HSN Code 10063020: Basmati Rice (Excluding Pre-Packaged)

HSN Code 10063020 represents Basmati Rice (Excluding Pre-Packaged) under GST classification. This code helps businesses identify Basmati Rice (Excluding Pre-Packaged) correctly for billing, taxation, and trade. With HSN Code 10063020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Basmati Rice (Excluding Pre-Packaged).

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Description of Goods for HSN Code 10063020

HSN Code 10063020 relates to the following description.

Description of Goods

Semi-milled or wholly-milled rice, whether or not polished or glazed : Basmati rice . (other than pre-packaged and labelled)

Chapter

10 - Cereals

Sub Chapter

1006 - Rice

CGST

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

Semi-milled or wholly-milled rice, whether or not polished or glazed : Basmati rice .

Chapter

10 - Cereals

Sub Chapter

1006 - Rice

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 10063020 not include?

Basmati Rice (Excluding Pre-Packaged) does not include products with the following descriptions.

HSN Code 10061090

Rice in the husk (paddy or rough): Other . (other than pre-packaged and labelled)

HSN Code 10063010

Semi-milled or wholly-milled rice, whether or not polished or glazed : Rice, parboiled . (other than pre-packaged and labelled)

HSN Code 10063010

Semi-milled or wholly-milled rice, whether or not polished or glazed : Rice, parboiled .

HSN Code 10063090

Semi-milled or wholly-milled rice, whether or not polished or glazed : Other . (other than pre-packaged and labelled)

HSN Code 10063090

Semi-milled or wholly-milled rice, whether or not polished or glazed : Other .

India’s Trade Performance — HSN Code 10063020 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

₹50,312 Cr

+3.97% vs FY 2023-24

1.3670% 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

₹50,312 Cr

Trade Surplus

Surplus rank #7 of 12657 HSN codes

% of Sub-Chapter 1006

FY 2024-25

47.59%

Share of Sub-Chapter 1006’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1006’s imports

Rank Within Sub-Chapter 1006

FY 2024-25

#1 of 7

Position by export value among HSN codes in Sub-Chapter 1006

At a glance

7.39%

Export CAGR

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

#7

National Export Rank

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

+45.98%

Peak Growth Year

FY 2022-23 · strongest single-year move

47.59%

Contribution to Sub-Ch. 1006

Share of Sub-Chapter 1006 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 10063020

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 #7

Balance

+32,804.30

Exports

32,804.30 ₹ Cr

1.4357% share

— YoY

60.78% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2019-20 Exp. Rank #8

Balance

+31,026.33

Exports

31,026.33 ₹ Cr

1.4095% share

−5.42% YoY

68.30% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2020-21 Exp. Rank #4

Balance

+29,847.70

Exports

29,847.70 ₹ Cr

1.3877% share

−3.80% YoY

45.64% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2021-22 Exp. Rank #13

Balance

+26,390.22

Exports

26,390.22 ₹ Cr

0.8409% share

−11.58% YoY

36.59% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2022-23 Exp. Rank #11

Balance

+38,525.37

Exports

38,525.37 ₹ Cr

1.0640% share

+45.98% YoY

42.99% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2023-24 Exp. Rank #9

Balance

+48,389.18

Exports

48,389.18 ₹ Cr

1.3374% share

+25.60% YoY

56.14% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

FY 2024-25 Exp. Rank #7

Balance

+50,311.99

Exports

50,311.99 ₹ Cr

1.3670% share

+3.97% YoY

47.59% of Sub-Ch. 1006

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1006

CAGR · 7-Year

Exports

7.39% /yr

Imports

—

Consistently Surplus
Sub-Chapter 1006 total

reference, FY 2024-25

Export

₹1,05,722.43 Cr

Import

₹54.87 Cr

Trade Balance

+1,05,667.56

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

Key Trade Insights: HSN Code 10063020 Export-Import Analysis

Consistent Export Growth: 7.39% CAGR Over 7 Years

India's exports under HSN Code 10063020 have grown at a compound annual rate of 7.39% over 7 fiscal years, rising from ₹32,804.30 Crore in FY 2018-19 to ₹50,311.99 Crore in FY 2024-25.

HSN Code 10063020 Ranked #7 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 10063020 ranks #7 out of 12657 HSN codes by total export value. Within Sub-Chapter 1006, it ranks #1 of 7. By trade surplus, it ranks #7 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 10063020 Exports

The strongest single-year export movement for HSN Code 10063020 was recorded in FY 2022-23, when exports surged by 45.98% over the prior year.

India Maintains a Trade Surplus of ₹50,311.99 Crore in HSN Code 10063020 Goods

In FY 2024-25, India's exports of ₹50,311.99 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹50,311.99 Crore — ranking #7 of 12657 by surplus magnitude.

HSN Code 10063020 Contributes 47.59% of Sub-Chapter 1006 Exports — Ranked #1

Among the 7 HSN codes under Sub-Chapter 1006, HSN Code 10063020 ranks #1 by export value — accounting for 47.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 10063020 and GST compliance.

What products are classified under HSN 10063020 ?

It includes Basmati Rice (Excluding Pre-Packaged)

Any common misclassification issue with Basmati Rice (Excluding Pre-Packaged)?

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.

Does packaging or labelling change the GST for Basmati Rice (Excluding Pre-Packaged)?

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.

Can we claim ITC on inputs used to trade Basmati Rice (Excluding Pre-Packaged)?

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 Basmati Rice (Excluding Pre-Packaged)?

Under HSN 10063020, Basmati Rice (Excluding Pre-Packaged) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Basmati Rice (Excluding Pre-Packaged) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Basmati Rice (Excluding Pre-Packaged); Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Basmati Rice (Excluding Pre-Packaged)?

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.

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.