--- title: "HSN Code for Of Maize (Corn) | Other | HSN 23021090 GST Rate" description: "Find HSN and GST Rates for 23021090 related to Of Maize (Corn) | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-23021090/" --- # HSN Code 23021090: Of Maize (Corn) | Other - [Section 04: Guide to HSN Section 04](https://busy.in/hsn/section-04/) - [Chapter 23: Residues and Waste from Food Industries; Animal Fodder](https://busy.in/hsn/chapter-23/) - [Sub-chapter 2302: Milling residues](https://busy.in/hsn/sub-chapter-2302/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of maize (corn) : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 23021090 ? It includes Of Maize (Corn) | Other ### Does packaging or labelling change the GST for Of Maize (Corn) / Other? 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. ### Do e‑way bill and e‑invoice apply for Of Maize (Corn) / Other? 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 Of Maize (Corn) / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Maize (Corn) / Other; Nil for exempt items if applicable). ### Any common misclassification issue with Of Maize (Corn) / Other? 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 Of Maize (Corn) / Other? 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 23021090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (−37.40% YoY) — 0.0001% of India's total exports - Imports: ₹4 Cr (−78.51% YoY) — 0.0001% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #8033 of 12657 HSN codes - Share of Sub-Chapter 2302: 0.36% of its exports; import side 2.74% - Rank within Sub-Chapter 2302: #4 of 8 by export value; import-side #3 ### Key metrics - Export CAGR: -18.76% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7483 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +748.41% in FY 2020-21 - Contribution to Sub-Ch. 2302: 0.36% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 23021090 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. 2302 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2302 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 7.86 | 0.0003% | — | 62.43% | 6.01 | 0.0002% | — | 5.65% | +1.85 | #5299 | | FY 2019-20 | 2.83 | 0.0001% | −63.99% | 9.44% | 4.16 | 0.0001% | −30.78% | 3.96% | −1.33 | #6541 | | FY 2020-21 | 24.01 | 0.0011% | +748.41% | 6.29% | 7.96 | 0.0003% | +91.35% | 19.72% | +16.05 | #3955 | | FY 2021-22 | 31.65 | 0.0010% | +31.82% | 4.01% | 21.93 | 0.0005% | +175.50% | 36.42% | +9.72 | #3981 | | FY 2022-23 | 30.65 | 0.0008% | −3.16% | 1.85% | 26.28 | 0.0005% | +19.84% | 21.82% | +4.37 | #4143 | | FY 2023-24 | 3.61 | 0.0001% | −88.22% | 0.24% | 17.08 | 0.0003% | −35.01% | 12.34% | −13.47 | #6938 | | FY 2024-25 | 2.26 | 0.0001% | −37.40% | 0.36% | 3.67 | 0.0001% | −78.51% | 2.74% | −1.41 | #7483 | - CAGR (7-year): exports -18.76%/yr, imports -7.89%/yr (consistently Deficit) ## Key trade insights: HSN Code 23021090 export-import analysis ### Export decline: -18.76% CAGR over 7 years India's exports under HSN Code 23021090 have declined at a compound annual rate of -18.76% over 7 fiscal years, falling from ₹7.86 Crore in FY 2018-19 to ₹2.26 Crore in FY 2024-25. ### HSN Code 23021090 ranked #7483 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 23021090 ranks #7483 out of 12657 HSN codes by total export value. Within Sub-Chapter 2302, it ranks #4 of 8. By trade surplus, it ranks #8033 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 23021090 exports The strongest single-year export movement for HSN Code 23021090 was recorded in FY 2020-21, when exports surged by 748.41% over the prior year. ### India records a trade deficit of ₹1.41 Crore in HSN Code 23021090 goods In FY 2024-25, India's imports of ₹3.67 Cr exceeded exports of ₹2.26 Cr, resulting in a trade deficit of ₹1.41 Crore — ranking #8033 of 12657 by surplus magnitude. ### Import growth of -7.89% CAGR signals stable import dependency for Of Maize (Corn) | Other India's imports under HSN Code 23021090 have grown at -7.89% CAGR, reaching ₹3.67 Crore in FY 2024-25. ### HSN Code 23021090 contributes 0.36% of Sub-Chapter 2302 exports — ranked #4 Among the 8 HSN codes under Sub-Chapter 2302, HSN Code 23021090 ranks #4 by export value — accounting for 0.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.74% share (rank #3). ## Related HSN Codes in Sub-Chapter 2302 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 23023000: Of Wheat Bran And De-Oiled Cake](https://busy.in/hsn/hsn-23023000/) | ₹509 Cr | | #2 | [HSN Code 23025000: Of Leguminous Plants](https://busy.in/hsn/hsn-23025000/) | ₹109 Cr | | #3 | [HSN Code 23024000: Of Other Cereals](https://busy.in/hsn/hsn-23024000/) | ₹4 Cr | | #4 | HSN Code 23021090: Of Maize (Corn) \| Other (this hsn code) | ₹2 Cr | | #5 | [HSN Code 23021010: Of Maize (Corn) \| Maize Bran](https://busy.in/hsn/hsn-23021010/) | ₹2 Cr | | — | [HSN Code 23022010: Raw Rice Bran: Cereal Milling Residues](https://busy.in/hsn/hsn-23022010/) | — | | — | [HSN Code 23022020: Other Rice Bran Residues: Cereal/Leguminous](https://busy.in/hsn/hsn-23022020/) | — | | — | [HSN Code 23022090: Maize (Corn) Germ Oil-Cake/Solid Residues](https://busy.in/hsn/hsn-23022090/) | — |