HSN Code 04059010: Other|Butter Oil
HSN Code 04059010 represents Other|Butter Oil under GST classification. This code helps businesses identify Other|Butter Oil correctly for billing, taxation, and trade. With HSN Code 04059010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other|Butter Oil.
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Description of Goods for HSN Code 04059010
HSN Code 04059010 relates to the following description.
What does HSN Code 04059010 not include?
Other|Butter Oil does not include products with the following descriptions.
Butter
Dairy spreads
Other: Ghee
Other:Other
India’s Trade Performance — HSN Code 04059010 in FY 2024-25
India’s Exports
FY 2024-25₹108 Cr
0.0029% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹107 Cr
Surplus rank #1565 of 12657 HSN codes
% of Sub-Chapter 0405
FY 2024-253.34%
Share of Sub-Chapter 0405’s total exports in FY 2024-25
Import side: 3.12% of Sub-Chapter 0405’s imports
Rank Within Sub-Chapter 0405
FY 2024-25#4 of 5
Position by export value among HSN codes in Sub-Chapter 0405
Import-side rank: #3 of 5
At a glance
24.80%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2564
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+10,812.50%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.34%
Contribution to Sub-Ch. 0405
Share of Sub-Chapter 0405 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 04059010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+28.47
Exports
28.47 ₹ Cr
0.0012% share
— YoY
1.99% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0405
Balance
−0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−99.96% YoY
0.00% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.23% of Sub-Ch. 0405
Balance
+0.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+3,100.00% YoY
0.04% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 0405
Balance
+33.70
Exports
34.92 ₹ Cr
0.0011% share
+10,812.50% YoY
2.37% of Sub-Ch. 0405
Imports
1.22 ₹ Cr
0.0000% share
— YoY
19.40% of Sub-Ch. 0405
Balance
+11.96
Exports
11.96 ₹ Cr
0.0003% share
−65.75% YoY
1.00% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 0405
Balance
+37.39
Exports
38.81 ₹ Cr
0.0011% share
+224.50% YoY
2.65% of Sub-Ch. 0405
Imports
1.42 ₹ Cr
0.0000% share
— YoY
9.73% of Sub-Ch. 0405
Balance
+106.94
Exports
107.58 ₹ Cr
0.0029% share
+177.20% YoY
3.34% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−54.93% YoY
3.12% of Sub-Ch. 0405
CAGR · 7-Year
Exports
24.80% /yr
Imports
—
reference, FY 2024-25
Export
₹3,221.89 Cr
Import
₹20.52 Cr
Trade Balance
+3,201.37
Key Trade Insights: HSN Code 04059010 Export-Import Analysis
Consistent Export Growth: 24.80% CAGR Over 7 Years
India's exports under HSN Code 04059010 have grown at a compound annual rate of 24.80% over 7 fiscal years, rising from ₹28.47 Crore in FY 2018-19 to ₹107.58 Crore in FY 2024-25.
HSN Code 04059010 Ranked #2564 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 04059010 ranks #2564 out of 12657 HSN codes by total export value. Within Sub-Chapter 0405, it ranks #4 of 5. By trade surplus, it ranks #1565 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 04059010 Exports
The strongest single-year export movement for HSN Code 04059010 was recorded in FY 2021-22, when exports surged by 10,812.50% over the prior year.
India Maintains a Trade Surplus of ₹106.94 Crore in HSN Code 04059010 Goods
In FY 2024-25, India's exports of ₹107.58 Cr exceeded imports of ₹0.64 Cr, resulting in a trade surplus of ₹106.94 Crore — ranking #1565 of 12657 by surplus magnitude.
HSN Code 04059010 Contributes 3.34% of Sub-Chapter 0405 Exports — Ranked #4
Among the 5 HSN codes under Sub-Chapter 0405, HSN Code 04059010 ranks #4 by export value — accounting for 3.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.12% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 04059010 and GST compliance.
What products are classified under HSN 4059010 ?
It includes Other|Butter Oil
Any import/export nuance for Other/Butter Oil?
Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.
How much GST applies to Other/Butter Oil?
Under HSN 04059010, Other/Butter Oil 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 Other/Butter Oil?
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 Other/Butter Oil?
Yes. When Other/Butter Oil 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.
How to bill mixed items when Other/Butter Oil is sold with exempt goods?
Use separate invoice lines per HSN. Apply TBD for Other/Butter Oil and Nil for exempt lines. This avoids misclassification and wrong tax collection.