HSN Code 23024000 represents Of Other Cereals under GST classification. This code helps businesses identify Of Other Cereals correctly for billing, taxation, and trade. With HSN Code 23024000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Other Cereals.
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HSN Code 23024000 relates to the following description.
Description of Goods
Of other cereals
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%
Of Other Cereals does not include products with the following descriptions.
Of maize (corn) : Maize bran
Of maize (corn) : Other
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
Of wheat bran and de-oiled cake
Of wheat
Of leguminous plants
Of maize (corn) : Maize bran
Of maize (corn) : Other
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
Of wheat bran and de-oiled cake
Of wheat
Of leguminous plants
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹67 Cr
0.0011% of India’s total imports
Trade Balance
FY 2024-25−₹63 Cr
Surplus rank #10427 of 12657 HSN codes
% of Sub-Chapter 2302
FY 2024-250.59%
Share of Sub-Chapter 2302’s total exports in FY 2024-25
Import side: 50.01% of Sub-Chapter 2302’s imports
Rank Within Sub-Chapter 2302
FY 2024-25#3 of 8
Position by export value among HSN codes in Sub-Chapter 2302
Import-side rank: #1 of 8
At a glance
12.45%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6967
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,664.52%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.59%
Contribution to Sub-Ch. 2302
Share of Sub-Chapter 2302 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−85.45
Exports
1.82 ₹ Cr
0.0001% share
— YoY
14.46% of Sub-Ch. 2302
Imports
87.27 ₹ Cr
0.0024% share
— YoY
82.11% of Sub-Ch. 2302
Balance
−69.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−82.97% YoY
1.03% of Sub-Ch. 2302
Imports
69.52 ₹ Cr
0.0021% share
−20.34% YoY
66.11% of Sub-Ch. 2302
Balance
−17.09
Exports
8.57 ₹ Cr
0.0004% share
+2,664.52% YoY
2.25% of Sub-Ch. 2302
Imports
25.66 ₹ Cr
0.0009% share
−63.09% YoY
63.56% of Sub-Ch. 2302
Balance
−27.01
Exports
8.94 ₹ Cr
0.0003% share
+4.32% YoY
1.13% of Sub-Ch. 2302
Imports
35.95 ₹ Cr
0.0008% share
+40.10% YoY
59.71% of Sub-Ch. 2302
Balance
−71.13
Exports
10.92 ₹ Cr
0.0003% share
+22.15% YoY
0.66% of Sub-Ch. 2302
Imports
82.05 ₹ Cr
0.0014% share
+128.23% YoY
68.13% of Sub-Ch. 2302
Balance
−63.04
Exports
6.07 ₹ Cr
0.0002% share
−44.41% YoY
0.40% of Sub-Ch. 2302
Imports
69.11 ₹ Cr
0.0012% share
−15.77% YoY
49.93% of Sub-Ch. 2302
Balance
−63.37
Exports
3.68 ₹ Cr
0.0001% share
−39.37% YoY
0.59% of Sub-Ch. 2302
Imports
67.05 ₹ Cr
0.0011% share
−2.98% YoY
50.01% of Sub-Ch. 2302
CAGR · 7-Year
Exports
12.45% /yr
Imports
−4.30% /yr
reference, FY 2024-25
Export
₹626.00 Cr
Import
₹134.06 Cr
Trade Balance
+491.94
India's exports under HSN Code 23024000 have grown at a compound annual rate of 12.45% over 7 fiscal years, rising from ₹1.82 Crore in FY 2018-19 to ₹3.68 Crore in FY 2024-25.
In FY 2024-25, HSN Code 23024000 ranks #6967 out of 12657 HSN codes by total export value. Within Sub-Chapter 2302, it ranks #3 of 8. By trade surplus, it ranks #10427 of 12657.
The strongest single-year export movement for HSN Code 23024000 was recorded in FY 2020-21, when exports surged by 2,664.52% over the prior year.
In FY 2024-25, India's imports of ₹67.05 Cr exceeded exports of ₹3.68 Cr, resulting in a trade deficit of ₹63.37 Crore — ranking #10427 of 12657 by surplus magnitude.
India's imports under HSN Code 23024000 have grown at −4.30% CAGR, reaching ₹67.05 Crore in FY 2024-25.
Among the 8 HSN codes under Sub-Chapter 2302, HSN Code 23024000 ranks #3 by export value — accounting for 0.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.01% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 23024000 and GST compliance.
It includes Of Other Cereals
Under HSN 23024000, Of Other Cereals attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Other Cereals; Nil for exempt items if applicable).
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.
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.