HSN Code 08039010: Fresh Bananas

HSN Code 08039010 represents Fresh Bananas under GST classification. This code helps businesses identify Fresh Bananas correctly for billing, taxation, and trade. With HSN Code 08039010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Fresh Bananas.

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Description of Goods for HSN Code 08039010

HSN Code 08039010 relates to the following description.

Description of Goods

Other : Bananas, Fresh

Chapter

08 - Edible fruit and nuts; peel of citrus fruit or melons

Sub Chapter

0803 - Bananas, including plantains, fresh or dried

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 08039010 not include?

Fresh Bananas does not include products with the following descriptions.

India’s Trade Performance — HSN Code 08039010 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

₹3,210 Cr

+33.14% vs FY 2023-24

0.0872% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹3,210 Cr

Trade Surplus

Surplus rank #105 of 12657 HSN codes

% of Sub-Chapter 0803

FY 2024-25

99.50%

Share of Sub-Chapter 0803’s total exports in FY 2024-25

Rank Within Sub-Chapter 0803

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 0803

At a glance

40.79%

Export CAGR

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

#157

National Export Rank

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

+70.60%

Peak Growth Year

FY 2023-24 · strongest single-year move

99.50%

Contribution to Sub-Ch. 0803

Share of Sub-Chapter 0803 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 08039010

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 #775

Balance

+412.10

Exports

412.10 ₹ Cr

0.0180% share

— YoY

98.54% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 0803

FY 2019-20 Exp. Rank #509

Balance

+658.50

Exports

658.59 ₹ Cr

0.0299% share

+59.81% YoY

99.38% of Sub-Ch. 0803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 0803

FY 2020-21 Exp. Rank #478

Balance

+740.90

Exports

740.90 ₹ Cr

0.0344% share

+12.50% YoY

98.43% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

— of Sub-Ch. 0803

FY 2021-22 Exp. Rank #411

Balance

+1,179.24

Exports

1,179.24 ₹ Cr

0.0376% share

+59.16% YoY

98.40% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 0803

FY 2022-23 Exp. Rank #360

Balance

+1,413.16

Exports

1,413.16 ₹ Cr

0.0390% share

+19.84% YoY

99.12% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 0803

FY 2023-24 Exp. Rank #203

Balance

+2,410.91

Exports

2,410.91 ₹ Cr

0.0666% share

+70.60% YoY

99.18% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 0803

FY 2024-25 Exp. Rank #157

Balance

+3,209.92

Exports

3,209.92 ₹ Cr

0.0872% share

+33.14% YoY

99.50% of Sub-Ch. 0803

Imports

Nil ₹ Cr

0.0000% share

— YoY

— of Sub-Ch. 0803

CAGR · 7-Year

Exports

40.79% /yr

Imports

—

Consistently Surplus
Sub-Chapter 0803 total

reference, FY 2024-25

Export

₹3,226.15 Cr

Import

₹0.00 Cr

Trade Balance

+3,226.15

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

Key Trade Insights: HSN Code 08039010 Export-Import Analysis

Consistent Export Growth: 40.79% CAGR Over 7 Years

India's exports under HSN Code 08039010 have grown at a compound annual rate of 40.79% over 7 fiscal years, rising from ₹412.10 Crore in FY 2018-19 to ₹3,209.92 Crore in FY 2024-25.

HSN Code 08039010 Ranked #157 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 08039010 ranks #157 out of 12657 HSN codes by total export value. Within Sub-Chapter 0803, it ranks #1 of 4. By trade surplus, it ranks #105 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 08039010 Exports

The strongest single-year export movement for HSN Code 08039010 was recorded in FY 2023-24, when exports surged by 70.60% over the prior year.

India Maintains a Trade Surplus of ₹3,209.92 Crore in HSN Code 08039010 Goods

In FY 2024-25, India's exports of ₹3,209.92 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹3,209.92 Crore — ranking #105 of 12657 by surplus magnitude.

HSN Code 08039010 Contributes 99.50% of Sub-Chapter 0803 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 0803, HSN Code 08039010 ranks #1 by export value — accounting for 99.50% of the sub-chapter's total exports in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 08039010 and GST compliance.

What products are classified under HSN 8039010 ?

It includes Fresh Bananas

Do I need an e‑way bill while moving Fresh Bananas?

An e‑way bill may be required if the consignment value exceeds ₹50,000, subject to notified exemptions for agri/animal products.

Any watch‑outs when classifying Fresh Bananas?

Use the exact HSN and form. Don’t charge GST on exempt fresh/chilled items; apply 5% only where pre‑packaged & labelled and not fresh/chilled.

Does e‑invoicing apply when I sell Fresh Bananas?

e‑Invoicing depends on turnover, not the item’s rate. If AATO exceeds the notified threshold (presently ₹5 crore), B2B invoices must be reported to the IRP unless you are a notified exempt person.

Is ITC available on expenses for supplying Fresh Bananas?

No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42.

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.