HSN Code 23061040: Oil-Cake Meal From Cotton Seeds

HSN Code 23061040 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 23061040, 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 23061040

HSN Code 23061040 relates to the following description.

Description of Goods

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)

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 23061040 not include?

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

HSN Code 23061010

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)

HSN Code 23061020

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)

HSN Code 23061030

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)

HSN Code 23061090

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)

HSN Code 23062010

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)

HSN Code 23062020

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)

HSN Code 23062090

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)

HSN Code 23063010

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)

HSN Code 23063020

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)

HSN Code 23063090

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)

HSN Code 23064100

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)

HSN Code 23064900

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)

HSN Code 23065010

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)

HSN Code 23065020

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)

HSN Code 23065090

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)

HSN Code 23066000

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)

HSN Code 23067000

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

HSN Code 23069011

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)

HSN Code 23069012

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)

HSN Code 23069013

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)

HSN Code 23069014

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)

HSN Code 23069015

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)

HSN Code 23069016

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)

HSN Code 23069017

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)

HSN Code 23069018

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)

HSN Code 23069019

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)

HSN Code 23069021

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)

HSN Code 23069022

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)

HSN Code 23069023

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)

HSN Code 23069024

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)

HSN Code 23069025

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)

HSN Code 23069026

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)

HSN Code 23069027

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)

HSN Code 23069028

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)

HSN Code 23069029

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)

HSN Code 23069030

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)

HSN Code 23069090

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 23061040 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

< ₹1 Crore

−44.23% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

First year of recorded data

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8512 of 12657 HSN codes

% of Sub-Chapter 2306

FY 2024-25

0.01%

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

Import side: 0.57% of Sub-Chapter 2306’s imports

Rank Within Sub-Chapter 2306

FY 2024-25

#16 of 38

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

Import-side rank: #11 of 38

At a glance

−46.73%

Export CAGR

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

#9215

National Export Rank

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

+28.75%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Sub-Ch. 2306

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

India Export-Import Trade Statistics for HSN Code 23061040

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 #4713

Balance

+12.69

Exports

12.69 ₹ Cr

0.0006% share

— YoY

0.46% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2306

FY 2019-20 Exp. Rank #6061

Balance

+4.10

Exports

4.22 ₹ Cr

0.0002% share

−66.75% YoY

0.17% of Sub-Ch. 2306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2306

FY 2020-21 Exp. Rank #7058

Balance

+1.08

Exports

1.86 ₹ Cr

0.0001% share

−55.92% YoY

0.06% of Sub-Ch. 2306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+550.00% YoY

0.08% of Sub-Ch. 2306

FY 2021-22 Exp. Rank #8183

Balance

+0.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−56.99% YoY

0.02% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2306

FY 2022-23 Exp. Rank #8079

Balance

+1.03

Exports

1.03 ₹ Cr

0.0000% share

+28.75% YoY

0.02% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2306

FY 2023-24 Exp. Rank #8769

Balance

+0.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−49.51% YoY

0.01% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2306

FY 2024-25 Exp. Rank #9215

Balance

−4.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−44.23% YoY

0.01% of Sub-Ch. 2306

Imports

4.41 ₹ Cr

0.0001% share

— YoY

0.57% of Sub-Ch. 2306

CAGR · 7-Year

Exports

−46.73% /yr

Imports

—

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 23061040 Export-Import Analysis

Export Decline: −46.73% CAGR Over 7 Years

India's exports under HSN Code 23061040 have declined at a compound annual rate of −46.73% over 7 fiscal years, falling from ₹12.69 Crore in FY 2018-19 to ₹0.29 Crore in FY 2024-25.

HSN Code 23061040 Ranked #9215 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 23061040 ranks #9215 out of 12657 HSN codes by total export value. Within Sub-Chapter 2306, it ranks #16 of 38. By trade surplus, it ranks #8512 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 23061040 Exports

The strongest single-year export movement for HSN Code 23061040 was recorded in FY 2022-23, when exports surged by 28.75% over the prior year.

India Records a Trade Deficit of ₹4.12 Crore in HSN Code 23061040 Goods

In FY 2024-25, India's imports of ₹4.41 Cr exceeded exports of ₹0.29 Cr, resulting in a trade deficit of ₹4.12 Crore — ranking #8512 of 12657 by surplus magnitude.

HSN Code 23061040 Contributes 0.01% of Sub-Chapter 2306 Exports — Ranked #16

Among the 38 HSN codes under Sub-Chapter 2306, HSN Code 23061040 ranks #16 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.57% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23061040 and GST compliance.

What products are classified under HSN 23061040 ?

It includes Oil-Cake Meal From Cotton Seeds

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).

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.

How much GST applies to Oil-Cake Meal From Cotton Seeds?

Under HSN 23061040, Oil-Cake Meal From Cotton Seeds attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

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.

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.

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.

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.