--- title: "HSN Code for Soya Sauce | HSN 21031000 GST Rate" description: "Find HSN and GST Rates for 21031000 related to Soya Sauce with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-21031000/" --- # HSN Code 21031000: Soya Sauce - [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 2103: Sauces & seasonings](https://busy.in/hsn/sub-chapter-2103/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Soya sauce | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 21031000 ? It includes Soya Sauce ### Any common misclassification issue with Soya Sauce? 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. ### How should mixed supplies be billed when Soya Sauce is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Soya Sauce; Nil for exempt items if applicable). ### How much GST applies to Soya Sauce? Under HSN 21031000, Soya Sauce attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Does packaging or labelling change the GST for Soya Sauce? 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. ### Can we claim ITC on inputs used to trade Soya Sauce? 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. ## India's trade performance: HSN Code 21031000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹16 Cr (+19.88% YoY) — 0.0004% of India's total exports - Imports: ₹38 Cr (+1.47% YoY) — 0.0006% of India's total imports - Trade balance: −₹22 Cr (Deficit); surplus rank #9604 of 12657 HSN codes - Share of Sub-Chapter 2103: 1.38% of its exports; import side 11.74% - Rank within Sub-Chapter 2103: #7 of 8 by export value; import-side #4 ### Key metrics - Export CAGR: 19.47% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5137 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +39.05% in FY 2022-23 - Contribution to Sub-Ch. 2103: 1.38% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 21031000 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. 2103 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2103 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 5.64 | 0.0002% | — | 1.27% | 12.44 | 0.0003% | — | 9.11% | −6.80 | #5709 | | FY 2019-20 | 7.25 | 0.0003% | +28.55% | 1.45% | 14.60 | 0.0004% | +17.36% | 10.37% | −7.35 | #5408 | | FY 2020-21 | 9.92 | 0.0005% | +36.83% | 1.63% | 9.38 | 0.0003% | −35.75% | 8.34% | +0.54 | #5089 | | FY 2021-22 | 8.45 | 0.0003% | −14.82% | 1.43% | 18.77 | 0.0004% | +100.11% | 11.32% | −10.32 | #5703 | | FY 2022-23 | 11.75 | 0.0003% | +39.05% | 1.50% | 21.84 | 0.0004% | +16.36% | 10.14% | −10.09 | #5414 | | FY 2023-24 | 13.68 | 0.0004% | +16.43% | 1.41% | 37.45 | 0.0007% | +71.47% | 14.47% | −23.77 | #5292 | | FY 2024-25 | 16.40 | 0.0004% | +19.88% | 1.38% | 38.00 | 0.0006% | +1.47% | 11.74% | −21.60 | #5137 | - CAGR (7-year): exports 19.47%/yr, imports 20.46%/yr (consistently Deficit) ## Key trade insights: HSN Code 21031000 export-import analysis ### Consistent export growth: 19.47% CAGR over 7 years India's exports under HSN Code 21031000 have grown at a compound annual rate of 19.47% over 7 fiscal years, rising from ₹5.64 Crore in FY 2018-19 to ₹16.40 Crore in FY 2024-25. ### HSN Code 21031000 ranked #5137 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 21031000 ranks #5137 out of 12657 HSN codes by total export value. Within Sub-Chapter 2103, it ranks #7 of 8. By trade surplus, it ranks #9604 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 21031000 exports The strongest single-year export movement for HSN Code 21031000 was recorded in FY 2022-23, when exports surged by 39.05% over the prior year. ### India records a trade deficit of ₹21.60 Crore in HSN Code 21031000 goods In FY 2024-25, India's imports of ₹38.00 Cr exceeded exports of ₹16.40 Cr, resulting in a trade deficit of ₹21.60 Crore — ranking #9604 of 12657 by surplus magnitude. ### Import growth of 20.46% CAGR signals rising demand for Soya Sauce India's imports under HSN Code 21031000 have grown at 20.46% CAGR, reaching ₹38.00 Crore in FY 2024-25. ### HSN Code 21031000 contributes 1.38% of Sub-Chapter 2103 exports — ranked #7 Among the 8 HSN codes under Sub-Chapter 2103, HSN Code 21031000 ranks #7 by export value — accounting for 1.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.74% share (rank #4). ## Related HSN Codes in Sub-Chapter 2103 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 21039090: Edible Sauce Preparations & Mixed Seasonings](https://busy.in/hsn/hsn-21039090/) | ₹529 Cr | | #2 | [HSN Code 21039040: Other: Mixed, condiments and mixed seasoning](https://busy.in/hsn/hsn-21039040/) | ₹347 Cr | | #3 | [HSN Code 21039010: Other\| Curry Paste](https://busy.in/hsn/hsn-21039010/) | ₹94 Cr | | #4 | [HSN Code 21032000: Tomato Ketchup And Other Tomato Sauces](https://busy.in/hsn/hsn-21032000/) | ₹88 Cr | | #5 | [HSN Code 21039020: Other\|Chilli Sauce](https://busy.in/hsn/hsn-21039020/) | ₹68 Cr | | #6 | [HSN Code 21039030: Majonnaise And Salad Dressings](https://busy.in/hsn/hsn-21039030/) | ₹37 Cr | | #7 | HSN Code 21031000: Soya Sauce (this hsn code) | ₹16 Cr | | #8 | [HSN Code 21033000: Mustard Flour & Prepared Mustard](https://busy.in/hsn/hsn-21033000/) | ₹6 Cr |