HSN Code 23023000: Of Wheat Bran And De-Oiled Cake

HSN Code 23023000 represents Of Wheat Bran And De-Oiled Cake under GST classification. This code helps businesses identify Of Wheat Bran And De-Oiled Cake correctly for billing, taxation, and trade. With HSN Code 23023000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Wheat Bran And De-Oiled Cake.

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Description of Goods for HSN Code 23023000

HSN Code 23023000 relates to the following description.

Description of Goods

Of wheat bran and de-oiled cake

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

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

Of wheat

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 23023000 not include?

Of Wheat Bran And De-Oiled Cake 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 23023000 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

₹509 Cr

−63.89% vs FY 2023-24

0.0138% of India’s total exports

India’s Imports

FY 2024-25

₹61 Cr

+34.88% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

₹448 Cr

Trade Surplus

Surplus rank #703 of 12657 HSN codes

% of Sub-Chapter 2302

FY 2024-25

81.32%

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

Import side: 45.64% of Sub-Chapter 2302’s imports

Rank Within Sub-Chapter 2302

FY 2024-25

#1 of 8

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

Import-side rank: #2 of 8

At a glance

241.67%

Export CAGR

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

#1001

National Export Rank

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

+8,850.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

81.32%

Contribution to Sub-Ch. 2302

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8491

Balance

−1.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

2.54% of Sub-Ch. 2302

Imports

1.34 ₹ Cr

0.0000% share

YoY

1.26% of Sub-Ch. 2302

FY 2019-20 Exp. Rank #8491

Balance

−8.98

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+6.25% YoY

1.13% of Sub-Ch. 2302

Imports

9.32 ₹ Cr

0.0003% share

+595.52% YoY

8.86% of Sub-Ch. 2302

FY 2020-21 Exp. Rank #3642

Balance

+23.89

Exports

30.43 ₹ Cr

0.0014% share

+8,850.00% YoY

7.98% of Sub-Ch. 2302

Imports

6.54 ₹ Cr

0.0002% share

−29.83% YoY

16.20% of Sub-Ch. 2302

FY 2021-22 Exp. Rank #919

Balance

+465.23

Exports

465.28 ₹ Cr

0.0148% share

+1,429.02% YoY

58.92% of Sub-Ch. 2302

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.24% YoY

0.08% of Sub-Ch. 2302

FY 2022-23 Exp. Rank #336

Balance

+1,509.57

Exports

1,519.99 ₹ Cr

0.0420% share

+226.68% YoY

91.52% of Sub-Ch. 2302

Imports

10.42 ₹ Cr

0.0002% share

+20,740.00% YoY

8.65% of Sub-Ch. 2302

FY 2023-24 Exp. Rank #365

Balance

+1,364.57

Exports

1,409.93 ₹ Cr

0.0390% share

−7.24% YoY

92.66% of Sub-Ch. 2302

Imports

45.36 ₹ Cr

0.0008% share

+335.32% YoY

32.77% of Sub-Ch. 2302

FY 2024-25 Exp. Rank #1001

Balance

+447.91

Exports

509.09 ₹ Cr

0.0138% share

−63.89% YoY

81.32% of Sub-Ch. 2302

Imports

61.18 ₹ Cr

0.0010% share

+34.88% YoY

45.64% of Sub-Ch. 2302

CAGR · 7-Year

Exports

241.67% /yr

Imports

89.05% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23023000 and GST compliance.

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.

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.