HSN Code 23099020: Other :Concentrates for compound animal feed

HSN Code 23099020 represents Other :Concentrates for compound animal feed under GST classification. This code helps businesses identify Other :Concentrates for compound animal feed correctly for billing, taxation, and trade. With HSN Code 23099020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other :Concentrates for compound animal feed.

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Description of Goods for HSN Code 23099020

HSN Code 23099020 relates to the following description.

Description of Goods

Other :Concentrates for compound 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 23099020 not include?

Other :Concentrates for compound animal feed does not include products with the following descriptions.

India’s Trade Performance — HSN Code 23099020 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

₹332 Cr

+21.23% vs FY 2023-24

0.0090% of India’s total exports

India’s Imports

FY 2024-25

₹219 Cr

−12.41% vs FY 2023-24

0.0036% of India’s total imports

Trade Balance

FY 2024-25

₹113 Cr

Trade Surplus

Surplus rank #1525 of 12657 HSN codes

% of Sub-Chapter 2309

FY 2024-25

9.36%

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

Import side: 4.62% of Sub-Chapter 2309’s imports

Rank Within Sub-Chapter 2309

FY 2024-25

#4 of 7

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

Import-side rank: #4 of 7

At a glance

1.14%

Export CAGR

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

#1339

National Export Rank

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

+21.23%

Peak Growth Year

FY 2024-25 · strongest single-year move

9.36%

Contribution to Sub-Ch. 2309

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

India Export-Import Trade Statistics for HSN Code 23099020

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 #965

Balance

−180.46

Exports

310.41 ₹ Cr

0.0136% share

— YoY

15.23% of Sub-Ch. 2309

Imports

490.87 ₹ Cr

0.0137% share

— YoY

14.78% of Sub-Ch. 2309

FY 2019-20 Exp. Rank #954

Balance

−97.54

Exports

312.46 ₹ Cr

0.0142% share

+0.66% YoY

17.21% of Sub-Ch. 2309

Imports

410.00 ₹ Cr

0.0122% share

−16.47% YoY

12.78% of Sub-Ch. 2309

FY 2020-21 Exp. Rank #1049

Balance

−87.07

Exports

293.19 ₹ Cr

0.0136% share

−6.17% YoY

14.01% of Sub-Ch. 2309

Imports

380.26 ₹ Cr

0.0130% share

−7.25% YoY

10.74% of Sub-Ch. 2309

FY 2021-22 Exp. Rank #1392

Balance

−317.93

Exports

261.29 ₹ Cr

0.0083% share

−10.88% YoY

10.33% of Sub-Ch. 2309

Imports

579.22 ₹ Cr

0.0127% share

+52.32% YoY

12.87% of Sub-Ch. 2309

FY 2022-23 Exp. Rank #1475

Balance

−59.97

Exports

258.15 ₹ Cr

0.0071% share

−1.20% YoY

9.67% of Sub-Ch. 2309

Imports

318.12 ₹ Cr

0.0055% share

−45.08% YoY

7.19% of Sub-Ch. 2309

FY 2023-24 Exp. Rank #1461

Balance

+23.70

Exports

274.06 ₹ Cr

0.0076% share

+6.16% YoY

9.52% of Sub-Ch. 2309

Imports

250.36 ₹ Cr

0.0045% share

−21.30% YoY

6.30% of Sub-Ch. 2309

FY 2024-25 Exp. Rank #1339

Balance

+112.94

Exports

332.23 ₹ Cr

0.0090% share

+21.23% YoY

9.36% of Sub-Ch. 2309

Imports

219.29 ₹ Cr

0.0036% share

−12.41% YoY

4.62% of Sub-Ch. 2309

CAGR · 7-Year

Exports

1.14% /yr

Imports

−12.57% /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 23099020 Export-Import Analysis

Consistent Export Growth: 1.14% CAGR Over 7 Years

India's exports under HSN Code 23099020 have grown at a compound annual rate of 1.14% over 7 fiscal years, rising from ₹310.41 Crore in FY 2018-19 to ₹332.23 Crore in FY 2024-25.

HSN Code 23099020 Ranked #1339 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 23099020 ranks #1339 out of 12657 HSN codes by total export value. Within Sub-Chapter 2309, it ranks #4 of 7. By trade surplus, it ranks #1525 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 23099020 Exports

The strongest single-year export movement for HSN Code 23099020 was recorded in FY 2024-25, when exports surged by 21.23% over the prior year.

India Maintains a Trade Surplus of ₹112.94 Crore in HSN Code 23099020 Goods

In FY 2024-25, India's exports of ₹332.23 Cr exceeded imports of ₹219.29 Cr, resulting in a trade surplus of ₹112.94 Crore — ranking #1525 of 12657 by surplus magnitude.

Import Growth of −12.57% CAGR Signals Stable Import Dependency for Other :Concentrates for compound animal feed

India's imports under HSN Code 23099020 have grown at −12.57% CAGR, reaching ₹219.29 Crore in FY 2024-25.

HSN Code 23099020 Contributes 9.36% of Sub-Chapter 2309 Exports — Ranked #4

Among the 7 HSN codes under Sub-Chapter 2309, HSN Code 23099020 ranks #4 by export value — accounting for 9.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.62% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 23099020 and GST compliance.

What products are classified under HSN 23099020 ?

It includes Other :Concentrates for compound animal feed

Any watch‑outs when classifying Other :Concentrates for compound animal feed?

Use the exact HSN and form. Don’t charge GST on exempt fresh/chilled items; apply 5% only where pre‑packaged & labelled and not fresh/chilled.

Is ITC available on expenses for supplying Other :Concentrates for compound 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.

Any quick example to understand GST on Other :Concentrates for compound 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.

Do I need an e‑way bill while moving Other :Concentrates for compound 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.