--- title: "HSN Code for Whey & Natural Milk Constituent Products | HSN 04049000 GST Rate" description: "Find HSN and GST Rates for 04049000 related to Whey & Natural Milk Constituent Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-04049000/" --- # HSN Code 04049000: Whey & Natural Milk Constituent 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 0404: Whey & milk products, sweetened](https://busy.in/hsn/sub-chapter-0404/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 4049000 ? It includes Whey & Natural Milk Constituent Products ### How much GST applies to Whey & Natural Milk Constituent Products? Under HSN 04049000, Whey & Natural Milk Constituent Products attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice. ### How to bill mixed items when Whey & Natural Milk Constituent Products is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Whey & Natural Milk Constituent Products and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Is ITC allowed for costs used to trade Whey & Natural Milk Constituent 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. ### Any import/export nuance for Whey & Natural Milk Constituent 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 Whey & Natural Milk Constituent 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. ### Does ‘pre‑packaged & labelled’ change GST on Whey & Natural Milk Constituent Products? Yes. When Whey & Natural Milk Constituent 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 04049000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹12 Cr (+77.47% YoY) — 0.0003% of India's total exports - Imports: ₹4 Cr (−63.43% YoY) — 0.0001% of India's total imports - Trade balance: ₹8 Cr (Surplus); surplus rank #3440 of 12657 HSN codes - Share of Sub-Chapter 0404: 70.69% of its exports; import side 1.97% - Rank within Sub-Chapter 0404: #1 of 4 by export value; import-side #4 ### Key metrics - Export CAGR: 28.64% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5532 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +374.15% in FY 2023-24 - Contribution to Sub-Ch. 0404: 70.69% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 04049000 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 | 2.73 | 0.0001% | — | 8.36% | 9.19 | 0.0003% | — | 10.74% | −6.46 | #6585 | | FY 2019-20 | 1.21 | 0.0001% | −55.68% | 20.68% | 8.91 | 0.0003% | −3.05% | 7.29% | −7.70 | #7418 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −30.58% | 18.18% | 13.57 | 0.0005% | +52.30% | 8.46% | −12.73 | #7808 | | FY 2021-22 | 1.75 | 0.0001% | +108.33% | 31.14% | 5.40 | 0.0001% | −60.21% | 4.52% | −3.65 | #7459 | | FY 2022-23 | 1.47 | 0.0000% | −16.00% | 21.15% | Nil | 0.0000% | −100.00% | 0.00% | +1.47 | #7755 | | FY 2023-24 | 6.97 | 0.0002% | +374.15% | 65.82% | 11.24 | 0.0002% | — | 4.12% | −4.27 | #6173 | | FY 2024-25 | 12.37 | 0.0003% | +77.47% | 70.69% | 4.11 | 0.0001% | −63.43% | 1.97% | +8.26 | #5532 | - CAGR (7-year): exports 28.64%/yr, imports -12.55%/yr (consistently Surplus) ## Key trade insights: HSN Code 04049000 export-import analysis ### Consistent export growth: 28.64% CAGR over 7 years India's exports under HSN Code 04049000 have grown at a compound annual rate of 28.64% over 7 fiscal years, rising from ₹2.73 Crore in FY 2018-19 to ₹12.37 Crore in FY 2024-25. ### HSN Code 04049000 ranked #5532 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 04049000 ranks #5532 out of 12657 HSN codes by total export value. Within Sub-Chapter 0404, it ranks #1 of 4. By trade surplus, it ranks #3440 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 04049000 exports The strongest single-year export movement for HSN Code 04049000 was recorded in FY 2023-24, when exports surged by 374.15% over the prior year. ### India maintains a trade surplus of ₹8.26 Crore in HSN Code 04049000 goods In FY 2024-25, India's exports of ₹12.37 Cr exceeded imports of ₹4.11 Cr, resulting in a trade surplus of ₹8.26 Crore — ranking #3440 of 12657 by surplus magnitude. ### Import growth of -12.55% CAGR signals stable import dependency for Whey & Natural Milk Constituent Products India's imports under HSN Code 04049000 have grown at -12.55% CAGR, reaching ₹4.11 Crore in FY 2024-25. ### HSN Code 04049000 contributes 70.69% of Sub-Chapter 0404 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 0404, HSN Code 04049000 ranks #1 by export value — accounting for 70.69% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.97% share (rank #4). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-04041010/) | < ₹1 Crore |