--- title: "HSN Code for Other Protein Substances | HSN 35040010 GST Rate" description: "Find HSN and GST Rates for 35040010 related to Other Protein Substances with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-35040010/" --- # HSN Code 35040010: Other Protein Substances - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 35: Albuminoidal Substances, Modified Starches, Glues, Enzymes](https://busy.in/hsn/chapter-35/) - [Sub-chapter 3504: Peptones & Protein Derivatives](https://busy.in/hsn/sub-chapter-3504/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Peptones | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 35040010 ? It includes Other Protein Substances ### Does packaging or labelling change the GST for Other Protein Substances? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Do e‑way bill and e‑invoice apply for Other Protein Substances? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Other Protein Substances? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other Protein Substances is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Protein Substances; Nil for exempt items if applicable). ### Any common misclassification issue with Other Protein Substances? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 35040010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹193 Cr (+48.28% YoY) — 0.0053% of India's total exports - Imports: ₹100 Cr (+17.39% YoY) — 0.0017% of India's total imports - Trade balance: ₹93 Cr (Surplus); surplus rank #1656 of 12657 HSN codes - Share of Sub-Chapter 3504: 58.17% of its exports; import side 16.28% - Rank within Sub-Chapter 3504: #1 of 3 by export value; import-side #3 ### Key metrics - Export CAGR: 40.28% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1881 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +131.56% in FY 2023-24 - Contribution to Sub-Ch. 3504: 58.17% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 35040010 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. 3504 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3504 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 25.39 | 0.0011% | — | 31.67% | 28.23 | 0.0008% | — | 10.80% | −2.84 | #3784 | | FY 2019-20 | 28.85 | 0.0013% | +13.63% | 37.54% | 33.50 | 0.0010% | +18.67% | 14.02% | −4.65 | #3644 | | FY 2020-21 | 49.44 | 0.0023% | +71.37% | 41.12% | 50.98 | 0.0017% | +52.18% | 16.93% | −1.54 | #2945 | | FY 2021-22 | 63.24 | 0.0020% | +27.91% | 38.13% | 35.87 | 0.0008% | −29.64% | 7.22% | +27.37 | #3035 | | FY 2022-23 | 56.34 | 0.0016% | −10.91% | 33.64% | 58.30 | 0.0010% | +62.53% | 9.50% | −1.96 | #3316 | | FY 2023-24 | 130.46 | 0.0036% | +131.56% | 56.13% | 85.58 | 0.0015% | +46.79% | 15.58% | +44.88 | #2264 | | FY 2024-25 | 193.45 | 0.0053% | +48.28% | 58.17% | 100.46 | 0.0017% | +17.39% | 16.28% | +92.99 | #1881 | - CAGR (7-year): exports 40.28%/yr, imports 23.56%/yr (consistently Surplus) ## Key trade insights: HSN Code 35040010 export-import analysis ### Consistent export growth: 40.28% CAGR over 7 years India's exports under HSN Code 35040010 have grown at a compound annual rate of 40.28% over 7 fiscal years, rising from ₹25.39 Crore in FY 2018-19 to ₹193.45 Crore in FY 2024-25. ### HSN Code 35040010 ranked #1881 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 35040010 ranks #1881 out of 12657 HSN codes by total export value. Within Sub-Chapter 3504, it ranks #1 of 3. By trade surplus, it ranks #1656 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 35040010 exports The strongest single-year export movement for HSN Code 35040010 was recorded in FY 2023-24, when exports surged by 131.56% over the prior year. ### India maintains a trade surplus of ₹92.99 Crore in HSN Code 35040010 goods In FY 2024-25, India's exports of ₹193.45 Cr exceeded imports of ₹100.46 Cr, resulting in a trade surplus of ₹92.99 Crore — ranking #1656 of 12657 by surplus magnitude. ### Import growth of 23.56% CAGR signals rising demand for Other Protein Substances India's imports under HSN Code 35040010 have grown at 23.56% CAGR, reaching ₹100.46 Crore in FY 2024-25. ### HSN Code 35040010 contributes 58.17% of Sub-Chapter 3504 exports — ranked #1 Among the 3 HSN codes under Sub-Chapter 3504, HSN Code 35040010 ranks #1 by export value — accounting for 58.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.28% share (rank #3). ## Related HSN Codes in Sub-Chapter 3504 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 35040010: Other Protein Substances (this hsn code) | ₹193 Cr | | #2 | [HSN Code 35040099: Isolated Soya Protein](https://busy.in/hsn/hsn-35040099/) | ₹122 Cr | | #3 | [HSN Code 35040091: Penicillin & Salts (e.g., Procaine Penicillin)](https://busy.in/hsn/hsn-35040091/) | ₹17 Cr |