HSN Code 23031000 represents Starch manufacture residues under GST classification. This code helps businesses identify Starch manufacture residues correctly for billing, taxation, and trade. With HSN Code 23031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Starch manufacture residues.
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HSN Code 23031000 relates to the following description.
Residues and waste from the food industries; prepared animal fodder
Residues of starch manufacture and similar residues, beet-pulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets
Residues of starch manufacture and similar residues
2.5%
2.5%
5%
0%
Description of Goods
Residues of starch manufacture and similar residues
Chapter
23 - Residues and waste from the food industries; prepared animal fodder
Sub Chapter
2303 - Residues of starch manufacture and similar residues, beet-pulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Starch manufacture residues does not include products with the following descriptions.
Beet-pulp, bagasse and other waste of sugar: manufacture
Brewing or distilling dregs and waste
India’s Exports
FY 2024-25₹145 Cr
0.0039% of India’s total exports
India’s Imports
FY 2024-25₹14 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25₹130 Cr
Surplus rank #1417 of 12657 HSN codes
% of Sub-Chapter 2303
FY 2024-2516.33%
Share of Sub-Chapter 2303’s total exports in FY 2024-25
Import side: 77.33% of Sub-Chapter 2303’s imports
Rank Within Sub-Chapter 2303
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 2303
Import-side rank: #1 of 3
At a glance
25.93%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2194
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+488.99%
Peak Growth Year
FY 2020-21 · strongest single-year move
16.33%
Contribution to Sub-Ch. 2303
Share of Sub-Chapter 2303 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
+15.24
Exports
36.30 ₹ Cr
0.0016% share
— YoY
67.48% of Sub-Ch. 2303
Imports
21.06 ₹ Cr
0.0006% share
— YoY
92.37% of Sub-Ch. 2303
Balance
−17.98
Exports
13.35 ₹ Cr
0.0006% share
−63.22% YoY
64.18% of Sub-Ch. 2303
Imports
31.33 ₹ Cr
0.0009% share
+48.77% YoY
92.66% of Sub-Ch. 2303
Balance
+69.07
Exports
78.63 ₹ Cr
0.0037% share
+488.99% YoY
69.53% of Sub-Ch. 2303
Imports
9.56 ₹ Cr
0.0003% share
−69.49% YoY
82.91% of Sub-Ch. 2303
Balance
+21.71
Exports
48.53 ₹ Cr
0.0015% share
−38.28% YoY
78.35% of Sub-Ch. 2303
Imports
26.82 ₹ Cr
0.0006% share
+180.54% YoY
90.92% of Sub-Ch. 2303
Balance
+74.31
Exports
86.25 ₹ Cr
0.0024% share
+77.73% YoY
41.27% of Sub-Ch. 2303
Imports
11.94 ₹ Cr
0.0002% share
−55.48% YoY
77.68% of Sub-Ch. 2303
Balance
+223.22
Exports
234.73 ₹ Cr
0.0065% share
+172.15% YoY
34.16% of Sub-Ch. 2303
Imports
11.51 ₹ Cr
0.0002% share
−3.60% YoY
69.34% of Sub-Ch. 2303
Balance
+130.49
Exports
144.75 ₹ Cr
0.0039% share
−38.33% YoY
16.33% of Sub-Ch. 2303
Imports
14.26 ₹ Cr
0.0002% share
+23.89% YoY
77.33% of Sub-Ch. 2303
CAGR · 7-Year
Exports
25.93% /yr
Imports
−6.29% /yr
reference, FY 2024-25
Export
₹886.56 Cr
Import
₹18.44 Cr
Trade Balance
+868.12
India's exports under HSN Code 23031000 have grown at a compound annual rate of 25.93% over 7 fiscal years, rising from ₹36.30 Crore in FY 2018-19 to ₹144.75 Crore in FY 2024-25.
In FY 2024-25, HSN Code 23031000 ranks #2194 out of 12657 HSN codes by total export value. Within Sub-Chapter 2303, it ranks #2 of 3. By trade surplus, it ranks #1417 of 12657.
The strongest single-year export movement for HSN Code 23031000 was recorded in FY 2020-21, when exports surged by 488.99% over the prior year.
In FY 2024-25, India's exports of ₹144.75 Cr exceeded imports of ₹14.26 Cr, resulting in a trade surplus of ₹130.49 Crore — ranking #1417 of 12657 by surplus magnitude.
India's imports under HSN Code 23031000 have grown at −6.29% CAGR, reaching ₹14.26 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 2303, HSN Code 23031000 ranks #2 by export value — accounting for 16.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 77.33% 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 23031000 and GST compliance.
It includes Starch manufacture residues
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.
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.
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.
Under HSN 23031000, Starch manufacture residues attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Starch manufacture residues; 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.