---
title: "HSN Code for Caviar substitutes | HSN 16043200 GST Rate"
description: "Find HSN and GST Rates for 16043200 related to Caviar substitutes with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-16043200/"
---

# HSN Code 16043200: Caviar substitutes

- [Section 04: Guide to HSN Section 04](https://busy.in/hsn/section-04/)
- [Chapter 16: Preparations of Meat, Fish or Crustaceans](https://busy.in/hsn/chapter-16/)
- [Sub-chapter 1604: Preserved fish & caviar substitutes](https://busy.in/hsn/sub-chapter-1604/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Caviar and caviar substitutes : Caviar substitutes | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 16043200 ?

It includes Caviar substitutes

### How much GST applies to Caviar substitutes?

Under HSN 16043200, Caviar substitutes attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

### How should mixed supplies be billed when Caviar substitutes is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Caviar substitutes; Nil for exempt items if applicable).

### Any common misclassification issue with Caviar substitutes?

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 Caviar substitutes?

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.

### Does packaging or labelling change the GST for Caviar substitutes?

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 16043200 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: Nil — 0.0000% of India's total exports
- Imports: ₹1 Cr (−48.54% YoY) — 0.0000% of India's total imports
- Trade balance: −₹1 Cr (Deficit); surplus rank #7933 of 12657 HSN codes
- Share of Sub-Chapter 1604: 0.00% of its exports; import side 13.40%

## India export-import trade statistics: HSN Code 16043200

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. 1604 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1604 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 4.70% | −0.15 | — |
| FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −40.00% | 1.11% | −0.09 | — |
| FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −22.22% | 0.65% | −0.07 | — |
| FY 2021-22 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +328.57% | 1.59% | −0.30 | — |
| FY 2022-23 | Nil | 0.0000% | — | 0.00% | 1.23 | 0.0000% | +310.00% | 13.77% | −1.23 | — |
| FY 2023-24 | Nil | 0.0000% | — | 0.00% | 2.06 | 0.0000% | +67.48% | 22.46% | −2.06 | — |
| FY 2024-25 | Nil | 0.0000% | — | 0.00% | 1.06 | 0.0000% | −48.54% | 13.40% | −1.06 | — |

- CAGR (7-year): exports —/yr, imports 38.53%/yr (consistently Deficit)

## Key trade insights: HSN Code 16043200 export-import analysis

### Export snapshot for HSN Code 16043200

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

### India records a trade deficit of ₹1.06 Crore in HSN Code 16043200 goods

In FY 2024-25, India's imports of ₹1.06 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.06 Crore — ranking #7933 of 12657 by surplus magnitude.

### Import growth of 38.53% CAGR signals rising demand for Caviar substitutes

India's imports under HSN Code 16043200 have grown at 38.53% CAGR, reaching ₹1.06 Crore in FY 2024-25.

## Related HSN Codes in Sub-Chapter 1604

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 16042000: Other Prepared Or Preserved Fish](https://busy.in/hsn/hsn-16042000/) | ₹829 Cr |
| #2 | [HSN Code 16041310: Fish (whole/pieces, not minced) – Sardines, sardinella, brisling](https://busy.in/hsn/hsn-16041310/) | ₹33 Cr |
| #3 | [HSN Code 16041410: Tunas (Whole or in Pieces)](https://busy.in/hsn/hsn-16041410/) | ₹31 Cr |
| #4 | [HSN Code 16041210: Fish: Herrings: Pickled](https://busy.in/hsn/hsn-16041210/) | ₹1 Cr |
| #5 | [HSN Code 16041500: Fish (whole/pieces, not minced) – Mackerel](https://busy.in/hsn/hsn-16041500/) | < ₹1 Crore |
| #6 | [HSN Code 16041600: Fish, not minced: Anchovies](https://busy.in/hsn/hsn-16041600/) | < ₹1 Crore |
| #7 | [HSN Code 16041290: Fish (whole/pieces, not minced) – Herrings – Other](https://busy.in/hsn/hsn-16041290/) | < ₹1 Crore |
| #8 | [HSN Code 16041490: Other Tunas, Skipjack & Bonito](https://busy.in/hsn/hsn-16041490/) | < ₹1 Crore |
| — | [HSN Code 16041100: Fish (whole/pieces, not minced) – Salmon](https://busy.in/hsn/hsn-16041100/) | Nil |
| — | [HSN Code 16041320: Fish (whole/pieces, not minced) – Sprats](https://busy.in/hsn/hsn-16041320/) | Nil |
| — | HSN Code 16043200: Caviar substitutes (this hsn code) | Nil |