--- title: "HSN Code for Oil-Cake Meal From Castor Seeds | HSN 23069027 GST Rate" description: "Find HSN and GST Rates for 23069027 related to Oil-Cake Meal From Castor Seeds with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-23069027/" --- # HSN Code 23069027: Oil-Cake Meal From Castor 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 | | --- | --- | --- | --- | --- | | 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) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 23069027 ? It includes Oil-Cake Meal From Castor Seeds ### How should mixed supplies be billed when Oil-Cake Meal From Castor 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 Castor Seeds; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Oil-Cake Meal From Castor 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. ### Can we claim ITC on inputs used to trade Oil-Cake Meal From Castor 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 Castor 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. ### Any common misclassification issue with Oil-Cake Meal From Castor 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. ## India's trade performance: HSN Code 23069027 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹249 Cr (−29.15% YoY) — 0.0068% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹249 Cr (Surplus); surplus rank #1016 of 12657 HSN codes - Share of Sub-Chapter 2306: 6.06% of its exports; import side 0.00% - Rank within Sub-Chapter 2306: #2 of 38 by export value ### Key metrics - Export CAGR: 2.71% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1621 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +69.13% in FY 2019-20 - Contribution to Sub-Ch. 2306: 6.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 23069027 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 | 212.11 | 0.0093% | — | 7.71% | Nil | 0.0000% | — | 0.00% | +212.11 | #1268 | | FY 2019-20 | 358.74 | 0.0163% | +69.13% | 14.37% | Nil | 0.0000% | — | 0.00% | +358.74 | #857 | | FY 2020-21 | 267.65 | 0.0124% | −25.39% | 8.27% | Nil | 0.0000% | — | 0.00% | +267.65 | #1113 | | FY 2021-22 | 386.48 | 0.0123% | +44.40% | 10.89% | Nil | 0.0000% | — | 0.00% | +386.48 | #1059 | | FY 2022-23 | 480.45 | 0.0133% | +24.31% | 8.14% | Nil | 0.0000% | — | 0.00% | +480.45 | #952 | | FY 2023-24 | 351.44 | 0.0097% | −26.85% | 6.37% | Nil | 0.0000% | — | 0.00% | +351.44 | #1259 | | FY 2024-25 | 248.98 | 0.0068% | −29.15% | 6.06% | Nil | 0.0000% | — | 0.00% | +248.98 | #1621 | - CAGR (7-year): exports 2.71%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 23069027 export-import analysis ### Consistent export growth: 2.71% CAGR over 7 years India's exports under HSN Code 23069027 have grown at a compound annual rate of 2.71% over 7 fiscal years, rising from ₹212.11 Crore in FY 2018-19 to ₹248.98 Crore in FY 2024-25. ### HSN Code 23069027 ranked #1621 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 23069027 ranks #1621 out of 12657 HSN codes by total export value. Within Sub-Chapter 2306, it ranks #2 of 38. By trade surplus, it ranks #1016 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 23069027 exports The strongest single-year export movement for HSN Code 23069027 was recorded in FY 2019-20, when exports surged by 69.13% over the prior year. ### India maintains a trade surplus of ₹248.98 Crore in HSN Code 23069027 goods In FY 2024-25, India's exports of ₹248.98 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹248.98 Crore — ranking #1016 of 12657 by surplus magnitude. ### HSN Code 23069027 contributes 6.06% of Sub-Chapter 2306 exports — ranked #2 Among the 38 HSN codes under Sub-Chapter 2306, HSN Code 23069027 ranks #2 by export value — accounting for 6.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-23061020/) | ₹7 Cr | | #10 | [HSN Code 23065090: Other Coconut/Copra Residues (Animal Feed)](https://busy.in/hsn/hsn-23065090/) | ₹1 Cr |