Find GST Rates & HSN
HSN Code 07031020: Fresh or Chilled Shallots
HSN Code 07031020 represents Fresh or Chilled Shallots under GST classification. This code helps businesses identify Fresh or Chilled Shallots correctly for billing, taxation, and trade. With HSN Code 07031020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Fresh or Chilled Shallots.
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Description of Goods for HSN Code 07031020
HSN Code 07031020 relates to the following description.
What does HSN Code 07031020 not include?
Fresh or Chilled Shallots does not include products with the following descriptions.
Onions, shallots, garlic, leeks and otheralliaceous vegetables, fresh or chilled onions and shallots onions
Onions and shallots: Rose Onions
Onions and shallots: Other
Other
Garlic
Leeks and other alliaceous vegetables
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India’s Trade Performance — HSN Code 07031020 in FY 2025-26
India’s Exports
FY 2025-26₹286 Cr
0.0073% of India’s total exports
India’s Imports
FY 2025-26Nil
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹286 Cr
Surplus rank #984 of 12872 HSN codes
% of Sub-Chapter 0703
FY 2025-267.44%
Share of Sub-Chapter 0703’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 0703’s imports
Rank Within Sub-Chapter 0703
FY 2025-26#2 of 7
Position by export value among HSN codes in Sub-Chapter 0703
At a glance
27.43%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#1583
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+195.76%
Peak Growth Year
FY 2020-21 · strongest single-year move
7.44%
Contribution to Sub-Ch. 0703
Share of Sub-Chapter 0703 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 07031020
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+52.45
Exports
52.45 ₹ Cr
0.0023% share
— YoY
1.47% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0703
Balance
+16.69
Exports
19.57 ₹ Cr
0.0009% share
−62.69% YoY
0.82% of Sub-Ch. 0703
Imports
2.88 ₹ Cr
0.0001% share
— YoY
0.50% of Sub-Ch. 0703
Balance
+57.30
Exports
57.88 ₹ Cr
0.0027% share
+195.76% YoY
1.98% of Sub-Ch. 0703
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−79.86% YoY
0.24% of Sub-Ch. 0703
Balance
+107.03
Exports
107.03 ₹ Cr
0.0034% share
+84.92% YoY
3.00% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 0703
Balance
+124.06
Exports
124.06 ₹ Cr
0.0034% share
+15.91% YoY
2.62% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0703
Balance
+215.55
Exports
215.55 ₹ Cr
0.0060% share
+73.75% YoY
4.96% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0703
Balance
+123.24
Exports
123.24 ₹ Cr
0.0033% share
−42.83% YoY
3.04% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0703
Balance
+286.19
Exports
286.19 ₹ Cr
0.0073% share
+132.22% YoY
7.44% of Sub-Ch. 0703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 0703
CAGR · 8-Year
Exports
27.43% /yr
Imports
—
reference, FY 2025-26
Export
₹3,847.20 Cr
Import
₹12.09 Cr
Trade Balance
+3,835.11
Key Trade Insights: HSN Code 07031020 Export-Import Analysis
Consistent Export Growth: 27.43% CAGR Over 8 Years
India's exports under HSN Code 07031020 have grown at a compound annual rate of 27.43% over 8 fiscal years, rising from ₹52.45 Crore in FY 2018-19 to ₹286.19 Crore in FY 2025-26.
HSN Code 07031020 Ranked #1583 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 07031020 ranks #1583 out of 12872 HSN codes by total export value. Within Sub-Chapter 0703, it ranks #2 of 7. By trade surplus, it ranks #984 of 12872.
FY 2020-21 Was the Strongest Growth Year for HSN Code 07031020 Exports
The strongest single-year export movement for HSN Code 07031020 was recorded in FY 2020-21, when exports surged by 195.76% over the prior year.
India Maintains a Trade Surplus of ₹286.19 Crore in HSN Code 07031020 Goods
In FY 2025-26, India's exports of ₹286.19 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹286.19 Crore — ranking #984 of 12872 by surplus magnitude.
HSN Code 07031020 Contributes 7.44% of Sub-Chapter 0703 Exports — Ranked #2
Among the 7 HSN codes under Sub-Chapter 0703, HSN Code 07031020 ranks #2 by export value — accounting for 7.44% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.
Frequently Asked Questions
Clear answers to common queries about HSN Code 07031020 and GST compliance.
What products are classified under HSN 7031020 ?
It includes Fresh or Chilled Shallots
Does packaging or labelling change the GST for Onions And Shallots/ Shallots?
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.
Do e‑way bill and e‑invoice apply for Onions And Shallots/ Shallots?
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 Onions And Shallots/ Shallots is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Onions And Shallots/ Shallots; Nil for exempt items if applicable).
Any common misclassification issue with Onions And Shallots/ Shallots?
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.
Can we claim ITC on inputs used to trade Onions And Shallots/ Shallots?
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.