--- title: "HSN Code for Of Wheat Bran And De-Oiled Cake | HSN 23023000 GST Rate" description: "Find HSN and GST Rates for 23023000 related to Of Wheat Bran And De-Oiled Cake with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-23023000/" --- # HSN Code 23023000: Of Wheat Bran And De-Oiled Cake - [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 wheat bran and de-oiled cake | 0% | 0% | 0% | 0% | | Of wheat | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 23023000 ? It includes Of Wheat Bran And De-Oiled Cake ### Can we claim ITC on inputs used to trade Of Wheat Bran And De-Oiled Cake? 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. ### How much GST applies to Of Wheat Bran And De-Oiled Cake? Under HSN 23023000, Of Wheat Bran And De-Oiled Cake attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### How should mixed supplies be billed when Of Wheat Bran And De-Oiled Cake is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Wheat Bran And De-Oiled Cake; Nil for exempt items if applicable). ### Any common misclassification issue with Of Wheat Bran And De-Oiled Cake? 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. ### Does packaging or labelling change the GST for Of Wheat Bran And De-Oiled Cake? 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. ## India's trade performance: HSN Code 23023000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹509 Cr (−63.89% YoY) — 0.0138% of India's total exports - Imports: ₹61 Cr (+34.88% YoY) — 0.0010% of India's total imports - Trade balance: ₹448 Cr (Surplus); surplus rank #703 of 12657 HSN codes - Share of Sub-Chapter 2302: 81.32% of its exports; import side 45.64% - Rank within Sub-Chapter 2302: #1 of 8 by export value; import-side #2 ### Key metrics - Export CAGR: 241.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1001 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +8,850.00% in FY 2020-21 - Contribution to Sub-Ch. 2302: 81.32% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 23023000 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 | < ₹1 Crore | 0.0000% | — | 2.54% | 1.34 | 0.0000% | — | 1.26% | −1.02 | #8491 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +6.25% | 1.13% | 9.32 | 0.0003% | +595.52% | 8.86% | −8.98 | #8491 | | FY 2020-21 | 30.43 | 0.0014% | +8,850.00% | 7.98% | 6.54 | 0.0002% | −29.83% | 16.20% | +23.89 | #3642 | | FY 2021-22 | 465.28 | 0.0148% | +1,429.02% | 58.92% | < ₹1 Crore | 0.0000% | −99.24% | 0.08% | +465.23 | #919 | | FY 2022-23 | 1,519.99 | 0.0420% | +226.68% | 91.52% | 10.42 | 0.0002% | +20,740.00% | 8.65% | +1,509.57 | #336 | | FY 2023-24 | 1,409.93 | 0.0390% | −7.24% | 92.66% | 45.36 | 0.0008% | +335.32% | 32.77% | +1,364.57 | #365 | | FY 2024-25 | 509.09 | 0.0138% | −63.89% | 81.32% | 61.18 | 0.0010% | +34.88% | 45.64% | +447.91 | #1001 | - CAGR (7-year): exports 241.67%/yr, imports 89.05%/yr (consistently Surplus) ## Key trade insights: HSN Code 23023000 export-import analysis ### Consistent export growth: 241.67% CAGR over 7 years India's exports under HSN Code 23023000 have grown at a compound annual rate of 241.67% over 7 fiscal years, rising from ₹0.32 Crore in FY 2018-19 to ₹509.09 Crore in FY 2024-25. ### HSN Code 23023000 ranked #1001 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 23023000 ranks #1001 out of 12657 HSN codes by total export value. Within Sub-Chapter 2302, it ranks #1 of 8. By trade surplus, it ranks #703 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 23023000 exports The strongest single-year export movement for HSN Code 23023000 was recorded in FY 2020-21, when exports surged by 8,850.00% over the prior year. ### India maintains a trade surplus of ₹447.91 Crore in HSN Code 23023000 goods In FY 2024-25, India's exports of ₹509.09 Cr exceeded imports of ₹61.18 Cr, resulting in a trade surplus of ₹447.91 Crore — ranking #703 of 12657 by surplus magnitude. ### Import growth of 89.05% CAGR signals rising demand for Of Wheat Bran And De-Oiled Cake India's imports under HSN Code 23023000 have grown at 89.05% CAGR, reaching ₹61.18 Crore in FY 2024-25. ### HSN Code 23023000 contributes 81.32% of Sub-Chapter 2302 exports — ranked #1 Among the 8 HSN codes under Sub-Chapter 2302, HSN Code 23023000 ranks #1 by export value — accounting for 81.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 45.64% share (rank #2). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-23021090/) | ₹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/) | — |