HSN Code 04041010: Concentrated Whey

HSN Code 04041010 represents Concentrated Whey under GST classification. This code helps businesses identify Concentrated Whey correctly for billing, taxation, and trade. With HSN Code 04041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Concentrated Whey.

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Description of Goods for HSN Code 04041010

HSN Code 04041010 relates to the following description.

Description of Goods

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

Chapter

04 - Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included

Sub Chapter

0404 - Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 04041010 not include?

Concentrated Whey does not include products with the following descriptions.

HSN Code 04041020

Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter :Whey, dry, blocks and powdered

HSN Code 04041090

Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter:Other

India’s Trade Performance — HSN Code 04041010 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

−21.43% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹17 Cr

+47.20% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹17 Cr

Trade Deficit

Surplus rank #9431 of 12657 HSN codes

% of Sub-Chapter 0404

FY 2024-25

1.89%

Share of Sub-Chapter 0404’s total exports in FY 2024-25

Import side: 8.19% of Sub-Chapter 0404’s imports

Rank Within Sub-Chapter 0404

FY 2024-25

#4 of 4

Position by export value among HSN codes in Sub-Chapter 0404

Import-side rank: #3 of 4

At a glance

79.10%

Export CAGR

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

#9144

National Export Rank

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

+6,100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.89%

Contribution to Sub-Ch. 0404

Share of Sub-Chapter 0404 exports in FY 2024-25

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

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 0404

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.14% of Sub-Ch. 0404

FY 2019-20 Exp. Rank #8811

Balance

−2.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,000.00% YoY

3.59% of Sub-Ch. 0404

Imports

2.22 ₹ Cr

0.0001% share

+1,750.00% YoY

1.82% of Sub-Ch. 0404

FY 2020-21 Exp. Rank #9546

Balance

−1.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−76.19% YoY

1.08% of Sub-Ch. 0404

Imports

1.68 ₹ Cr

0.0001% share

−24.32% YoY

1.05% of Sub-Ch. 0404

FY 2021-22 Exp. Rank #9964

Balance

−2.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.53% of Sub-Ch. 0404

Imports

2.72 ₹ Cr

0.0001% share

+61.90% YoY

2.28% of Sub-Ch. 0404

FY 2022-23 Exp. Rank #7518

Balance

+0.30

Exports

1.86 ₹ Cr

0.0001% share

+6,100.00% YoY

26.76% of Sub-Ch. 0404

Imports

1.56 ₹ Cr

0.0000% share

−42.65% YoY

0.83% of Sub-Ch. 0404

FY 2023-24 Exp. Rank #8938

Balance

−11.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−77.42% YoY

3.97% of Sub-Ch. 0404

Imports

11.59 ₹ Cr

0.0002% share

+642.95% YoY

4.25% of Sub-Ch. 0404

FY 2024-25 Exp. Rank #9144

Balance

−16.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−21.43% YoY

1.89% of Sub-Ch. 0404

Imports

17.06 ₹ Cr

0.0003% share

+47.20% YoY

8.19% of Sub-Ch. 0404

CAGR · 7-Year

Exports

79.10% /yr

Imports

128.45% /yr

Consistently Deficit
Sub-Chapter 0404 total

reference, FY 2024-25

Export

₹17.50 Cr

Import

₹208.33 Cr

Trade Balance

−190.83

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 04041010 and GST compliance.

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.

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.