HSN Code 35040099 represents Isolated Soya Protein under GST classification. This code helps businesses identify Isolated Soya Protein correctly for billing, taxation, and trade. With HSN Code 35040099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Isolated Soya Protein.
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HSN Code 35040099 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 : Other : Other
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 : Other : Other
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%
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 : Isolated soya protein
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 : Isolated soya protein
India’s Exports
FY 2024-25₹122 Cr
0.0033% of India’s total exports
India’s Imports
FY 2024-25₹179 Cr
0.0029% of India’s total imports
Trade Balance
FY 2024-25−₹57 Cr
Surplus rank #10341 of 12657 HSN codes
% of Sub-Chapter 3504
FY 2024-2536.57%
Share of Sub-Chapter 3504’s total exports in FY 2024-25
Import side: 28.95% of Sub-Chapter 3504’s imports
Rank Within Sub-Chapter 3504
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 3504
Import-side rank: #2 of 3
At a glance
15.12%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2419
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+46.11%
Peak Growth Year
FY 2024-25 · strongest single-year move
36.57%
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
+2.36
Exports
52.24 ₹ Cr
0.0023% share
— YoY
65.16% of Sub-Ch. 3504
Imports
49.88 ₹ Cr
0.0014% share
— YoY
19.08% of Sub-Ch. 3504
Balance
−1.74
Exports
44.25 ₹ Cr
0.0020% share
−15.29% YoY
57.58% of Sub-Ch. 3504
Imports
45.99 ₹ Cr
0.0014% share
−7.80% YoY
19.24% of Sub-Ch. 3504
Balance
−6.06
Exports
53.96 ₹ Cr
0.0025% share
+21.94% YoY
44.88% of Sub-Ch. 3504
Imports
60.02 ₹ Cr
0.0021% share
+30.51% YoY
19.93% of Sub-Ch. 3504
Balance
−28.86
Exports
63.61 ₹ Cr
0.0020% share
+17.88% YoY
38.35% of Sub-Ch. 3504
Imports
92.47 ₹ Cr
0.0020% share
+54.07% YoY
18.60% of Sub-Ch. 3504
Balance
−37.75
Exports
87.64 ₹ Cr
0.0024% share
+37.78% YoY
52.33% of Sub-Ch. 3504
Imports
125.39 ₹ Cr
0.0022% share
+35.60% YoY
20.44% of Sub-Ch. 3504
Balance
−27.28
Exports
83.24 ₹ Cr
0.0023% share
−5.02% YoY
35.81% of Sub-Ch. 3504
Imports
110.52 ₹ Cr
0.0020% share
−11.86% YoY
20.12% of Sub-Ch. 3504
Balance
−57.06
Exports
121.62 ₹ Cr
0.0033% share
+46.11% YoY
36.57% of Sub-Ch. 3504
Imports
178.68 ₹ Cr
0.0029% share
+61.67% YoY
28.95% of Sub-Ch. 3504
CAGR · 7-Year
Exports
15.12% /yr
Imports
23.70% /yr
reference, FY 2024-25
Export
₹332.56 Cr
Import
₹617.13 Cr
Trade Balance
−284.57
India's exports under HSN Code 35040099 have grown at a compound annual rate of 15.12% over 7 fiscal years, rising from ₹52.24 Crore in FY 2018-19 to ₹121.62 Crore in FY 2024-25.
In FY 2024-25, HSN Code 35040099 ranks #2419 out of 12657 HSN codes by total export value. Within Sub-Chapter 3504, it ranks #2 of 3. By trade surplus, it ranks #10341 of 12657.
The strongest single-year export movement for HSN Code 35040099 was recorded in FY 2024-25, when exports surged by 46.11% over the prior year.
In FY 2024-25, India's imports of ₹178.68 Cr exceeded exports of ₹121.62 Cr, resulting in a trade deficit of ₹57.06 Crore — ranking #10341 of 12657 by surplus magnitude.
India's imports under HSN Code 35040099 have grown at 23.70% CAGR, reaching ₹178.68 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 3504, HSN Code 35040099 ranks #2 by export value — accounting for 36.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.95% share (rank #2).
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 35040099 and GST compliance.
It includes 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.
Under HSN 35040099, Isolated Soya Protein attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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 Isolated Soya Protein; Nil for exempt items if applicable).