--- title: "HSN Code for Provisionally Preserved Olives for Culinary Use | HSN 07112000 GST Rate" description: "Find HSN and GST Rates for 07112000 related to Provisionally Preserved Olives for Culinary Use with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-07112000/" --- # HSN Code 07112000: Provisionally Preserved Olives for Culinary Use - [Section 02: Guide to HSN Section 02](https://busy.in/hsn/section-02/) - [Chapter 07: Edible Vegetables and Certain Roots and Tubers](https://busy.in/hsn/chapter-07/) - [Sub-chapter 0711: Vegetables in preservation](https://busy.in/hsn/sub-chapter-0711/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Olives | 0% | 0% | 0% | 0% | ## Frequently asked questions ### What products are classified under HSN 7112000 ? It includes Provisionally Preserved Olives for Culinary Use ### Any common misclassification issue with Provisionally Preserved Olives for Culinary Use? 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 Provisionally Preserved Olives for Culinary Use? 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. ### How much GST applies to Provisionally Preserved Olives for Culinary Use? Under HSN 07112000, Provisionally Preserved Olives for Culinary Use attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Do e‑way bill and e‑invoice apply for Provisionally Preserved Olives for Culinary Use? 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. ### Does packaging or labelling change the GST for Provisionally Preserved Olives for Culinary Use? 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. ## India's trade performance: HSN Code 07112000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−50.00% YoY) — 0.0000% of India's total exports - Imports: ₹6 Cr (+106.33% YoY) — 0.0001% of India's total imports - Trade balance: −₹6 Cr (Deficit); surplus rank #8735 of 12657 HSN codes - Share of Sub-Chapter 0711: 0.00% of its exports; import side 19.14% - Rank within Sub-Chapter 0711: #7 of 8 by export value; import-side #2 ### Key metrics - National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −14.29% in FY 2020-21 - Contribution to Sub-Ch. 0711: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 07112000 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. 0711 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 0711 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | 6.34 | 0.0002% | — | 24.95% | −6.34 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.01% | 2.32 | 0.0001% | −63.41% | 9.39% | −2.25 | #9335 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −14.29% | 0.01% | 4.89 | 0.0002% | +110.78% | 23.66% | −4.83 | #9473 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 2.74 | 0.0001% | −43.97% | 13.37% | −2.74 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | 1.69 | 0.0000% | −38.32% | 8.47% | −1.64 | #9890 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −20.00% | 0.00% | 3.00 | 0.0001% | +77.51% | 11.05% | −2.96 | #10146 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −50.00% | 0.00% | 6.19 | 0.0001% | +106.33% | 19.14% | −6.17 | #10305 | - CAGR (7-year): exports —/yr, imports -0.40%/yr (consistently Deficit) ## Key trade insights: HSN Code 07112000 export-import analysis ### Export snapshot for HSN Code 07112000 India exported ₹0.02 Crore worth of Provisionally Preserved Olives for Culinary Use in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 07112000 ranked #10305 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 07112000 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 0711, it ranks #7 of 8. By trade surplus, it ranks #8735 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 07112000 exports The strongest single-year export movement for HSN Code 07112000 was recorded in FY 2020-21, when exports declined by 14.29% over the prior year. ### India records a trade deficit of ₹6.17 Crore in HSN Code 07112000 goods In FY 2024-25, India's imports of ₹6.19 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹6.17 Crore — ranking #8735 of 12657 by surplus magnitude. ### Import growth of -0.40% CAGR signals stable import dependency for Provisionally Preserved Olives for Culinary Use India's imports under HSN Code 07112000 have grown at -0.40% CAGR, reaching ₹6.19 Crore in FY 2024-25. ### HSN Code 07112000 contributes 0.00% of Sub-Chapter 0711 exports — ranked #7 Among the 8 HSN codes under Sub-Chapter 0711, HSN Code 07112000 ranks #7 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.14% share (rank #2). ## Related HSN Codes in Sub-Chapter 0711 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 07114000: Preserved Cucumbers and Gherkins](https://busy.in/hsn/hsn-07114000/) | ₹915 Cr | | #2 | [HSN Code 07119090: Other vegetables; mixtures of vegetables:Other](https://busy.in/hsn/hsn-07119090/) | ₹88 Cr | | #3 | [HSN Code 07119020: Assorted canned vegetables](https://busy.in/hsn/hsn-07119020/) | ₹34 Cr | | #4 | [HSN Code 07119010: Green pepper in brine: Mixed vegetables](https://busy.in/hsn/hsn-07119010/) | ₹21 Cr | | #5 | [HSN Code 07115900: Mushrooms And Truffles](https://busy.in/hsn/hsn-07115900/) | ₹4 Cr | | #6 | [HSN Code 07115100: Agaricus mushrooms](https://busy.in/hsn/hsn-07115100/) | < ₹1 Crore | | #7 | HSN Code 07112000: Provisionally Preserved Olives for Culinary Use (this hsn code) | < ₹1 Crore | | — | [HSN Code 07113000: Vegetables provisionally preserved, but unsuitable in that state for immediate consumption](https://busy.in/hsn/hsn-07113000/) | — |