HSN Code 16053000: Lobster

HSN Code 16053000 represents Lobster under GST classification. This code helps businesses identify Lobster correctly for billing, taxation, and trade. With HSN Code 16053000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Lobster.

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Description of Goods for HSN Code 16053000

HSN Code 16053000 relates to the following description.

Description of Goods

Lobster

Chapter

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

Sub Chapter

1605 - Crustaceans, molluscs and other aquatic invertebrates, prepared or preserved

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 16053000 not include?

Lobster does not include products with the following descriptions.

India’s Trade Performance — HSN Code 16053000 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

₹1 Cr

−84.70% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+333.33% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4532 of 12657 HSN codes

% of Sub-Chapter 1605

FY 2024-25

0.02%

Share of Sub-Chapter 1605’s total exports in FY 2024-25

Import side: 0.26% of Sub-Chapter 1605’s imports

Rank Within Sub-Chapter 1605

FY 2024-25

#7 of 18

Position by export value among HSN codes in Sub-Chapter 1605

Import-side rank: #6 of 18

At a glance

−25.59%

Export CAGR

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

#8169

National Export Rank

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

+151.72%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.02%

Contribution to Sub-Ch. 1605

Share of Sub-Chapter 1605 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 16053000

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 #5532

Balance

+6.48

Exports

6.48 ₹ Cr

0.0003% share

— YoY

0.24% of Sub-Ch. 1605

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1605

FY 2019-20 Exp. Rank #5484

Balance

+6.77

Exports

6.77 ₹ Cr

0.0003% share

+4.48% YoY

0.22% of Sub-Ch. 1605

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1605

FY 2020-21 Exp. Rank #6689

Balance

+2.63

Exports

2.63 ₹ Cr

0.0001% share

−61.15% YoY

0.06% of Sub-Ch. 1605

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1605

FY 2021-22 Exp. Rank #6294

Balance

+5.22

Exports

5.22 ₹ Cr

0.0002% share

+98.48% YoY

0.10% of Sub-Ch. 1605

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1605

FY 2022-23 Exp. Rank #5278

Balance

+13.14

Exports

13.14 ₹ Cr

0.0004% share

+151.72% YoY

0.23% of Sub-Ch. 1605

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1605

FY 2023-24 Exp. Rank #6127

Balance

+7.16

Exports

7.19 ₹ Cr

0.0002% share

−45.28% YoY

0.14% of Sub-Ch. 1605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 1605

FY 2024-25 Exp. Rank #8169

Balance

+0.97

Exports

1.10 ₹ Cr

0.0000% share

−84.70% YoY

0.02% of Sub-Ch. 1605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+333.33% YoY

0.26% of Sub-Ch. 1605

CAGR · 7-Year

Exports

−25.59% /yr

Imports

—

Consistently Surplus
Sub-Chapter 1605 total

reference, FY 2024-25

Export

₹5,781.02 Cr

Import

₹49.11 Cr

Trade Balance

+5,731.91

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

Key Trade Insights: HSN Code 16053000 Export-Import Analysis

Export Decline: −25.59% CAGR Over 7 Years

India's exports under HSN Code 16053000 have declined at a compound annual rate of −25.59% over 7 fiscal years, falling from ₹6.48 Crore in FY 2018-19 to ₹1.10 Crore in FY 2024-25.

HSN Code 16053000 Ranked #8169 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 16053000 ranks #8169 out of 12657 HSN codes by total export value. Within Sub-Chapter 1605, it ranks #7 of 18. By trade surplus, it ranks #4532 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 16053000 Exports

The strongest single-year export movement for HSN Code 16053000 was recorded in FY 2022-23, when exports surged by 151.72% over the prior year.

India Maintains a Trade Surplus of ₹0.97 Crore in HSN Code 16053000 Goods

In FY 2024-25, India's exports of ₹1.10 Cr exceeded imports of ₹0.13 Cr, resulting in a trade surplus of ₹0.97 Crore — ranking #4532 of 12657 by surplus magnitude.

HSN Code 16053000 Contributes 0.02% of Sub-Chapter 1605 Exports — Ranked #7

Among the 18 HSN codes under Sub-Chapter 1605, HSN Code 16053000 ranks #7 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.26% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 16053000 and GST compliance.

What products are classified under HSN 16053000 ?

It includes Lobster

Does packaging or labelling change the GST for Lobster?

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 Lobster?

Under HSN 16053000, Lobster attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

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

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.

Any common misclassification issue with Lobster?

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 Lobster?

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.

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.