HSN Code 21031000: Soya Sauce
HSN Code 21031000 represents Soya Sauce under GST classification. This code helps businesses identify Soya Sauce correctly for billing, taxation, and trade. With HSN Code 21031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Soya Sauce.
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Description of Goods for HSN Code 21031000
HSN Code 21031000 relates to the following description.
What does HSN Code 21031000 not include?
Soya Sauce does not include products with the following descriptions.
Tomato ketchup and other tomato sauces
Mustard flour and meal and prepared mustard
Other: Curry paste
Other:Chilli sauce
Other:Majonnaise and salad dressings
Other: Mixed, condiments and mixed seasoning
Other:Other
India’s Trade Performance — HSN Code 21031000 in FY 2024-25
India’s Exports
FY 2024-25₹16 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25₹38 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹22 Cr
Surplus rank #9604 of 12657 HSN codes
% of Sub-Chapter 2103
FY 2024-251.38%
Share of Sub-Chapter 2103’s total exports in FY 2024-25
Import side: 11.74% of Sub-Chapter 2103’s imports
Rank Within Sub-Chapter 2103
FY 2024-25#7 of 8
Position by export value among HSN codes in Sub-Chapter 2103
Import-side rank: #4 of 8
At a glance
19.47%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5137
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+39.05%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.38%
Contribution to Sub-Ch. 2103
Share of Sub-Chapter 2103 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−6.80
Exports
5.64 ₹ Cr
0.0002% share
— YoY
1.27% of Sub-Ch. 2103
Imports
12.44 ₹ Cr
0.0003% share
— YoY
9.11% of Sub-Ch. 2103
Balance
−7.35
Exports
7.25 ₹ Cr
0.0003% share
+28.55% YoY
1.45% of Sub-Ch. 2103
Imports
14.60 ₹ Cr
0.0004% share
+17.36% YoY
10.37% of Sub-Ch. 2103
Balance
+0.54
Exports
9.92 ₹ Cr
0.0005% share
+36.83% YoY
1.63% of Sub-Ch. 2103
Imports
9.38 ₹ Cr
0.0003% share
−35.75% YoY
8.34% of Sub-Ch. 2103
Balance
−10.32
Exports
8.45 ₹ Cr
0.0003% share
−14.82% YoY
1.43% of Sub-Ch. 2103
Imports
18.77 ₹ Cr
0.0004% share
+100.11% YoY
11.32% of Sub-Ch. 2103
Balance
−10.09
Exports
11.75 ₹ Cr
0.0003% share
+39.05% YoY
1.50% of Sub-Ch. 2103
Imports
21.84 ₹ Cr
0.0004% share
+16.36% YoY
10.14% of Sub-Ch. 2103
Balance
−23.77
Exports
13.68 ₹ Cr
0.0004% share
+16.43% YoY
1.41% of Sub-Ch. 2103
Imports
37.45 ₹ Cr
0.0007% share
+71.47% YoY
14.47% of Sub-Ch. 2103
Balance
−21.60
Exports
16.40 ₹ Cr
0.0004% share
+19.88% YoY
1.38% of Sub-Ch. 2103
Imports
38.00 ₹ Cr
0.0006% share
+1.47% YoY
11.74% of Sub-Ch. 2103
CAGR · 7-Year
Exports
19.47% /yr
Imports
20.46% /yr
reference, FY 2024-25
Export
₹1,185.74 Cr
Import
₹323.57 Cr
Trade Balance
+862.17
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 21031000 and GST compliance.
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.