HSN Code 04059090: Butter & Other Milk-Derived Fats and Dairy Spreads
HSN Code 04059090 represents Butter & Other Milk-Derived Fats and Dairy Spreads under GST classification. This code helps businesses identify Butter & Other Milk-Derived Fats and Dairy Spreads correctly for billing, taxation, and trade. With HSN Code 04059090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Butter & Other Milk-Derived Fats and Dairy Spreads.
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Description of Goods for HSN Code 04059090
HSN Code 04059090 relates to the following description.
What does HSN Code 04059090 not include?
Butter & Other Milk-Derived Fats and Dairy Spreads does not include products with the following descriptions.
Butter
Dairy spreads
Other:Butter oil
Other: Ghee
India’s Trade Performance — HSN Code 04059090 in FY 2024-25
India’s Exports
FY 2024-25₹559 Cr
0.0152% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹559 Cr
Surplus rank #571 of 12657 HSN codes
% of Sub-Chapter 0405
FY 2024-2517.34%
Share of Sub-Chapter 0405’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 0405’s imports
Rank Within Sub-Chapter 0405
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 0405
At a glance
27.37%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#909
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+911.22%
Peak Growth Year
FY 2024-25 · strongest single-year move
17.34%
Contribution to Sub-Ch. 0405
Share of Sub-Chapter 0405 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 04059090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+130.84
Exports
130.84 ₹ Cr
0.0057% share
— YoY
9.17% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0405
Balance
+86.39
Exports
86.39 ₹ Cr
0.0039% share
−33.97% YoY
9.64% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0405
Balance
+41.25
Exports
41.26 ₹ Cr
0.0019% share
−52.24% YoY
5.43% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 0405
Balance
+190.69
Exports
190.71 ₹ Cr
0.0061% share
+362.22% YoY
12.95% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.32% of Sub-Ch. 0405
Balance
+161.90
Exports
167.30 ₹ Cr
0.0046% share
−12.28% YoY
13.99% of Sub-Ch. 0405
Imports
5.40 ₹ Cr
0.0001% share
+26,900.00% YoY
32.93% of Sub-Ch. 0405
Balance
+55.23
Exports
55.25 ₹ Cr
0.0015% share
−66.98% YoY
3.78% of Sub-Ch. 0405
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.63% YoY
0.14% of Sub-Ch. 0405
Balance
+558.70
Exports
558.70 ₹ Cr
0.0152% share
+911.22% YoY
17.34% of Sub-Ch. 0405
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 0405
CAGR · 7-Year
Exports
27.37% /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 04059090 Export-Import Analysis
Consistent Export Growth: 27.37% CAGR Over 7 Years
India's exports under HSN Code 04059090 have grown at a compound annual rate of 27.37% over 7 fiscal years, rising from ₹130.84 Crore in FY 2018-19 to ₹558.70 Crore in FY 2024-25.
HSN Code 04059090 Ranked #909 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 04059090 ranks #909 out of 12657 HSN codes by total export value. Within Sub-Chapter 0405, it ranks #3 of 5. By trade surplus, it ranks #571 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 04059090 Exports
The strongest single-year export movement for HSN Code 04059090 was recorded in FY 2024-25, when exports surged by 911.22% over the prior year.
India Maintains a Trade Surplus of ₹558.70 Crore in HSN Code 04059090 Goods
In FY 2024-25, India's exports of ₹558.70 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹558.70 Crore — ranking #571 of 12657 by surplus magnitude.
HSN Code 04059090 Contributes 17.34% of Sub-Chapter 0405 Exports — Ranked #3
Among the 5 HSN codes under Sub-Chapter 0405, HSN Code 04059090 ranks #3 by export value — accounting for 17.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 04059090 and GST compliance.
What products are classified under HSN 4059090 ?
It includes Butter & Other Milk-Derived Fats and Dairy Spreads
How to bill mixed items when Butter & Other Milk-Derived Fats and Dairy Spreads is sold with exempt goods?
Use separate invoice lines per HSN. Apply TBD for Butter & Other Milk-Derived Fats and Dairy Spreads and Nil for exempt lines. This avoids misclassification and wrong tax collection.
Is ITC allowed for costs used to trade Butter & Other Milk-Derived Fats and Dairy Spreads?
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 much GST applies to Butter & Other Milk-Derived Fats and Dairy Spreads?
Under HSN 04059090, Butter & Other Milk-Derived Fats and Dairy Spreads attracts TBD subject to its exact form and packaging. Use the correct HSN and describe the form clearly on the invoice.
Any import/export nuance for Butter & Other Milk-Derived Fats and Dairy Spreads?
Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.
Does ‘pre‑packaged & labelled’ change GST on Butter & Other Milk-Derived Fats and Dairy Spreads?
Yes. When Butter & Other Milk-Derived Fats and Dairy Spreads 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.