HSN Code 35071019: Microbial rennet

HSN Code 35071019 represents Microbial rennet under GST classification. This code helps businesses identify Microbial rennet correctly for billing, taxation, and trade. With HSN Code 35071019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Microbial rennet.

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Description of Goods for HSN Code 35071019

HSN Code 35071019 relates to the following description.

Description of Goods

Rennet and concentrates thereof : Microbial rennet : Other

Chapter

35 - Albuminoidal substances; modified starches; glues; enzymes

Sub Chapter

3507 - Enzymes; prepared enzymes not elsewhere specified or included

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 35071019 not include?

Microbial rennet does not include products with the following descriptions.

HSN Code 35079071

Other : Enzymes for pharmaceutical use, other than streptokinase : Papain, pure, of pharmaceutical grade

India’s Trade Performance — HSN Code 35071019 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

< ₹1 Crore

−84.62% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5519 of 12657 HSN codes

% of Sub-Chapter 3507

FY 2024-25

0.00%

Share of Sub-Chapter 3507’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 3507’s imports

Rank Within Sub-Chapter 3507

FY 2024-25

#14 of 16

Position by export value among HSN codes in Sub-Chapter 3507

At a glance

−43.73%

Export CAGR

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

#10305

National Export Rank

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

+121.43%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.00%

Contribution to Sub-Ch. 3507

Share of Sub-Chapter 3507 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 35071019

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 #8000

Balance

+0.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.22% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

FY 2019-20 Exp. Rank #8373

Balance

+0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−36.51% YoY

0.13% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

FY 2020-21 Exp. Rank #8649

Balance

+0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−30.00% YoY

0.07% of Sub-Ch. 3507

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

FY 2021-22 Exp. Rank #8422

Balance

+0.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+121.43% YoY

0.12% of Sub-Ch. 3507

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 3507

FY 2022-23 Exp. Rank #9591

Balance

+0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.26% YoY

0.02% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3507

FY 2023-24 Exp. Rank #9670

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+18.18% YoY

0.02% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

FY 2024-25 Exp. Rank #10305

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−84.62% YoY

0.00% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

CAGR · 7-Year

Exports

−43.73% /yr

Imports

—

Consistently Surplus
Sub-Chapter 3507 total

reference, FY 2024-25

Export

₹722.99 Cr

Import

₹1,647.87 Cr

Trade Balance

−924.88

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

Key Trade Insights: HSN Code 35071019 Export-Import Analysis

Export Decline: −43.73% CAGR Over 7 Years

India's exports under HSN Code 35071019 have declined at a compound annual rate of −43.73% over 7 fiscal years, falling from ₹0.63 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

HSN Code 35071019 Ranked #10305 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 35071019 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 3507, it ranks #14 of 16. By trade surplus, it ranks #5519 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 35071019 Exports

The strongest single-year export movement for HSN Code 35071019 was recorded in FY 2021-22, when exports surged by 121.43% over the prior year.

India Maintains a Trade Surplus of ₹0.02 Crore in HSN Code 35071019 Goods

In FY 2024-25, India's exports of ₹0.02 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.02 Crore — ranking #5519 of 12657 by surplus magnitude.

HSN Code 35071019 Contributes 0.00% of Sub-Chapter 3507 Exports — Ranked #14

Among the 16 HSN codes under Sub-Chapter 3507, HSN Code 35071019 ranks #14 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 35071019 and GST compliance.

What products are classified under HSN 35071019 ?

It includes Microbial rennet

Do e‑way bill and e‑invoice apply for Microbial rennet?

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.

Does packaging or labelling change the GST for Microbial rennet?

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.

Can we claim ITC on inputs used to trade Microbial rennet?

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 Microbial rennet is sold with other items?

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

How much GST applies to Microbial rennet?

Under HSN 35071019, Microbial rennet attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.