HSN Code 04049000: Whey & Natural Milk Constituent Products

HSN Code 04049000 represents Whey & Natural Milk Constituent Products under GST classification. This code helps businesses identify Whey & Natural Milk Constituent Products correctly for billing, taxation, and trade. With HSN Code 04049000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Whey & Natural Milk Constituent Products.

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Description of Goods for HSN Code 04049000

HSN Code 04049000 relates to the following description.

Description of Goods

other

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 04049000 not include?

Whey & Natural Milk Constituent Products does not include products with the following descriptions.

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

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

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

India’s Trade Performance — HSN Code 04049000 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

₹12 Cr

+77.47% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−63.43% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹8 Cr

Trade Surplus

Surplus rank #3440 of 12657 HSN codes

% of Sub-Chapter 0404

FY 2024-25

70.69%

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

Import side: 1.97% of Sub-Chapter 0404’s imports

Rank Within Sub-Chapter 0404

FY 2024-25

#1 of 4

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

Import-side rank: #4 of 4

At a glance

28.64%

Export CAGR

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

#5532

National Export Rank

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

+374.15%

Peak Growth Year

FY 2023-24 · strongest single-year move

70.69%

Contribution to Sub-Ch. 0404

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6585

Balance

−6.46

Exports

2.73 ₹ Cr

0.0001% share

YoY

8.36% of Sub-Ch. 0404

Imports

9.19 ₹ Cr

0.0003% share

YoY

10.74% of Sub-Ch. 0404

FY 2019-20 Exp. Rank #7418

Balance

−7.70

Exports

1.21 ₹ Cr

0.0001% share

−55.68% YoY

20.68% of Sub-Ch. 0404

Imports

8.91 ₹ Cr

0.0003% share

−3.05% YoY

7.29% of Sub-Ch. 0404

FY 2020-21 Exp. Rank #7808

Balance

−12.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−30.58% YoY

18.18% of Sub-Ch. 0404

Imports

13.57 ₹ Cr

0.0005% share

+52.30% YoY

8.46% of Sub-Ch. 0404

FY 2021-22 Exp. Rank #7459

Balance

−3.65

Exports

1.75 ₹ Cr

0.0001% share

+108.33% YoY

31.14% of Sub-Ch. 0404

Imports

5.40 ₹ Cr

0.0001% share

−60.21% YoY

4.52% of Sub-Ch. 0404

FY 2022-23 Exp. Rank #7755

Balance

+1.47

Exports

1.47 ₹ Cr

0.0000% share

−16.00% YoY

21.15% of Sub-Ch. 0404

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 0404

FY 2023-24 Exp. Rank #6173

Balance

−4.27

Exports

6.97 ₹ Cr

0.0002% share

+374.15% YoY

65.82% of Sub-Ch. 0404

Imports

11.24 ₹ Cr

0.0002% share

YoY

4.12% of Sub-Ch. 0404

FY 2024-25 Exp. Rank #5532

Balance

+8.26

Exports

12.37 ₹ Cr

0.0003% share

+77.47% YoY

70.69% of Sub-Ch. 0404

Imports

4.11 ₹ Cr

0.0001% share

−63.43% YoY

1.97% of Sub-Ch. 0404

CAGR · 7-Year

Exports

28.64% /yr

Imports

−12.55% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 04049000 and GST compliance.

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.

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.