--- title: "HSN Code for Oil-Cake, Ground-Nut Solvent Extracted | HSN 23050020 GST Rate" description: "Find HSN and GST Rates for 23050020 related to Oil-Cake, Ground-Nut Solvent Extracted with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-23050020/" --- # HSN Code 23050020: Oil-Cake, Ground-Nut Solvent Extracted - [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 2305: Oil cake residues](https://busy.in/hsn/sub-chapter-2305/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of ground-nut oil : Oil-cake and oil-cake meal of ground-nut solvent extracted variety (defatted) (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 23050020 ? It includes Oil-Cake, Ground-Nut Solvent Extracted ### Does packaging or labelling change the GST for Oil-Cake, Ground-Nut Solvent Extracted? 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 Oil-Cake, Ground-Nut Solvent Extracted? 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. ### Any common misclassification issue with Oil-Cake, Ground-Nut Solvent Extracted? 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. ### How should mixed supplies be billed when Oil-Cake, Ground-Nut Solvent Extracted is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oil-Cake, Ground-Nut Solvent Extracted; Nil for exempt items if applicable). ### How much GST applies to Oil-Cake, Ground-Nut Solvent Extracted? Under HSN 23050020, Oil-Cake, Ground-Nut Solvent Extracted attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ## India's trade performance: HSN Code 23050020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹70 Cr (−10.32% YoY) — 0.0019% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹70 Cr (Surplus); surplus rank #1896 of 12657 HSN codes - Share of Sub-Chapter 2305: 96.65% of its exports; import side 100.00% - Rank within Sub-Chapter 2305: #1 of 3 by export value; import-side #1 ### Key metrics - Export CAGR: 14.10% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3155 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +651.32% in FY 2020-21 - Contribution to Sub-Ch. 2305: 96.65% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 23050020 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. 2305 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2305 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 31.66 | 0.0014% | — | 94.96% | < ₹1 Crore | 0.0000% | — | 100.00% | +31.28 | #3509 | | FY 2019-20 | 12.84 | 0.0006% | −59.44% | 96.47% | < ₹1 Crore | 0.0000% | −34.21% | 100.00% | +12.59 | #4691 | | FY 2020-21 | 96.47 | 0.0045% | +651.32% | 97.37% | Nil | 0.0000% | −100.00% | — | +96.47 | #2108 | | FY 2021-22 | 17.13 | 0.0005% | −82.24% | 78.18% | Nil | 0.0000% | — | 0.00% | +17.13 | #4789 | | FY 2022-23 | 92.02 | 0.0025% | +437.19% | 95.96% | Nil | 0.0000% | — | — | +92.02 | #2643 | | FY 2023-24 | 77.89 | 0.0022% | −15.36% | 92.19% | Nil | 0.0000% | — | — | +77.89 | #2909 | | FY 2024-25 | 69.85 | 0.0019% | −10.32% | 96.65% | < ₹1 Crore | 0.0000% | — | 100.00% | +69.76 | #3155 | - CAGR (7-year): exports 14.10%/yr, imports -21.34%/yr (consistently Surplus) ## Key trade insights: HSN Code 23050020 export-import analysis ### Consistent export growth: 14.10% CAGR over 7 years India's exports under HSN Code 23050020 have grown at a compound annual rate of 14.10% over 7 fiscal years, rising from ₹31.66 Crore in FY 2018-19 to ₹69.85 Crore in FY 2024-25. ### HSN Code 23050020 ranked #3155 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 23050020 ranks #3155 out of 12657 HSN codes by total export value. Within Sub-Chapter 2305, it ranks #1 of 3. By trade surplus, it ranks #1896 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 23050020 exports The strongest single-year export movement for HSN Code 23050020 was recorded in FY 2020-21, when exports surged by 651.32% over the prior year. ### India maintains a trade surplus of ₹69.76 Crore in HSN Code 23050020 goods In FY 2024-25, India's exports of ₹69.85 Cr exceeded imports of ₹0.09 Cr, resulting in a trade surplus of ₹69.76 Crore — ranking #1896 of 12657 by surplus magnitude. ### Import growth of -21.34% CAGR signals stable import dependency for Oil-Cake, Ground-Nut Solvent Extracted India's imports under HSN Code 23050020 have grown at -21.34% CAGR, reaching ₹0.09 Crore in FY 2024-25. ### HSN Code 23050020 contributes 96.65% of Sub-Chapter 2305 exports — ranked #1 Among the 3 HSN codes under Sub-Chapter 2305, HSN Code 23050020 ranks #1 by export value — accounting for 96.65% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 2305 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 23050020: Oil-Cake, Ground-Nut Solvent Extracted (this hsn code) | ₹70 Cr | | #2 | [HSN Code 23050090: Groundnut oilcake – Shrimp/prawn feed](https://busy.in/hsn/hsn-23050090/) | ₹2 Cr | | — | [HSN Code 23050010: Oil-Cake Of Ground-Nut Expeller Variety](https://busy.in/hsn/hsn-23050010/) | Nil |