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HSN Code 35040091: Isolated Soya Protein

HSN Code 35040091 represents Isolated Soya Protein under GST classification. This code helps businesses identify Isolated Soya Protein correctly for billing, taxation, and trade. With HSN Code 35040091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Isolated Soya Protein.

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Description of Goods for HSN Code 35040091

HSN Code 35040091 relates to the following description.

Description of Goods

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

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%

What does HSN Code 35040091 not include?

Isolated Soya Protein 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 : Peptones

Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other

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India’s Trade Performance — HSN Code 35040091 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹21 Cr

+19.90% vs FY 2024-25

0.0005% of India’s total exports

India’s Imports

FY 2025-26

₹441 Cr

+30.48% vs FY 2024-25

0.0064% of India’s total imports

Trade Balance

FY 2025-26

−₹420 Cr

Trade Deficit

Surplus rank #11893 of 12872 HSN codes

% of Sub-Chapter 3504

FY 2025-26

4.72%

Share of Sub-Chapter 3504’s total exports in FY 2025-26

Import side: 50.93% of Sub-Chapter 3504’s imports

Rank Within Sub-Chapter 3504

FY 2025-26

#3 of 3

Position by export value among HSN codes in Sub-Chapter 3504

Import-side rank: #1 of 3

At a glance

35.20%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#4981

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+348.80%

Peak Growth Year

FY 2020-21 · strongest single-year move

4.72%

Contribution to Sub-Ch. 3504

Share of Sub-Chapter 3504 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 35040091

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6677

Balance

−180.71

Exports

2.54 ₹ Cr

0.0001% share

— YoY

3.17% of Sub-Ch. 3504

Imports

183.25 ₹ Cr

0.0051% share

— YoY

70.11% of Sub-Ch. 3504

FY 2019-20 Exp. Rank #6186

Balance

−155.77

Exports

3.75 ₹ Cr

0.0002% share

+47.64% YoY

4.88% of Sub-Ch. 3504

Imports

159.52 ₹ Cr

0.0048% share

−12.95% YoY

66.74% of Sub-Ch. 3504

FY 2020-21 Exp. Rank #4432

Balance

−173.37

Exports

16.83 ₹ Cr

0.0008% share

+348.80% YoY

14.00% of Sub-Ch. 3504

Imports

190.20 ₹ Cr

0.0065% share

+19.23% YoY

63.15% of Sub-Ch. 3504

FY 2021-22 Exp. Rank #3710

Balance

−329.69

Exports

39.01 ₹ Cr

0.0012% share

+131.79% YoY

23.52% of Sub-Ch. 3504

Imports

368.70 ₹ Cr

0.0081% share

+93.85% YoY

74.18% of Sub-Ch. 3504

FY 2022-23 Exp. Rank #4482

Balance

−406.33

Exports

23.50 ₹ Cr

0.0006% share

−39.76% YoY

14.03% of Sub-Ch. 3504

Imports

429.83 ₹ Cr

0.0075% share

+16.58% YoY

70.06% of Sub-Ch. 3504

FY 2023-24 Exp. Rank #4859

Balance

−334.53

Exports

18.73 ₹ Cr

0.0005% share

−20.30% YoY

8.06% of Sub-Ch. 3504

Imports

353.26 ₹ Cr

0.0063% share

−17.81% YoY

64.31% of Sub-Ch. 3504

FY 2024-25 Exp. Rank #5063

Balance

−320.51

Exports

17.49 ₹ Cr

0.0005% share

−6.62% YoY

5.26% of Sub-Ch. 3504

Imports

338.00 ₹ Cr

0.0056% share

−4.32% YoY

54.77% of Sub-Ch. 3504

FY 2025-26 Exp. Rank #4981

Balance

−420.04

Exports

20.97 ₹ Cr

0.0005% share

+19.90% YoY

4.72% of Sub-Ch. 3504

Imports

441.01 ₹ Cr

0.0064% share

+30.48% YoY

50.93% of Sub-Ch. 3504

CAGR · 8-Year

Exports

35.20% /yr

Imports

13.37% /yr

Consistently Deficit
Sub-Chapter 3504 total

reference, FY 2025-26

Export

₹444.71 Cr

Import

₹865.86 Cr

Trade Balance

−421.15

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

Key Trade Insights: HSN Code 35040091 Export-Import Analysis

Consistent Export Growth: 35.20% CAGR Over 8 Years

India's exports under HSN Code 35040091 have grown at a compound annual rate of 35.20% over 8 fiscal years, rising from ₹2.54 Crore in FY 2018-19 to ₹20.97 Crore in FY 2025-26.

HSN Code 35040091 Ranked #4981 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 35040091 ranks #4981 out of 12872 HSN codes by total export value. Within Sub-Chapter 3504, it ranks #3 of 3. By trade surplus, it ranks #11893 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 35040091 Exports

The strongest single-year export movement for HSN Code 35040091 was recorded in FY 2020-21, when exports surged by 348.80% over the prior year.

India Records a Trade Deficit of ₹420.04 Crore in HSN Code 35040091 Goods

In FY 2025-26, India's imports of ₹441.01 Cr exceeded exports of ₹20.97 Cr, resulting in a trade deficit of ₹420.04 Crore — ranking #11893 of 12872 by surplus magnitude.

Import Growth of 13.37% CAGR Signals Rising Demand for Isolated Soya Protein

India's imports under HSN Code 35040091 have grown at 13.37% CAGR, reaching ₹441.01 Crore in FY 2025-26.

HSN Code 35040091 Contributes 4.72% of Sub-Chapter 3504 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 3504, HSN Code 35040091 ranks #3 by export value — accounting for 4.72% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 50.93% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 35040091 and GST compliance.

What products are classified under HSN 35040091 ?

It includes Isolated Soya Protein

Do e‑way bill and e‑invoice apply for Isolated Soya Protein?

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.

How should mixed supplies be billed when Isolated Soya Protein is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Isolated Soya Protein; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Isolated Soya Protein?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Isolated Soya Protein?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Isolated Soya Protein?

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.

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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.