HSN Code 23099010: Compounded Animal Feed

HSN Code 23099010 represents Compounded Animal Feed under GST classification. This code helps businesses identify Compounded Animal Feed correctly for billing, taxation, and trade. With HSN Code 23099010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Compounded Animal Feed.

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Description of Goods for HSN Code 23099010

HSN Code 23099010 relates to the following description.

Description of Goods

Other :Compounded animal feed

Chapter

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

Sub Chapter

2309 - Preparations of a kind used in animal feeding

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 23099010 not include?

Compounded Animal Feed does not include products with the following descriptions.

India’s Trade Performance — HSN Code 23099010 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

₹398 Cr

+32.42% vs FY 2023-24

0.0108% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

−60.16% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹392 Cr

Trade Surplus

Surplus rank #762 of 12657 HSN codes

% of Sub-Chapter 2309

FY 2024-25

11.22%

Share of Sub-Chapter 2309’s total exports in FY 2024-25

Import side: 0.12% of Sub-Chapter 2309’s imports

Rank Within Sub-Chapter 2309

FY 2024-25

#3 of 7

Position by export value among HSN codes in Sub-Chapter 2309

Import-side rank: #6 of 7

At a glance

15.12%

Export CAGR

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

#1189

National Export Rank

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

+32.42%

Peak Growth Year

FY 2024-25 · strongest single-year move

11.22%

Contribution to Sub-Ch. 2309

Share of Sub-Chapter 2309 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 23099010

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 #1466

Balance

−345.49

Exports

171.16 ₹ Cr

0.0075% share

— YoY

8.40% of Sub-Ch. 2309

Imports

516.65 ₹ Cr

0.0144% share

— YoY

15.56% of Sub-Ch. 2309

FY 2019-20 Exp. Rank #1288

Balance

−206.34

Exports

207.30 ₹ Cr

0.0094% share

+21.11% YoY

11.42% of Sub-Ch. 2309

Imports

413.64 ₹ Cr

0.0124% share

−19.94% YoY

12.89% of Sub-Ch. 2309

FY 2020-21 Exp. Rank #1325

Balance

−31.56

Exports

207.31 ₹ Cr

0.0096% share

+0.00% YoY

9.90% of Sub-Ch. 2309

Imports

238.87 ₹ Cr

0.0082% share

−42.25% YoY

6.74% of Sub-Ch. 2309

FY 2021-22 Exp. Rank #1357

Balance

+251.12

Exports

268.54 ₹ Cr

0.0086% share

+29.54% YoY

10.62% of Sub-Ch. 2309

Imports

17.42 ₹ Cr

0.0004% share

−92.71% YoY

0.39% of Sub-Ch. 2309

FY 2022-23 Exp. Rank #1444

Balance

+259.54

Exports

265.41 ₹ Cr

0.0073% share

−1.17% YoY

9.94% of Sub-Ch. 2309

Imports

5.87 ₹ Cr

0.0001% share

−66.30% YoY

0.13% of Sub-Ch. 2309

FY 2023-24 Exp. Rank #1390

Balance

+286.04

Exports

300.80 ₹ Cr

0.0083% share

+13.33% YoY

10.45% of Sub-Ch. 2309

Imports

14.76 ₹ Cr

0.0003% share

+151.45% YoY

0.37% of Sub-Ch. 2309

FY 2024-25 Exp. Rank #1189

Balance

+392.44

Exports

398.32 ₹ Cr

0.0108% share

+32.42% YoY

11.22% of Sub-Ch. 2309

Imports

5.88 ₹ Cr

0.0001% share

−60.16% YoY

0.12% of Sub-Ch. 2309

CAGR · 7-Year

Exports

15.12% /yr

Imports

−52.57% /yr

Consistently Surplus
Sub-Chapter 2309 total

reference, FY 2024-25

Export

₹3,549.06 Cr

Import

₹4,748.78 Cr

Trade Balance

−1,199.72

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

Key Trade Insights: HSN Code 23099010 Export-Import Analysis

Consistent Export Growth: 15.12% CAGR Over 7 Years

India's exports under HSN Code 23099010 have grown at a compound annual rate of 15.12% over 7 fiscal years, rising from ₹171.16 Crore in FY 2018-19 to ₹398.32 Crore in FY 2024-25.

HSN Code 23099010 Ranked #1189 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 23099010 ranks #1189 out of 12657 HSN codes by total export value. Within Sub-Chapter 2309, it ranks #3 of 7. By trade surplus, it ranks #762 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 23099010 Exports

The strongest single-year export movement for HSN Code 23099010 was recorded in FY 2024-25, when exports surged by 32.42% over the prior year.

India Maintains a Trade Surplus of ₹392.44 Crore in HSN Code 23099010 Goods

In FY 2024-25, India's exports of ₹398.32 Cr exceeded imports of ₹5.88 Cr, resulting in a trade surplus of ₹392.44 Crore — ranking #762 of 12657 by surplus magnitude.

Import Growth of −52.57% CAGR Signals Stable Import Dependency for Compounded Animal Feed

India's imports under HSN Code 23099010 have grown at −52.57% CAGR, reaching ₹5.88 Crore in FY 2024-25.

HSN Code 23099010 Contributes 11.22% of Sub-Chapter 2309 Exports — Ranked #3

Among the 7 HSN codes under Sub-Chapter 2309, HSN Code 23099010 ranks #3 by export value — accounting for 11.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23099010 and GST compliance.

What products are classified under HSN 23099010 ?

It includes Compounded Animal Feed

Any quick example to understand GST on Compounded Animal Feed?

Example: Fresh/chilled produce in open packs is Nil. If it is not fresh/chilled and sold as pre‑packaged & labelled, 5% may apply.

Is ITC available on expenses for supplying Compounded Animal Feed?

No. ITC attributable to exempt/Nil supplies is not available. If you also make taxable supplies, apportion and reverse credit under Rule 42.

Does e‑invoicing apply when I sell Compounded Animal Feed?

e‑Invoicing depends on turnover, not the item’s rate. If AATO exceeds the notified threshold (presently ₹5 crore), B2B invoices must be reported to the IRP unless you are a notified exempt person.

Do I need an e‑way bill while moving Compounded Animal Feed?

An e‑way bill may be required if the consignment value exceeds ₹50,000, subject to notified exemptions for agri/animal products.

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.