HSN Code 23061020: Oil-Cake Meal From Cotton Seeds

HSN Code 23061020 represents Oil-Cake Meal From Cotton Seeds under GST classification. This code helps businesses identify Oil-Cake Meal From Cotton Seeds correctly for billing, taxation, and trade. With HSN Code 23061020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Oil-Cake Meal From Cotton Seeds.

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Description of Goods for HSN Code 23061020

HSN Code 23061020 relates to the following description.

Description of Goods

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)

Chapter

23 - Residues and waste from the food industries; prepared animal fodder

Sub Chapter

2306 - Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or miscrobial fats or oils, other than those of heading 2304 or 2305

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 23061020 not include?

Oil-Cake Meal From Cotton Seeds does not include products with the following descriptions.

Of cotton seeds : Oil-cake and oil-cake meal, decorticated expeller 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)

Of cotton seeds : Oil-cake and oil-cake meal, undecorticated, expeller 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)

Of cotton seeds : Oil-cake and oil-cake meal, undecorticated, 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)

Of cotton seeds : Other (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)

Of linseed : Oil-cake and oil-cake meal, expeller 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)

Of linseed : Oil-cake and oil-cake meal, 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)

Of linseed : Other (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)

Of sunflower seeds : Oil-cake and oil-cake meal, expeller 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)

Of sunflower seeds : Oil-cake and oil-cake meal, 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)

Of sunflower seeds : Other (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)

Of rape or colza seeds : Of low erucic acid rape or colza seeds (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)

Of rape or colza seeds : Other (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)

Of coconut or copra : Oil-cake and oil-cake meal, expeller 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)

Of coconut or copra : Oil-cake and oil-cake meal, 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)

Of coconut or copra : Other (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)

Of palm nuts or kernels (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)

Oil-cake and other solid residues, whether or not ground or in the form ofpellets, resulting from the extraction ofvegetable fats or oils, other than thoseof heading 2304 or 2305 of maize (corn) germ

Other : Oil-cake and oil-cake meal, expeller variety : Of mowra seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of mustard seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of niger seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of seasamum seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of mango kernel (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of sal (de-oiled) (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of castor seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of neem seeds (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)

Other : Oil-cake and oil-cake meal, expeller variety : Of other seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of mustard seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of niger seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of cardi seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of seasamum seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of mango kernel (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of sal (de-oiled) (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of castor seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of neem seeds (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)

Other : Oil-cake and oil-cake meal, solvent extracted (defatted) variety : Of other seeds (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)

Other : Residues babool seed extraction (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)

Other : Other (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)

India’s Trade Performance — HSN Code 23061020 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

₹7 Cr

−40.67% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹48 Cr

−6.74% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹41 Cr

Trade Deficit

Surplus rank #10084 of 12657 HSN codes

% of Sub-Chapter 2306

FY 2024-25

0.17%

Share of Sub-Chapter 2306’s total exports in FY 2024-25

Import side: 6.11% of Sub-Chapter 2306’s imports

Rank Within Sub-Chapter 2306

FY 2024-25

#9 of 38

Position by export value among HSN codes in Sub-Chapter 2306

Import-side rank: #6 of 38

At a glance

20.80%

Export CAGR

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

#6238

National Export Rank

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

+101.80%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.17%

Contribution to Sub-Ch. 2306

Share of Sub-Chapter 2306 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6829

Balance

−28.93

Exports

2.22 ₹ Cr

0.0001% share

YoY

0.08% of Sub-Ch. 2306

Imports

31.15 ₹ Cr

0.0009% share

YoY

4.13% of Sub-Ch. 2306

FY 2019-20 Exp. Rank #5994

Balance

−30.77

Exports

4.48 ₹ Cr

0.0002% share

+101.80% YoY

0.18% of Sub-Ch. 2306

Imports

35.25 ₹ Cr

0.0011% share

+13.16% YoY

2.33% of Sub-Ch. 2306

FY 2020-21 Exp. Rank #6050

Balance

−45.79

Exports

4.52 ₹ Cr

0.0002% share

+0.89% YoY

0.14% of Sub-Ch. 2306

Imports

50.31 ₹ Cr

0.0017% share

+42.72% YoY

5.46% of Sub-Ch. 2306

FY 2021-22 Exp. Rank #6268

Balance

−86.59

Exports

5.35 ₹ Cr

0.0002% share

+18.36% YoY

0.15% of Sub-Ch. 2306

Imports

91.94 ₹ Cr

0.0020% share

+82.75% YoY

5.86% of Sub-Ch. 2306

FY 2022-23 Exp. Rank #5631

Balance

−69.17

Exports

9.99 ₹ Cr

0.0003% share

+86.73% YoY

0.17% of Sub-Ch. 2306

Imports

79.16 ₹ Cr

0.0014% share

−13.90% YoY

11.05% of Sub-Ch. 2306

FY 2023-24 Exp. Rank #5520

Balance

−39.43

Exports

11.63 ₹ Cr

0.0003% share

+16.42% YoY

0.21% of Sub-Ch. 2306

Imports

51.06 ₹ Cr

0.0009% share

−35.50% YoY

5.87% of Sub-Ch. 2306

FY 2024-25 Exp. Rank #6238

Balance

−40.72

Exports

6.90 ₹ Cr

0.0002% share

−40.67% YoY

0.17% of Sub-Ch. 2306

Imports

47.62 ₹ Cr

0.0008% share

−6.74% YoY

6.11% of Sub-Ch. 2306

CAGR · 7-Year

Exports

20.80% /yr

Imports

7.33% /yr

Consistently Deficit
Sub-Chapter 2306 total

reference, FY 2024-25

Export

₹4,106.42 Cr

Import

₹779.77 Cr

Trade Balance

+3,326.65

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23061020 and GST compliance.

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.

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.