---
title: "HSN Code for Oil-Cake Meal From Cotton Seeds | HSN 23061020 GST Rate"
description: "Find HSN and GST Rates for 23061020 related to Oil-Cake Meal From Cotton Seeds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-23061020/"
---

# HSN Code 23061020: Oil-Cake Meal From Cotton Seeds

- [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 2306: Oil-cake from vegetable fats or oils](https://busy.in/hsn/sub-chapter-2306/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of cotton seeds : Oil-cake and oil-cake meal, decorticated, solvent extracted (defatted) variety (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) | 0% | 0% | 0% | 0% |

## Frequently asked questions

### What products are classified under HSN 23061020 ?

It includes Oil-Cake Meal From Cotton Seeds

### Any common misclassification issue with Oil-Cake Meal From Cotton Seeds?

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 Meal From Cotton Seeds is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Oil-Cake Meal From Cotton Seeds; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Oil-Cake Meal From Cotton Seeds?

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.

### Do e‑way bill and e‑invoice apply for Oil-Cake Meal From Cotton Seeds?

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.

### Does packaging or labelling change the GST for Oil-Cake Meal From Cotton Seeds?

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 23061020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹7 Cr (−40.67% YoY) — 0.0002% of India's total exports
- Imports: ₹48 Cr (−6.74% YoY) — 0.0008% of India's total imports
- Trade balance: −₹41 Cr (Deficit); surplus rank #10084 of 12657 HSN codes
- Share of Sub-Chapter 2306: 0.17% of its exports; import side 6.11%
- Rank within Sub-Chapter 2306: #9 of 38 by export value; import-side #6

### Key metrics

- Export CAGR: 20.80% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6238 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +101.80% in FY 2019-20
- Contribution to Sub-Ch. 2306: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 23061020

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. 2306 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2306 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 2.22 | 0.0001% | — | 0.08% | 31.15 | 0.0009% | — | 4.13% | −28.93 | #6829 |
| FY 2019-20 | 4.48 | 0.0002% | +101.80% | 0.18% | 35.25 | 0.0011% | +13.16% | 2.33% | −30.77 | #5994 |
| FY 2020-21 | 4.52 | 0.0002% | +0.89% | 0.14% | 50.31 | 0.0017% | +42.72% | 5.46% | −45.79 | #6050 |
| FY 2021-22 | 5.35 | 0.0002% | +18.36% | 0.15% | 91.94 | 0.0020% | +82.75% | 5.86% | −86.59 | #6268 |
| FY 2022-23 | 9.99 | 0.0003% | +86.73% | 0.17% | 79.16 | 0.0014% | −13.90% | 11.05% | −69.17 | #5631 |
| FY 2023-24 | 11.63 | 0.0003% | +16.42% | 0.21% | 51.06 | 0.0009% | −35.50% | 5.87% | −39.43 | #5520 |
| FY 2024-25 | 6.90 | 0.0002% | −40.67% | 0.17% | 47.62 | 0.0008% | −6.74% | 6.11% | −40.72 | #6238 |

- CAGR (7-year): exports 20.80%/yr, imports 7.33%/yr (consistently Deficit)

## Key trade insights: HSN Code 23061020 export-import analysis

### Consistent export growth: 20.80% CAGR over 7 years

India's exports under HSN Code 23061020 have grown at a compound annual rate of 20.80% over 7 fiscal years, rising from ₹2.22 Crore in FY 2018-19 to ₹6.90 Crore in FY 2024-25.

### HSN Code 23061020 ranked #6238 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 23061020 ranks #6238 out of 12657 HSN codes by total export value. Within Sub-Chapter 2306, it ranks #9 of 38. By trade surplus, it ranks #10084 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 23061020 exports

The strongest single-year export movement for HSN Code 23061020 was recorded in FY 2019-20, when exports surged by 101.80% over the prior year.

### India records a trade deficit of ₹40.72 Crore in HSN Code 23061020 goods

In FY 2024-25, India's imports of ₹47.62 Cr exceeded exports of ₹6.90 Cr, resulting in a trade deficit of ₹40.72 Crore — ranking #10084 of 12657 by surplus magnitude.

### Import growth of 7.33% CAGR signals stable import dependency for Oil-Cake Meal From Cotton Seeds

India's imports under HSN Code 23061020 have grown at 7.33% CAGR, reaching ₹47.62 Crore in FY 2024-25.

### HSN Code 23061020 contributes 0.17% of Sub-Chapter 2306 exports — ranked #9

Among the 38 HSN codes under Sub-Chapter 2306, HSN Code 23061020 ranks #9 by export value — accounting for 0.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.11% share (rank #6).

## Related HSN Codes in Sub-Chapter 2306

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 23064900: Other Rapeseed Meal](https://busy.in/hsn/hsn-23064900/) | ₹3,440 Cr |
| #2 | [HSN Code 23069027: Oil-Cake Meal From Castor Seeds](https://busy.in/hsn/hsn-23069027/) | ₹249 Cr |
| #3 | [HSN Code 23069012: Mustard Seed Oil-Cake Meal](https://busy.in/hsn/hsn-23069012/) | ₹221 Cr |
| #4 | [HSN Code 23064100: Low Erucic Acid Rapeseed Residues](https://busy.in/hsn/hsn-23064100/) | ₹59 Cr |
| #5 | [HSN Code 23069021: Oil-Cake Meal From Mustard Seeds](https://busy.in/hsn/hsn-23069021/) | ₹46 Cr |
| #6 | [HSN Code 23061090: Other Cottonseed Residues (Animal Feed)](https://busy.in/hsn/hsn-23061090/) | ₹36 Cr |
| #7 | [HSN Code 23069090: Other Oilseed Meal (Animal Feed)](https://busy.in/hsn/hsn-23069090/) | ₹28 Cr |
| #8 | [HSN Code 23069018: Neem Seed Oil-Cake](https://busy.in/hsn/hsn-23069018/) | ₹13 Cr |
| #9 | HSN Code 23061020: Oil-Cake Meal From Cotton Seeds (this hsn code) | ₹7 Cr |
| #10 | [HSN Code 23065090: Other Coconut/Copra Residues (Animal Feed)](https://busy.in/hsn/hsn-23065090/) | ₹1 Cr |