HSN Code 35040010 represents Other Protein Substances under GST classification. This code helps businesses identify Other Protein Substances correctly for billing, taxation, and trade. With HSN Code 35040010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Protein Substances.
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HSN Code 35040010 relates to the following description.
Albuminoidal substances; modified starches; glues; enzymes
Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed
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%
Description of Goods
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Peptones
Chapter
35 - Albuminoidal substances; modified starches; glues; enzymes
Sub Chapter
3504 - Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Other Protein Substances does not include products with the following descriptions.
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Isolated soya protein
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Isolated soya protein
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other
India’s Exports
FY 2024-25₹193 Cr
0.0053% of India’s total exports
India’s Imports
FY 2024-25₹100 Cr
0.0017% of India’s total imports
Trade Balance
FY 2024-25₹93 Cr
Surplus rank #1656 of 12657 HSN codes
% of Sub-Chapter 3504
FY 2024-2558.17%
Share of Sub-Chapter 3504’s total exports in FY 2024-25
Import side: 16.28% of Sub-Chapter 3504’s imports
Rank Within Sub-Chapter 3504
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 3504
Import-side rank: #3 of 3
At a glance
40.28%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1881
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+131.56%
Peak Growth Year
FY 2023-24 · strongest single-year move
58.17%
Contribution to Sub-Ch. 3504
Share of Sub-Chapter 3504 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.84
Exports
25.39 ₹ Cr
0.0011% share
— YoY
31.67% of Sub-Ch. 3504
Imports
28.23 ₹ Cr
0.0008% share
— YoY
10.80% of Sub-Ch. 3504
Balance
−4.65
Exports
28.85 ₹ Cr
0.0013% share
+13.63% YoY
37.54% of Sub-Ch. 3504
Imports
33.50 ₹ Cr
0.0010% share
+18.67% YoY
14.02% of Sub-Ch. 3504
Balance
−1.54
Exports
49.44 ₹ Cr
0.0023% share
+71.37% YoY
41.12% of Sub-Ch. 3504
Imports
50.98 ₹ Cr
0.0017% share
+52.18% YoY
16.93% of Sub-Ch. 3504
Balance
+27.37
Exports
63.24 ₹ Cr
0.0020% share
+27.91% YoY
38.13% of Sub-Ch. 3504
Imports
35.87 ₹ Cr
0.0008% share
−29.64% YoY
7.22% of Sub-Ch. 3504
Balance
−1.96
Exports
56.34 ₹ Cr
0.0016% share
−10.91% YoY
33.64% of Sub-Ch. 3504
Imports
58.30 ₹ Cr
0.0010% share
+62.53% YoY
9.50% of Sub-Ch. 3504
Balance
+44.88
Exports
130.46 ₹ Cr
0.0036% share
+131.56% YoY
56.13% of Sub-Ch. 3504
Imports
85.58 ₹ Cr
0.0015% share
+46.79% YoY
15.58% of Sub-Ch. 3504
Balance
+92.99
Exports
193.45 ₹ Cr
0.0053% share
+48.28% YoY
58.17% of Sub-Ch. 3504
Imports
100.46 ₹ Cr
0.0017% share
+17.39% YoY
16.28% of Sub-Ch. 3504
CAGR · 7-Year
Exports
40.28% /yr
Imports
23.56% /yr
reference, FY 2024-25
Export
₹332.56 Cr
Import
₹617.13 Cr
Trade Balance
−284.57
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.
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.
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.
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.
India's imports under HSN Code 35040010 have grown at 23.56% CAGR, reaching ₹100.46 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 35040010 and GST compliance.
It includes 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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.