HSN Code 23069018: Neem Seed Oil-Cake

HSN Code 23069018 represents Neem Seed Oil-Cake under GST classification. This code helps businesses identify Neem Seed Oil-Cake correctly for billing, taxation, and trade. With HSN Code 23069018, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Neem Seed Oil-Cake.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 23069018

HSN Code 23069018 relates to the following description.

Description of Goods

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)

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

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 23069018 not include?

Neem Seed Oil-Cake 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, 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)

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 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 23069018 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

₹13 Cr

+41.40% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹13 Cr

Trade Surplus

Surplus rank #3124 of 12657 HSN codes

% of Sub-Chapter 2306

FY 2024-25

0.32%

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

Import side: 0.00% of Sub-Chapter 2306’s imports

Rank Within Sub-Chapter 2306

FY 2024-25

#8 of 38

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

At a glance

11.91%

Export CAGR

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

#5419

National Export Rank

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

+77.54%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.32%

Contribution to Sub-Ch. 2306

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

India Export-Import Trade Statistics for HSN Code 23069018

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 #5472

Balance

+6.78

Exports

6.78 ₹ Cr

0.0003% share

YoY

0.25% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2306

FY 2019-20 Exp. Rank #5592

Balance

+5.92

Exports

6.19 ₹ Cr

0.0003% share

−8.70% YoY

0.25% of Sub-Ch. 2306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 2306

FY 2020-21 Exp. Rank #4946

Balance

+10.98

Exports

10.99 ₹ Cr

0.0005% share

+77.54% YoY

0.34% of Sub-Ch. 2306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−96.30% YoY

0.00% of Sub-Ch. 2306

FY 2021-22 Exp. Rank #5713

Balance

+8.37

Exports

8.37 ₹ Cr

0.0003% share

−23.84% YoY

0.24% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2306

FY 2022-23 Exp. Rank #6298

Balance

+5.77

Exports

5.77 ₹ Cr

0.0002% share

−31.06% YoY

0.10% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2306

FY 2023-24 Exp. Rank #5808

Balance

+9.42

Exports

9.42 ₹ Cr

0.0003% share

+63.26% YoY

0.17% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2306

FY 2024-25 Exp. Rank #5419

Balance

+13.32

Exports

13.32 ₹ Cr

0.0004% share

+41.40% YoY

0.32% of Sub-Ch. 2306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2306

CAGR · 7-Year

Exports

11.91% /yr

Imports

Consistently Surplus
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 23069018 Export-Import Analysis

Consistent Export Growth: 11.91% CAGR Over 7 Years

India's exports under HSN Code 23069018 have grown at a compound annual rate of 11.91% over 7 fiscal years, rising from ₹6.78 Crore in FY 2018-19 to ₹13.32 Crore in FY 2024-25.

HSN Code 23069018 Ranked #5419 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 23069018 ranks #5419 out of 12657 HSN codes by total export value. Within Sub-Chapter 2306, it ranks #8 of 38. By trade surplus, it ranks #3124 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 23069018 Exports

The strongest single-year export movement for HSN Code 23069018 was recorded in FY 2020-21, when exports surged by 77.54% over the prior year.

India Maintains a Trade Surplus of ₹13.32 Crore in HSN Code 23069018 Goods

In FY 2024-25, India's exports of ₹13.32 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹13.32 Crore — ranking #3124 of 12657 by surplus magnitude.

HSN Code 23069018 Contributes 0.32% of Sub-Chapter 2306 Exports — Ranked #8

Among the 38 HSN codes under Sub-Chapter 2306, HSN Code 23069018 ranks #8 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 23069018 and GST compliance.

What products are classified under HSN 23069018 ?

It includes Neem Seed Oil-Cake

Does packaging or labelling change the GST for Neem Seed Oil-Cake?

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 Neem Seed Oil-Cake?

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.

How should mixed supplies be billed when Neem Seed Oil-Cake is sold with other items?

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

How much GST applies to Neem Seed Oil-Cake?

Under HSN 23069018, Neem Seed Oil-Cake attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Neem Seed Oil-Cake?

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.

Can we claim ITC on inputs used to trade Neem Seed Oil-Cake?

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.