 8.19% | −16.73 | #9144 | - CAGR (7-year): exports 79.10%/yr, imports 128.45%/yr (consistently Deficit) ## Key trade insights: HSN Code 04041010 export-import analysis ### Consistent export growth: 79.10% CAGR over 7 years India's exports under HSN Code 04041010 have grown at a compound annual rate of 79.10% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.33 Crore in FY 2024-25. ### HSN Code 04041010 ranked #9144 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 04041010 ranks #9144 out of 12657 HSN codes by total export value. Within Sub-Chapter 0404, it ranks #4 of 4. By trade surplus, it ranks #9431 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 04041010 exports The strongest single-year export movement for HSN Code 04041010 was recorded in FY 2022-23, when exports surged by 6,100.00% over the prior year. ### India records a trade deficit of ₹16.73 Crore in HSN Code 04041010 goods In FY 2024-25, India's imports of ₹17.06 Cr exceeded exports of ₹0.33 Cr, resulting in a trade deficit of ₹16.73 Crore — ranking #9431 of 12657 by surplus magnitude. ### Import growth of 128.45% CAGR signals rising demand for Concentrated Whey India's imports under HSN Code 04041010 have grown at 128.45% CAGR, reaching ₹17.06 Crore in FY 2024-25. ### HSN Code 04041010 contributes 1.89% of Sub-Chapter 0404 exports — ranked #4 Among the 4 HSN codes under Sub-Chapter 0404, HSN Code 04041010 ranks #4 by export value — accounting for 1.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.19% share (rank #3). ## Related HSN Codes in Sub-Chapter 0404 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 04049000: Whey & Natural Milk Constituent Products](https://busy.in/hsn/hsn-04049000/) | ₹12 Cr | | #2 | [HSN Code 04041090: Whey and modified whey, other](https://busy.in/hsn/hsn-04041090/) | ₹3 Cr | | #3 | [HSN Code 04041020: Whey, dry, blocks, and powdered](https://busy.in/hsn/hsn-04041020/) | ₹2 Cr | | #4 | HSN Code 04041010: Concentrated Whey (this hsn code) | < ₹1 Crore |