HSN Code 35071099: Rennet and concentrates thereof : Other : Other

HSN Code 35071099 represents Rennet and concentrates thereof : Other : Other under GST classification. This code helps businesses identify Rennet and concentrates thereof : Other : Other correctly for billing, taxation, and trade. With HSN Code 35071099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rennet and concentrates thereof : Other : Other.

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Description of Goods for HSN Code 35071099

HSN Code 35071099 relates to the following description.

Description of Goods

Rennet and concentrates thereof : Other : 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 35071099 not include?

Rennet and concentrates thereof : Other : Other 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 35071099 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

+12.00% 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 #4995 of 12657 HSN codes

% of Sub-Chapter 3507

FY 2024-25

0.04%

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

#10 of 16

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

At a glance

−14.95%

Export CAGR

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

#9239

National Export Rank

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

+179.17%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.04%

Contribution to Sub-Ch. 3507

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

India Export-Import Trade Statistics for HSN Code 35071099

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 #7874

Balance

−0.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.26% of Sub-Ch. 3507

Imports

1.30 ₹ Cr

0.0000% share

— YoY

0.15% of Sub-Ch. 3507

FY 2019-20 Exp. Rank #8720

Balance

−0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−67.57% YoY

0.08% of Sub-Ch. 3507

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−66.92% YoY

0.05% of Sub-Ch. 3507

FY 2020-21 Exp. Rank #7997

Balance

−1.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+179.17% YoY

0.17% of Sub-Ch. 3507

Imports

2.25 ₹ Cr

0.0001% share

+423.26% YoY

0.23% of Sub-Ch. 3507

FY 2021-22 Exp. Rank #8453

Balance

−0.87

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−10.45% YoY

0.11% of Sub-Ch. 3507

Imports

1.47 ₹ Cr

0.0000% share

−34.67% YoY

0.11% of Sub-Ch. 3507

FY 2022-23 Exp. Rank #9322

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−68.33% YoY

0.04% of Sub-Ch. 3507

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.28% YoY

0.00% of Sub-Ch. 3507

FY 2023-24 Exp. Rank #9307

Balance

+0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+31.58% YoY

0.04% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3507

FY 2024-25 Exp. Rank #9239

Balance

+0.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+12.00% YoY

0.04% of Sub-Ch. 3507

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

CAGR · 7-Year

Exports

−14.95% /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 35071099 Export-Import Analysis

Export Decline: −14.95% CAGR Over 7 Years

India's exports under HSN Code 35071099 have declined at a compound annual rate of −14.95% over 7 fiscal years, falling from ₹0.74 Crore in FY 2018-19 to ₹0.28 Crore in FY 2024-25.

HSN Code 35071099 Ranked #9239 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 35071099 ranks #9239 out of 12657 HSN codes by total export value. Within Sub-Chapter 3507, it ranks #10 of 16. By trade surplus, it ranks #4995 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 35071099 Exports

The strongest single-year export movement for HSN Code 35071099 was recorded in FY 2020-21, when exports surged by 179.17% over the prior year.

India Maintains a Trade Surplus of ₹0.28 Crore in HSN Code 35071099 Goods

In FY 2024-25, India's exports of ₹0.28 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.28 Crore — ranking #4995 of 12657 by surplus magnitude.

HSN Code 35071099 Contributes 0.04% of Sub-Chapter 3507 Exports — Ranked #10

Among the 16 HSN codes under Sub-Chapter 3507, HSN Code 35071099 ranks #10 by export value — accounting for 0.04% 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 35071099 and GST compliance.

What products are classified under HSN 35071099 ?

It includes Rennet and concentrates thereof : Other : Other

Do e‑way bill and e‑invoice apply for Rennet and concentrates thereof : Other : Other?

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 Rennet and concentrates thereof : Other : Other?

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 Rennet and concentrates thereof : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rennet and concentrates thereof : Other : Other; Nil for exempt items if applicable).

Any common misclassification issue with Rennet and concentrates thereof : Other : Other?

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 Rennet and concentrates thereof : Other : Other?

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.

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.