HSN Code 05061039 represents Ossein under GST classification. This code helps businesses identify Ossein correctly for billing, taxation, and trade. With HSN Code 05061039, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ossein.
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HSN Code 05061039 relates to the following description.
Description of Goods
Ossein and bones treated with acid : Ossein : Other
Chapter
05 - Products of animal origin, not elsewhere specified or included
Sub Chapter
0506 - Bones and horn-cores, unworked, defatted, simply prepared (but not cut to shape), treated with acid or degelatinised powder and waste of these products
CGST
0%
SGST
0%
IGST
0%
CESS
0%
Ossein does not include products with the following descriptions.
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Of wild animals
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Other
Ossein and bones treated with acid : Bone grist : Of wild animals
Ossein and bones treated with acid : Bone grist : Other
Ossein and bones treated with acid : Ossein : Of wild animals
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Of wild animals
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Other
Other : Bone meal : Of wild animals
Other : Bone meal : Other
Other : Other : Of wild animals
Other : Other : Other
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Of wild animals
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Other
Ossein and bones treated with acid : Bone grist : Of wild animals
Ossein and bones treated with acid : Bone grist : Other
Ossein and bones treated with acid : Ossein : Of wild animals
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Of wild animals
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Other
Other : Bone meal : Of wild animals
Other : Bone meal : Other
Other : Other : Of wild animals
Other : Other : Other
India’s Exports
FY 2024-25₹91 Cr
0.0025% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹91 Cr
Surplus rank #1668 of 12657 HSN codes
% of Sub-Chapter 0506
FY 2024-2589.84%
Share of Sub-Chapter 0506’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 0506’s imports
Rank Within Sub-Chapter 0506
FY 2024-25#1 of 12
Position by export value among HSN codes in Sub-Chapter 0506
At a glance
11.09%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2802
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+42.73%
Peak Growth Year
FY 2021-22 · strongest single-year move
89.84%
Contribution to Sub-Ch. 0506
Share of Sub-Chapter 0506 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+48.23
Exports
48.23 ₹ Cr
0.0021% share
— YoY
55.70% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0506
Balance
+68.43
Exports
68.45 ₹ Cr
0.0031% share
+41.92% YoY
68.73% of Sub-Ch. 0506
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.40% of Sub-Ch. 0506
Balance
+69.29
Exports
69.29 ₹ Cr
0.0032% share
+1.23% YoY
82.17% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 0506
Balance
+98.90
Exports
98.90 ₹ Cr
0.0032% share
+42.73% YoY
84.99% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0506
Balance
+127.02
Exports
127.02 ₹ Cr
0.0035% share
+28.43% YoY
84.02% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0506
Balance
+96.42
Exports
96.42 ₹ Cr
0.0027% share
−24.09% YoY
76.22% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0506
Balance
+90.64
Exports
90.64 ₹ Cr
0.0025% share
−5.99% YoY
89.84% of Sub-Ch. 0506
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0506
CAGR · 7-Year
Exports
11.09% /yr
Imports
—
reference, FY 2024-25
Export
₹100.89 Cr
Import
₹20.70 Cr
Trade Balance
+80.19
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.
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.
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.
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.
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.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 05061039 and GST compliance.
It includes 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.
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.
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.
Exports are zero‑rated. Imports may draw customs duties; domestic GST follows the schedule for the item’s form/packaging.
Use separate invoice lines per HSN. Apply TBD for Ossein and Nil for exempt lines. This avoids misclassification and wrong tax collection.