--- title: "HSN Code for Prepared Baking Powders | HSN 21023000 GST Rate" description: "Find HSN and GST Rates for 21023000 related to Prepared Baking Powders with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-21023000/" --- # HSN Code 21023000: Prepared Baking Powders - [Section 04: Guide to HSN Section 04](https://busy.in/hsn/section-04/) - [Chapter 21: Miscellaneous Edible Preparations](https://busy.in/hsn/chapter-21/) - [Sub-chapter 2102: Yeasts & Micro-organisms](https://busy.in/hsn/sub-chapter-2102/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Prepared baking powders | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 21023000 ? It includes Prepared Baking Powders ### How much GST applies to Prepared Baking Powders? Under HSN 21023000, Prepared Baking Powders 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 Prepared Baking Powders? 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. ### How should mixed supplies be billed when Prepared Baking Powders is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Prepared Baking Powders; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Prepared Baking Powders? 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 Prepared Baking Powders? 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. ## India's trade performance: HSN Code 21023000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹23 Cr (−1.39% YoY) — 0.0006% of India's total exports - Imports: < ₹1 Crore (+100.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹23 Cr (Surplus); surplus rank #2715 of 12657 HSN codes - Share of Sub-Chapter 2102: 46.56% of its exports; import side 0.02% - Rank within Sub-Chapter 2102: #1 of 5 by export value; import-side #5 ### Key metrics - Export CAGR: 15.52% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4649 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +92.17% in FY 2023-24 - Contribution to Sub-Ch. 2102: 46.56% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 21023000 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. 2102 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2102 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 9.88 | 0.0004% | — | 55.47% | < ₹1 Crore | 0.0000% | — | 0.59% | +8.95 | #5002 | | FY 2019-20 | 8.23 | 0.0004% | −16.70% | 44.85% | < ₹1 Crore | 0.0000% | −47.31% | 0.31% | +7.74 | #5252 | | FY 2020-21 | 9.60 | 0.0004% | +16.65% | 25.85% | < ₹1 Crore | 0.0000% | −46.94% | 0.13% | +9.34 | #5138 | | FY 2021-22 | 7.71 | 0.0002% | −19.69% | 22.67% | < ₹1 Crore | 0.0000% | −76.92% | 0.02% | +7.65 | #5818 | | FY 2022-23 | 12.39 | 0.0003% | +60.70% | 28.07% | < ₹1 Crore | 0.0000% | +16.67% | 0.02% | +12.32 | #5348 | | FY 2023-24 | 23.81 | 0.0007% | +92.17% | 49.07% | < ₹1 Crore | 0.0000% | −57.14% | 0.01% | +23.78 | #4519 | | FY 2024-25 | 23.48 | 0.0006% | −1.39% | 46.56% | < ₹1 Crore | 0.0000% | +100.00% | 0.02% | +23.42 | #4649 | - CAGR (7-year): exports 15.52%/yr, imports -36.67%/yr (consistently Surplus) ## Key trade insights: HSN Code 21023000 export-import analysis ### Consistent export growth: 15.52% CAGR over 7 years India's exports under HSN Code 21023000 have grown at a compound annual rate of 15.52% over 7 fiscal years, rising from ₹9.88 Crore in FY 2018-19 to ₹23.48 Crore in FY 2024-25. ### HSN Code 21023000 ranked #4649 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 21023000 ranks #4649 out of 12657 HSN codes by total export value. Within Sub-Chapter 2102, it ranks #1 of 5. By trade surplus, it ranks #2715 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 21023000 exports The strongest single-year export movement for HSN Code 21023000 was recorded in FY 2023-24, when exports surged by 92.17% over the prior year. ### India maintains a trade surplus of ₹23.42 Crore in HSN Code 21023000 goods In FY 2024-25, India's exports of ₹23.48 Cr exceeded imports of ₹0.06 Cr, resulting in a trade surplus of ₹23.42 Crore — ranking #2715 of 12657 by surplus magnitude. ### Import growth of -36.67% CAGR signals stable import dependency for Prepared Baking Powders India's imports under HSN Code 21023000 have grown at -36.67% CAGR, reaching ₹0.06 Crore in FY 2024-25. ### HSN Code 21023000 contributes 46.56% of Sub-Chapter 2102 exports — ranked #1 Among the 5 HSN codes under Sub-Chapter 2102, HSN Code 21023000 ranks #1 by export value — accounting for 46.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #5). ## Related HSN Codes in Sub-Chapter 2102 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 21023000: Prepared Baking Powders (this hsn code) | ₹23 Cr | | #2 | [HSN Code 21021090: Active yeasts: Other](https://busy.in/hsn/hsn-21021090/) | ₹17 Cr | | #3 | [HSN Code 21022000: Inactive yeasts, single-cell organisms](https://busy.in/hsn/hsn-21022000/) | ₹8 Cr | | #4 | [HSN Code 21021020: Baker’s Yeast](https://busy.in/hsn/hsn-21021020/) | ₹1 Cr | | #5 | [HSN Code 21021010: Culture yeast](https://busy.in/hsn/hsn-21021010/) | ₹1 Cr |