HSN Code 16043200 represents Caviar substitutes under GST classification. This code helps businesses identify Caviar substitutes correctly for billing, taxation, and trade. With HSN Code 16043200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Caviar substitutes.
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HSN Code 16043200 relates to the following description.
Description of Goods
Caviar and caviar substitutes : Caviar substitutes
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%
Caviar substitutes does not include products with the following descriptions.
Fish, whole or in pieces, but not minced : Salmon
Fish, whole or in pieces, but not minced : Herrings : Pickled
Fish, whole or in pieces, but not minced : Herrings : Other
Fish, whole or in pieces, but not minced : Sardines, sardinella and brisling or sprats : Sardines, sardinella and brisling
Fish, whole or in pieces, but not minced :Sardines, sardinella and brisling or sprats : Sprats
Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Tunas
Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Other
Fish, whole or in pieces, but not minced : Mackerel
Fish, whole or in pieces, but not minced : Anchovies
Fish, whole or in pieces, but not minced : Eels
Fish, whole or in pieces, but not minced : Shark fins
Fish, whole or in pieces, but not minced : Other
Other prepared or preserved fish
Caviar and caviar substitutes : Caviar
Fish, whole or in pieces, but not minced : Salmon
Fish, whole or in pieces, but not minced : Herrings : Pickled
Fish, whole or in pieces, but not minced : Herrings : Other
Fish, whole or in pieces, but not minced : Sardines, sardinella and brisling or sprats : Sardines, sardinella and brisling
Fish, whole or in pieces, but not minced :Sardines, sardinella and brisling or sprats : Sprats
Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Tunas
Fish, whole or in pieces, but not minced : Tunas, skipjack tuna and bonito (Sarda spp.) : Other
Fish, whole or in pieces, but not minced : Mackerel
Fish, whole or in pieces, but not minced : Anchovies
Fish, whole or in pieces, but not minced : Eels
Fish, whole or in pieces, but not minced : Shark fins
Fish, whole or in pieces, but not minced : Other
Other prepared or preserved fish
Caviar and caviar substitutes : Caviar
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7933 of 12657 HSN codes
% of Sub-Chapter 1604
FY 2024-250.00%
Share of Sub-Chapter 1604’s total exports in FY 2024-25
Import side: 13.40% of Sub-Chapter 1604’s imports
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.15
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
4.70% of Sub-Ch. 1604
Balance
−0.09
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−40.00% YoY
1.11% of Sub-Ch. 1604
Balance
−0.07
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−22.22% YoY
0.65% of Sub-Ch. 1604
Balance
−0.30
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+328.57% YoY
1.59% of Sub-Ch. 1604
Balance
−1.23
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
1.23 ₹ Cr
0.0000% share
+310.00% YoY
13.77% of Sub-Ch. 1604
Balance
−2.06
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
2.06 ₹ Cr
0.0000% share
+67.48% YoY
22.46% of Sub-Ch. 1604
Balance
−1.06
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1604
Imports
1.06 ₹ Cr
0.0000% share
−48.54% YoY
13.40% of Sub-Ch. 1604
CAGR · 7-Year
Exports
—
Imports
38.53% /yr
reference, FY 2024-25
Export
₹895.19 Cr
Import
₹7.91 Cr
Trade Balance
+887.28
India exported ₹0.00 Crore worth of Caviar substitutes in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
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.
India's imports under HSN Code 16043200 have grown at 38.53% CAGR, reaching ₹1.06 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 16043200 and GST compliance.
It includes Caviar substitutes
Under HSN 16043200, Caviar substitutes attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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).
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.
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.
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.