--- title: "HSN Code for Sheep/Goat Guts (Natural Food Casings) | HSN 05040020 GST Rate" description: "Find HSN and GST Rates for 05040020 related to Sheep/Goat Guts (Natural Food Casings) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-05040020/" --- # HSN Code 05040020: Sheep/Goat Guts (Natural Food Casings) - [Section 01: Guide to HSN Section 01](https://busy.in/hsn/section-01/) - [Chapter 05: Other Products of Animal Origin](https://busy.in/hsn/chapter-05/) - [Sub-chapter 0504: Animal guts & bladders](https://busy.in/hsn/sub-chapter-0504/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Guts, bladders and stomachs of animals (other than fish), whole and pieces thereof, fresh, chilled, frozen, salted, in brine, dried or smoked : Guts of sheep and goats for natural food casings (other than those pre-packaged and labelled unit container) | 0% | 0% | 0% | 0% | | Guts, bladders and stomachs of animals (other than fish), whole and pieces thereof, fresh, chilled, frozen, salted, in brine, dried or smoked : Guts of sheep and goats for natural food casings | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 5040020 ? It includes Sheep/Goat Guts (Natural Food Casings) ### How much GST applies to Sheep/Goat Guts (Natural Food Casings)? Under HSN 05040020, Sheep/Goat Guts (Natural Food Casings) 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 Sheep/Goat Guts (Natural Food Casings) is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Sheep/Goat Guts (Natural Food Casings) and Nil for exempt lines. This avoids misclassification and wrong tax collection. ### Does ‘pre‑packaged & labelled’ change GST on Sheep/Goat Guts (Natural Food Casings)? Yes. When Sheep/Goat Guts (Natural Food Casings) 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. ### Are e‑way bill and e‑invoice required for Sheep/Goat Guts (Natural Food Casings)? 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. ### Any import/export nuance for Sheep/Goat Guts (Natural Food Casings)? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### Is ITC allowed for costs used to trade Sheep/Goat Guts (Natural Food Casings)? 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. ## India's trade performance: HSN Code 05040020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹10 Cr (+250.34% YoY) — 0.0003% of India's total exports - Imports: ₹3 Cr (+37.55% YoY) — 0.0001% of India's total imports - Trade balance: ₹7 Cr (Surplus); surplus rank #3530 of 12657 HSN codes - Share of Sub-Chapter 0504: 2.07% of its exports; import side 100.00% - Rank within Sub-Chapter 0504: #3 of 8 by export value; import-side #1 ### Key metrics - Export CAGR: 29.83% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5737 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +340.46% in FY 2022-23 - Contribution to Sub-Ch. 0504: 2.07% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 05040020 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. 0504 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0504 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.18 | 0.0001% | — | 0.45% | Nil | 0.0000% | — | — | +2.18 | #6853 | | FY 2019-20 | 1.16 | 0.0001% | −46.79% | 0.29% | Nil | 0.0000% | — | — | +1.16 | #7456 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −68.97% | 0.09% | Nil | 0.0000% | — | 0.00% | +0.36 | #8465 | | FY 2021-22 | 1.31 | 0.0000% | +263.89% | 0.28% | Nil | 0.0000% | — | 0.00% | +1.31 | #7745 | | FY 2022-23 | 5.77 | 0.0002% | +340.46% | 1.77% | Nil | 0.0000% | — | — | +5.77 | #6298 | | FY 2023-24 | 2.98 | 0.0001% | −48.35% | 0.75% | 2.37 | 0.0000% | — | 100.00% | +0.61 | #7150 | | FY 2024-25 | 10.44 | 0.0003% | +250.34% | 2.07% | 3.26 | 0.0001% | +37.55% | 100.00% | +7.18 | #5737 | - CAGR (7-year): exports 29.83%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 05040020 export-import analysis ### Consistent export growth: 29.83% CAGR over 7 years India's exports under HSN Code 05040020 have grown at a compound annual rate of 29.83% over 7 fiscal years, rising from ₹2.18 Crore in FY 2018-19 to ₹10.44 Crore in FY 2024-25. ### HSN Code 05040020 ranked #5737 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 05040020 ranks #5737 out of 12657 HSN codes by total export value. Within Sub-Chapter 0504, it ranks #3 of 8. By trade surplus, it ranks #3530 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 05040020 exports The strongest single-year export movement for HSN Code 05040020 was recorded in FY 2022-23, when exports surged by 340.46% over the prior year. ### India maintains a trade surplus of ₹7.18 Crore in HSN Code 05040020 goods In FY 2024-25, India's exports of ₹10.44 Cr exceeded imports of ₹3.26 Cr, resulting in a trade surplus of ₹7.18 Crore — ranking #3530 of 12657 by surplus magnitude. ### HSN Code 05040020 contributes 2.07% of Sub-Chapter 0504 exports — ranked #3 Among the 8 HSN codes under Sub-Chapter 0504, HSN Code 05040020 ranks #3 by export value — accounting for 2.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 0504 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 05040059: Other Animal Bladders/Stomachs](https://busy.in/hsn/hsn-05040059/) | ₹461 Cr | | #2 | [HSN Code 05040010: Cattle Guts (Natural Food Casings)](https://busy.in/hsn/hsn-05040010/) | ₹27 Cr | | #3 | HSN Code 05040020: Sheep/Goat Guts (Natural Food Casings) (this hsn code) | ₹10 Cr | | #4 | [HSN Code 05040039: Other Animal Guts](https://busy.in/hsn/hsn-05040039/) | ₹7 Cr | | #5 | [HSN Code 05040049: Other Animal Guts (Non-Casing)](https://busy.in/hsn/hsn-05040049/) | < ₹1 Crore | | — | [HSN Code 05040031: Guts For Natural Casings](https://busy.in/hsn/hsn-05040031/) | — | | — | [HSN Code 05040041: Wild Animal Guts](https://busy.in/hsn/hsn-05040041/) | — | | — | [HSN Code 05040051: Wild Animal Bladders/Stomachs](https://busy.in/hsn/hsn-05040051/) | — |