HSN Code 20056000: Processed Asparagus

HSN Code 20056000 represents Processed Asparagus under GST classification. This code helps businesses identify Processed Asparagus correctly for billing, taxation, and trade. With HSN Code 20056000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Processed Asparagus.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 20056000

HSN Code 20056000 relates to the following description.

Description of Goods

Asparagus

Chapter

20 - Preparations of vegetables, fruit, nuts or other parts of plants

Sub Chapter

2005 - Other vegetables prepared or preserved otherwise than by vinegar or acetic acid, not frozen, other than products of heading 2006

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 20056000 not include?

Processed Asparagus does not include products with the following descriptions.

HSN Code 20059000

Other vegetables prepared or preservedotherwise than by vinegar or acetic acid, not frozen, other than products of heading 2006 other vegetables and mixtures of vegetables

India’s Trade Performance — HSN Code 20056000 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

+21.43% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7446 of 12657 HSN codes

% of Sub-Chapter 2005

FY 2024-25

0.00%

Share of Sub-Chapter 2005’s total exports in FY 2024-25

Import side: 0.15% of Sub-Chapter 2005’s imports

India Export-Import Trade Statistics for HSN Code 20056000

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

−0.37

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.73% of Sub-Ch. 2005

FY 2019-20

Balance

−0.05

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.49% YoY

0.08% of Sub-Ch. 2005

FY 2020-21

Balance

−0.20

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.51% of Sub-Ch. 2005

FY 2021-22

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−85.00% YoY

0.04% of Sub-Ch. 2005

FY 2022-23

Balance

−0.11

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+266.67% YoY

0.12% of Sub-Ch. 2005

FY 2023-24

Balance

−0.14

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+27.27% YoY

0.19% of Sub-Ch. 2005

FY 2024-25

Balance

−0.17

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+21.43% YoY

0.15% of Sub-Ch. 2005

CAGR · 7-Year

Exports

—

Imports

−12.16% /yr

Consistently Deficit
Sub-Chapter 2005 total

reference, FY 2024-25

Export

₹472.20 Cr

Import

₹116.95 Cr

Trade Balance

+355.25

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

Key Trade Insights: HSN Code 20056000 Export-Import Analysis

Export Snapshot for HSN Code 20056000

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

India Records a Trade Deficit of ₹0.17 Crore in HSN Code 20056000 Goods

In FY 2024-25, India's imports of ₹0.17 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.17 Crore — ranking #7446 of 12657 by surplus magnitude.

Import Growth of −12.16% CAGR Signals Stable Import Dependency for Processed Asparagus

India's imports under HSN Code 20056000 have grown at −12.16% CAGR, reaching ₹0.17 Crore in FY 2024-25.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 20056000 and GST compliance.

What products are classified under HSN 20056000 ?

It includes Processed Asparagus

Can we claim ITC on inputs used to trade Processed Asparagus?

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.

Do e‑way bill and e‑invoice apply for Processed Asparagus?

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 Processed Asparagus?

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 Processed Asparagus?

Under HSN 20056000, Processed Asparagus attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Processed Asparagus is sold with other items?

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

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.