HSN Code 05080020: Chanks

HSN Code 05080020 represents Chanks under GST classification. This code helps businesses identify Chanks correctly for billing, taxation, and trade. With HSN Code 05080020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chanks.

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Description of Goods for HSN Code 05080020

HSN Code 05080020 relates to the following description.

Description of Goods

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

Chapter

05 - Products of animal origin, not elsewhere specified or included

Sub Chapter

0508 - 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

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 05080020 not include?

Chanks does not include products with the following descriptions.

HSN Code 05080010

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 : Coral

HSN Code 05080030

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 : Cowries

HSN Code 05080040

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 : Cuttlefish bones

HSN Code 05080050

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 : Shells

HSN Code 05080090

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 : Other

India’s Trade Performance — HSN Code 05080020 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹4 Cr

−29.28% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

−21.21% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #8080 of 12657 HSN codes

% of Sub-Chapter 0508

FY 2024-25

12.93%

Share of Sub-Chapter 0508’s total exports in FY 2024-25

Import side: 10.73% of Sub-Chapter 0508’s imports

Rank Within Sub-Chapter 0508

FY 2024-25

#2 of 6

Position by export value among HSN codes in Sub-Chapter 0508

Import-side rank: #4 of 6

At a glance

−5.12%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#6773

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+40.77%

Peak Growth Year

FY 2023-24 · strongest single-year move

12.93%

Contribution to Sub-Ch. 0508

Share of Sub-Chapter 0508 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5631

Balance

+0.68

Exports

6.06 ₹ Cr

0.0003% share

— YoY

30.47% of Sub-Ch. 0508

Imports

5.38 ₹ Cr

0.0002% share

— YoY

12.03% of Sub-Ch. 0508

FY 2019-20 Exp. Rank #5533

Balance

+1.50

Exports

6.50 ₹ Cr

0.0003% share

+7.26% YoY

23.88% of Sub-Ch. 0508

Imports

5.00 ₹ Cr

0.0001% share

−7.06% YoY

14.94% of Sub-Ch. 0508

FY 2020-21 Exp. Rank #5887

Balance

−0.11

Exports

5.22 ₹ Cr

0.0002% share

−19.69% YoY

15.08% of Sub-Ch. 0508

Imports

5.33 ₹ Cr

0.0002% share

+6.60% YoY

26.46% of Sub-Ch. 0508

FY 2021-22 Exp. Rank #6597

Balance

−2.90

Exports

4.10 ₹ Cr

0.0001% share

−21.46% YoY

10.49% of Sub-Ch. 0508

Imports

7.00 ₹ Cr

0.0002% share

+31.33% YoY

20.58% of Sub-Ch. 0508

FY 2022-23 Exp. Rank #6575

Balance

−2.32

Exports

4.44 ₹ Cr

0.0001% share

+8.29% YoY

11.19% of Sub-Ch. 0508

Imports

6.76 ₹ Cr

0.0001% share

−3.43% YoY

15.28% of Sub-Ch. 0508

FY 2023-24 Exp. Rank #6303

Balance

−1.34

Exports

6.25 ₹ Cr

0.0002% share

+40.77% YoY

15.05% of Sub-Ch. 0508

Imports

7.59 ₹ Cr

0.0001% share

+12.28% YoY

15.16% of Sub-Ch. 0508

FY 2024-25 Exp. Rank #6773

Balance

−1.56

Exports

4.42 ₹ Cr

0.0001% share

−29.28% YoY

12.93% of Sub-Ch. 0508

Imports

5.98 ₹ Cr

0.0001% share

−21.21% YoY

10.73% of Sub-Ch. 0508

CAGR · 7-Year

Exports

−5.12% /yr

Imports

1.78% /yr

Consistently Deficit
Sub-Chapter 0508 total

reference, FY 2024-25

Export

₹34.19 Cr

Import

₹55.74 Cr

Trade Balance

−21.55

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 05080020 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.