--- title: "HSN Code for Ossein | HSN 05061039 GST Rate" description: "Find HSN and GST Rates for 05061039 related to Ossein with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-05061039/" --- # HSN Code 05061039: Ossein - [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 0506: Animal byproducts](https://busy.in/hsn/sub-chapter-0506/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Ossein and bones treated with acid : Ossein : Other | 0% | 0% | 0% | 0% | ## Frequently asked questions ### What products are classified under HSN 5061039 ? It includes Ossein ### Is ITC allowed for costs used to trade Ossein? 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. ### Are e‑way bill and e‑invoice required for Ossein? 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. ### How much GST applies to Ossein? Under HSN 05061039, Ossein 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 Ossein? Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging. ### How to bill mixed items when Ossein is sold with exempt goods? Use separate invoice lines per HSN. Apply TBD for Ossein and Nil for exempt lines. This avoids misclassification and wrong tax collection. ## India's trade performance: HSN Code 05061039 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹91 Cr (−5.99% YoY) — 0.0025% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹91 Cr (Surplus); surplus rank #1668 of 12657 HSN codes - Share of Sub-Chapter 0506: 89.84% of its exports; import side 0.00% - Rank within Sub-Chapter 0506: #1 of 12 by export value ### Key metrics - Export CAGR: 11.09% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2802 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +42.73% in FY 2021-22 - Contribution to Sub-Ch. 0506: 89.84% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 05061039 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. 0506 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0506 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 48.23 | 0.0021% | — | 55.70% | Nil | 0.0000% | — | 0.00% | +48.23 | #2906 | | FY 2019-20 | 68.45 | 0.0031% | +41.92% | 68.73% | < ₹1 Crore | 0.0000% | — | 0.40% | +68.43 | #2472 | | FY 2020-21 | 69.29 | 0.0032% | +1.23% | 82.17% | Nil | 0.0000% | −100.00% | 0.00% | +69.29 | #2492 | | FY 2021-22 | 98.90 | 0.0032% | +42.73% | 84.99% | Nil | 0.0000% | — | 0.00% | +98.90 | #2430 | | FY 2022-23 | 127.02 | 0.0035% | +28.43% | 84.02% | Nil | 0.0000% | — | 0.00% | +127.02 | #2241 | | FY 2023-24 | 96.42 | 0.0027% | −24.09% | 76.22% | Nil | 0.0000% | — | 0.00% | +96.42 | #2631 | | FY 2024-25 | 90.64 | 0.0025% | −5.99% | 89.84% | Nil | 0.0000% | — | 0.00% | +90.64 | #2802 | - CAGR (7-year): exports 11.09%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 05061039 export-import analysis ### Consistent export growth: 11.09% CAGR over 7 years India's exports under HSN Code 05061039 have grown at a compound annual rate of 11.09% over 7 fiscal years, rising from ₹48.23 Crore in FY 2018-19 to ₹90.64 Crore in FY 2024-25. ### HSN Code 05061039 ranked #2802 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 05061039 ranks #2802 out of 12657 HSN codes by total export value. Within Sub-Chapter 0506, it ranks #1 of 12. By trade surplus, it ranks #1668 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 05061039 exports The strongest single-year export movement for HSN Code 05061039 was recorded in FY 2021-22, when exports surged by 42.73% over the prior year. ### India maintains a trade surplus of ₹90.64 Crore in HSN Code 05061039 goods In FY 2024-25, India's exports of ₹90.64 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹90.64 Crore — ranking #1668 of 12657 by surplus magnitude. ### HSN Code 05061039 contributes 89.84% of Sub-Chapter 0506 exports — ranked #1 Among the 12 HSN codes under Sub-Chapter 0506, HSN Code 05061039 ranks #1 by export value — accounting for 89.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 0506 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 05061039: Ossein (this hsn code) | ₹91 Cr | | #2 | [HSN Code 05061019: Other Crushed Acid-Treated Bones/Horns](https://busy.in/hsn/hsn-05061019/) | ₹8 Cr | | #3 | [HSN Code 05061029: Bone grist, treated with acid](https://busy.in/hsn/hsn-05061029/) | ₹1 Cr | | #4 | [HSN Code 05069019: Other \| Bone Meal](https://busy.in/hsn/hsn-05069019/) | < ₹1 Crore | | #5 | [HSN Code 05069099: Animal Bones and Horn-Cores – Untreated or Simply Processed \| Other](https://busy.in/hsn/hsn-05069099/) | < ₹1 Crore | | #6 | [HSN Code 05061011: Crushed bones, wild animals](https://busy.in/hsn/hsn-05061011/) | < ₹1 Crore | | #6 | [HSN Code 05061049: Other Non-Crushed Acid-Treated Bones/Horns](https://busy.in/hsn/hsn-05061049/) | < ₹1 Crore | | — | [HSN Code 05061041: Wild Animal Bones and Horns](https://busy.in/hsn/hsn-05061041/) | Nil | | — | [HSN Code 05069011: Other \| Bone Meal](https://busy.in/hsn/hsn-05069011/) | Nil | | — | [HSN Code 05061021: Bone grist, wild animals](https://busy.in/hsn/hsn-05061021/) | — |