HSN Code 23021090: Of Maize (Corn) | Other

HSN Code 23021090 represents Of Maize (Corn) | Other under GST classification. This code helps businesses identify Of Maize (Corn) | Other correctly for billing, taxation, and trade. With HSN Code 23021090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Maize (Corn) | Other.

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Description of Goods for HSN Code 23021090

HSN Code 23021090 relates to the following description.

Description of Goods

Of maize (corn) : Other

Chapter

23 - Residues and waste from the food industries; prepared animal fodder

Sub Chapter

2302 - Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 23021090 not include?

Of Maize (Corn) | Other does not include products with the following descriptions.

Bran, sharps and other residues, whetheror not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants - of rice : de-oiled rice bran

Bran, sharps and other residues, whetheror not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants - of rice : rice bran, raw

Bran, sharps and other residues, whetheror not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants - of rice : other

India’s Trade Performance — HSN Code 23021090 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

₹2 Cr

−37.40% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−78.51% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #8033 of 12657 HSN codes

% of Sub-Chapter 2302

FY 2024-25

0.36%

Share of Sub-Chapter 2302’s total exports in FY 2024-25

Import side: 2.74% of Sub-Chapter 2302’s imports

Rank Within Sub-Chapter 2302

FY 2024-25

#4 of 8

Position by export value among HSN codes in Sub-Chapter 2302

Import-side rank: #3 of 8

At a glance

−18.76%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7483

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+748.41%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.36%

Contribution to Sub-Ch. 2302

Share of Sub-Chapter 2302 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5299

Balance

+1.85

Exports

7.86 ₹ Cr

0.0003% share

YoY

62.43% of Sub-Ch. 2302

Imports

6.01 ₹ Cr

0.0002% share

YoY

5.65% of Sub-Ch. 2302

FY 2019-20 Exp. Rank #6541

Balance

−1.33

Exports

2.83 ₹ Cr

0.0001% share

−63.99% YoY

9.44% of Sub-Ch. 2302

Imports

4.16 ₹ Cr

0.0001% share

−30.78% YoY

3.96% of Sub-Ch. 2302

FY 2020-21 Exp. Rank #3955

Balance

+16.05

Exports

24.01 ₹ Cr

0.0011% share

+748.41% YoY

6.29% of Sub-Ch. 2302

Imports

7.96 ₹ Cr

0.0003% share

+91.35% YoY

19.72% of Sub-Ch. 2302

FY 2021-22 Exp. Rank #3981

Balance

+9.72

Exports

31.65 ₹ Cr

0.0010% share

+31.82% YoY

4.01% of Sub-Ch. 2302

Imports

21.93 ₹ Cr

0.0005% share

+175.50% YoY

36.42% of Sub-Ch. 2302

FY 2022-23 Exp. Rank #4143

Balance

+4.37

Exports

30.65 ₹ Cr

0.0008% share

−3.16% YoY

1.85% of Sub-Ch. 2302

Imports

26.28 ₹ Cr

0.0005% share

+19.84% YoY

21.82% of Sub-Ch. 2302

FY 2023-24 Exp. Rank #6938

Balance

−13.47

Exports

3.61 ₹ Cr

0.0001% share

−88.22% YoY

0.24% of Sub-Ch. 2302

Imports

17.08 ₹ Cr

0.0003% share

−35.01% YoY

12.34% of Sub-Ch. 2302

FY 2024-25 Exp. Rank #7483

Balance

−1.41

Exports

2.26 ₹ Cr

0.0001% share

−37.40% YoY

0.36% of Sub-Ch. 2302

Imports

3.67 ₹ Cr

0.0001% share

−78.51% YoY

2.74% of Sub-Ch. 2302

CAGR · 7-Year

Exports

−18.76% /yr

Imports

−7.89% /yr

Consistently Deficit
Sub-Chapter 2302 total

reference, FY 2024-25

Export

₹626.00 Cr

Import

₹134.06 Cr

Trade Balance

+491.94

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23021090 and GST compliance.

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.

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.