Find GST Rates & HSN
HSN Code 04059020: Ghee
HSN Code 04059020 represents Ghee under GST classification. This code helps businesses identify Ghee correctly for billing, taxation, and trade. With HSN Code 04059020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ghee.
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Description of Goods for HSN Code 04059020
HSN Code 04059020 relates to the following description.
What does HSN Code 04059020 not include?
Ghee does not include products with the following descriptions.
Butter
Dairy spreads
Other:Butter oil
Other:Other
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India’s Trade Performance — HSN Code 04059020 in FY 2025-26
India’s Exports
FY 2025-26₹970 Cr
0.0249% of India’s total exports
India’s Imports
FY 2025-26₹7 Cr
0.0001% of India’s total imports
Trade Balance
FY 2025-26₹963 Cr
Surplus rank #399 of 12872 HSN codes
% of Sub-Chapter 0405
FY 2025-2638.51%
Share of Sub-Chapter 0405’s total exports in FY 2025-26
Import side: 13.61% of Sub-Chapter 0405’s imports
Rank Within Sub-Chapter 0405
FY 2025-26#1 of 5
Position by export value among HSN codes in Sub-Chapter 0405
Import-side rank: #3 of 5
At a glance
11.28%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#605
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+28.89%
Peak Growth Year
FY 2020-21 · strongest single-year move
38.51%
Contribution to Sub-Ch. 0405
Share of Sub-Chapter 0405 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 04059020
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+451.35
Exports
458.75 ₹ Cr
0.0201% share
— YoY
32.14% of Sub-Ch. 0405
Imports
7.40 ₹ Cr
0.0002% share
— YoY
51.86% of Sub-Ch. 0405
Balance
+439.01
Exports
439.84 ₹ Cr
0.0200% share
−4.12% YoY
49.10% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−88.78% YoY
6.32% of Sub-Ch. 0405
Balance
+565.42
Exports
566.92 ₹ Cr
0.0264% share
+28.89% YoY
74.68% of Sub-Ch. 0405
Imports
1.50 ₹ Cr
0.0001% share
+80.72% YoY
6.49% of Sub-Ch. 0405
Balance
+598.99
Exports
599.81 ₹ Cr
0.0191% share
+5.80% YoY
40.73% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−45.33% YoY
13.04% of Sub-Ch. 0405
Balance
+667.49
Exports
669.51 ₹ Cr
0.0185% share
+11.62% YoY
55.97% of Sub-Ch. 0405
Imports
2.02 ₹ Cr
0.0000% share
+146.34% YoY
12.32% of Sub-Ch. 0405
Balance
+824.60
Exports
828.50 ₹ Cr
0.0229% share
+23.75% YoY
56.62% of Sub-Ch. 0405
Imports
3.90 ₹ Cr
0.0001% share
+93.07% YoY
26.71% of Sub-Ch. 0405
Balance
+992.71
Exports
995.11 ₹ Cr
0.0270% share
+20.11% YoY
30.89% of Sub-Ch. 0405
Imports
2.40 ₹ Cr
0.0000% share
−38.46% YoY
11.70% of Sub-Ch. 0405
Balance
+963.12
Exports
969.68 ₹ Cr
0.0249% share
−2.56% YoY
38.51% of Sub-Ch. 0405
Imports
6.56 ₹ Cr
0.0001% share
+173.33% YoY
13.61% of Sub-Ch. 0405
CAGR · 8-Year
Exports
11.28% /yr
Imports
−1.71% /yr
reference, FY 2025-26
Export
₹2,518.25 Cr
Import
₹48.19 Cr
Trade Balance
+2,470.06
Key Trade Insights: HSN Code 04059020 Export-Import Analysis
Consistent Export Growth: 11.28% CAGR Over 8 Years
India's exports under HSN Code 04059020 have grown at a compound annual rate of 11.28% over 8 fiscal years, rising from ₹458.75 Crore in FY 2018-19 to ₹969.68 Crore in FY 2025-26.
HSN Code 04059020 Ranked #605 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 04059020 ranks #605 out of 12872 HSN codes by total export value. Within Sub-Chapter 0405, it ranks #1 of 5. By trade surplus, it ranks #399 of 12872.
FY 2020-21 Was the Strongest Growth Year for HSN Code 04059020 Exports
The strongest single-year export movement for HSN Code 04059020 was recorded in FY 2020-21, when exports surged by 28.89% over the prior year.
India Maintains a Trade Surplus of ₹963.12 Crore in HSN Code 04059020 Goods
In FY 2025-26, India's exports of ₹969.68 Cr exceeded imports of ₹6.56 Cr, resulting in a trade surplus of ₹963.12 Crore — ranking #399 of 12872 by surplus magnitude.
Import Growth of −1.71% CAGR Signals Stable Import Dependency for Ghee
India's imports under HSN Code 04059020 have grown at −1.71% CAGR, reaching ₹6.56 Crore in FY 2025-26.
HSN Code 04059020 Contributes 38.51% of Sub-Chapter 0405 Exports — Ranked #1
Among the 5 HSN codes under Sub-Chapter 0405, HSN Code 04059020 ranks #1 by export value — accounting for 38.51% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 13.61% share (rank #3).
Frequently Asked Questions
Clear answers to common queries about HSN Code 04059020 and GST compliance.
What products are classified under HSN 4059020 ?
It includes Ghee
Is ITC allowed for costs used to trade Ghee?
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.
How to bill mixed items when Ghee is sold with exempt goods?
Use separate invoice lines per HSN. Apply TBD for Ghee and Nil for exempt lines. This avoids misclassification and wrong tax collection.
How much GST applies to Ghee?
Under HSN 04059020, Ghee 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 Ghee?
Yes. When Ghee 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.
Any import/export nuance for Ghee?
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 Ghee?
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.