--- title: "HSN Code for Chanks | HSN 05080020 GST Rate" description: "Find HSN and GST Rates for 05080020 related to Chanks with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-05080020/" --- # HSN Code 05080020: Chanks - [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 0508: Coral, shells & cuttle-bone, powder](https://busy.in/hsn/sub-chapter-0508/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Chanks | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 5080020 ? It includes Chanks ### Any common misclassification issue with Chanks? Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Chanks? Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### How should mixed supplies be billed when Chanks is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Chanks; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Chanks? For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil. ### How much GST applies to Chanks? Under HSN 05080020, Chanks attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ## India's trade performance: HSN Code 05080020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (−29.28% YoY) — 0.0001% of India's total exports - Imports: ₹6 Cr (−21.21% YoY) — 0.0001% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8080 of 12657 HSN codes - Share of Sub-Chapter 0508: 12.93% of its exports; import side 10.73% - Rank within Sub-Chapter 0508: #2 of 6 by export value; import-side #4 ### Key metrics - Export CAGR: -5.12% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6773 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +40.77% in FY 2023-24 - Contribution to Sub-Ch. 0508: 12.93% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 05080020 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. 0508 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0508 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 6.06 | 0.0003% | — | 30.47% | 5.38 | 0.0002% | — | 12.03% | +0.68 | #5631 | | FY 2019-20 | 6.50 | 0.0003% | +7.26% | 23.88% | 5.00 | 0.0001% | −7.06% | 14.94% | +1.50 | #5533 | | FY 2020-21 | 5.22 | 0.0002% | −19.69% | 15.08% | 5.33 | 0.0002% | +6.60% | 26.46% | −0.11 | #5887 | | FY 2021-22 | 4.10 | 0.0001% | −21.46% | 10.49% | 7.00 | 0.0002% | +31.33% | 20.58% | −2.90 | #6597 | | FY 2022-23 | 4.44 | 0.0001% | +8.29% | 11.19% | 6.76 | 0.0001% | −3.43% | 15.28% | −2.32 | #6575 | | FY 2023-24 | 6.25 | 0.0002% | +40.77% | 15.05% | 7.59 | 0.0001% | +12.28% | 15.16% | −1.34 | #6303 | | FY 2024-25 | 4.42 | 0.0001% | −29.28% | 12.93% | 5.98 | 0.0001% | −21.21% | 10.73% | −1.56 | #6773 | - CAGR (7-year): exports -5.12%/yr, imports 1.78%/yr (consistently Deficit) ## Key trade insights: HSN Code 05080020 export-import analysis ### Export decline: -5.12% CAGR over 7 years India's exports under HSN Code 05080020 have declined at a compound annual rate of -5.12% over 7 fiscal years, falling from ₹6.06 Crore in FY 2018-19 to ₹4.42 Crore in FY 2024-25. ### HSN Code 05080020 ranked #6773 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 05080020 ranks #6773 out of 12657 HSN codes by total export value. Within Sub-Chapter 0508, it ranks #2 of 6. By trade surplus, it ranks #8080 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 05080020 exports The strongest single-year export movement for HSN Code 05080020 was recorded in FY 2023-24, when exports surged by 40.77% over the prior year. ### India records a trade deficit of ₹1.56 Crore in HSN Code 05080020 goods In FY 2024-25, India's imports of ₹5.98 Cr exceeded exports of ₹4.42 Cr, resulting in a trade deficit of ₹1.56 Crore — ranking #8080 of 12657 by surplus magnitude. ### Import growth of 1.78% CAGR signals stable import dependency for Chanks India's imports under HSN Code 05080020 have grown at 1.78% CAGR, reaching ₹5.98 Crore in FY 2024-25. ### HSN Code 05080020 contributes 12.93% of Sub-Chapter 0508 exports — ranked #2 Among the 6 HSN codes under Sub-Chapter 0508, HSN Code 05080020 ranks #2 by export value — accounting for 12.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.73% share (rank #4). ## Related HSN Codes in Sub-Chapter 0508 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 05080040: Cuttlefish Bones](https://busy.in/hsn/hsn-05080040/) | ₹25 Cr | | #2 | HSN Code 05080020: Chanks (this hsn code) | ₹4 Cr | | #3 | [HSN Code 05080090: Other Coral and Similar Materials](https://busy.in/hsn/hsn-05080090/) | ₹3 Cr | | #4 | [HSN Code 05080030: Cowries](https://busy.in/hsn/hsn-05080030/) | ₹1 Cr | | #5 | [HSN Code 05080050: Shells of molluscs, crustaceans, echinoderms](https://busy.in/hsn/hsn-05080050/) | < ₹1 Crore | | — | [HSN Code 05080010: Coral](https://busy.in/hsn/hsn-05080010/) | Nil |