HSN Code 16043100: Caviar

HSN Code 16043100 represents Caviar under GST classification. This code helps businesses identify Caviar correctly for billing, taxation, and trade. With HSN Code 16043100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Caviar.

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Description of Goods for HSN Code 16043100

HSN Code 16043100 relates to the following description.

Description of Goods

Caviar and caviar substitutes : Caviar

Chapter

16 - Preparation of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates

Sub Chapter

1604 - Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 16043100 not include?

Caviar does not include products with the following descriptions.

HSN Code 16041310

Fish, whole or in pieces, but not minced : Sardines, sardinella and brisling or sprats : Sardines, sardinella and brisling

HSN Code 16041320

Fish, whole or in pieces, but not minced :Sardines, sardinella and brisling or sprats : Sprats

HSN Code 16041410

Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Tunas

HSN Code 16041490

Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Other

India’s Trade Performance — HSN Code 16043100 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7393 of 12657 HSN codes

% of Sub-Chapter 1604

FY 2024-25

0.00%

Share of Sub-Chapter 1604’s total exports in FY 2024-25

Import side: 1.52% of Sub-Chapter 1604’s imports

India Export-Import Trade Statistics for HSN Code 16043100

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

Balance

−0.07

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

2.19% of Sub-Ch. 1604

FY 2019-20

Balance

−0.29

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+314.29% YoY

3.57% of Sub-Ch. 1604

FY 2020-21

Balance

−0.04

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.21% YoY

0.37% of Sub-Ch. 1604

FY 2021-22

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.64% of Sub-Ch. 1604

FY 2022-23

Balance

−0.10

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−16.67% YoY

1.12% of Sub-Ch. 1604

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1604

FY 2024-25

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1604

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.52% of Sub-Ch. 1604

CAGR · 7-Year

Exports

—

Imports

9.40% /yr

Consistently Deficit
Sub-Chapter 1604 total

reference, FY 2024-25

Export

₹895.19 Cr

Import

₹7.91 Cr

Trade Balance

+887.28

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

Key Trade Insights: HSN Code 16043100 Export-Import Analysis

Export Snapshot for HSN Code 16043100

India exported ₹0.00 Crore worth of Caviar in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹0.12 Crore in HSN Code 16043100 Goods

In FY 2024-25, India's imports of ₹0.12 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.12 Crore — ranking #7393 of 12657 by surplus magnitude.

Import Growth of 9.40% CAGR Signals Stable Import Dependency for Caviar

India's imports under HSN Code 16043100 have grown at 9.40% CAGR, reaching ₹0.12 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 16043100 and GST compliance.

What products are classified under HSN 16043100 ?

It includes Caviar

Do e‑way bill and e‑invoice apply for Caviar?

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 Caviar?

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 Caviar?

Under HSN 16043100, Caviar attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Can we claim ITC on inputs used to trade Caviar?

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.

Any common misclassification issue with Caviar?

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.

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.