HSN Code 35079061: Microbial enzymes: Streptokinase

HSN Code 35079061 represents Microbial enzymes: Streptokinase under GST classification. This code helps businesses identify Microbial enzymes: Streptokinase correctly for billing, taxation, and trade. With HSN Code 35079061, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Microbial enzymes: Streptokinase.

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Description of Goods for HSN Code 35079061

HSN Code 35079061 relates to the following description.

Description of Goods

Other : Other enzymes of microbial origin : Streptokinase

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 35079061 not include?

Microbial enzymes: Streptokinase 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 35079061 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+945.83% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8620 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: 0.30% of Sub-Chapter 3507’s imports

At a glance

−100.00%

Peak Growth Year

FY 2020-21 · 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 35079061

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

Balance

−4.47

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

Imports

4.47 ₹ Cr

0.0001% share

— YoY

0.52% of Sub-Ch. 3507

FY 2019-20 Exp. Rank #8058

Balance

−4.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.20% of Sub-Ch. 3507

Imports

5.45 ₹ Cr

0.0002% share

+21.92% YoY

0.66% of Sub-Ch. 3507

FY 2020-21

Balance

−3.92

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3507

Imports

3.92 ₹ Cr

0.0001% share

−28.07% YoY

0.40% of Sub-Ch. 3507

FY 2021-22 Exp. Rank #8028

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.18% of Sub-Ch. 3507

Imports

1.25 ₹ Cr

0.0000% share

−68.11% YoY

0.10% of Sub-Ch. 3507

FY 2022-23

Balance

−7.75

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3507

Imports

7.75 ₹ Cr

0.0001% share

+520.00% YoY

0.62% of Sub-Ch. 3507

FY 2023-24

Balance

−0.48

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−93.81% YoY

0.04% of Sub-Ch. 3507

FY 2024-25

Balance

−5.02

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3507

Imports

5.02 ₹ Cr

0.0001% share

+945.83% YoY

0.30% of Sub-Ch. 3507

CAGR · 7-Year

Exports

—

Imports

1.95% /yr

Consistently Deficit
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 35079061 Export-Import Analysis

Export Snapshot for HSN Code 35079061

India exported ₹0.00 Crore worth of Microbial enzymes: Streptokinase in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2020-21 Was the Strongest Growth Year for HSN Code 35079061 Exports

The strongest single-year export movement for HSN Code 35079061 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹5.02 Crore in HSN Code 35079061 Goods

In FY 2024-25, India's imports of ₹5.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹5.02 Crore — ranking #8620 of 12657 by surplus magnitude.

Import Growth of 1.95% CAGR Signals Stable Import Dependency for Microbial enzymes: Streptokinase

India's imports under HSN Code 35079061 have grown at 1.95% CAGR, reaching ₹5.02 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 35079061 and GST compliance.

What products are classified under HSN 35079061 ?

It includes Microbial enzymes: Streptokinase

Do e‑way bill and e‑invoice apply for Microbial enzymes: Streptokinase?

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 enzymes: Streptokinase?

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 enzymes: Streptokinase?

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 Microbial enzymes: Streptokinase?

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

How should mixed supplies be billed when Microbial enzymes: Streptokinase is sold with other items?

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

How much GST applies to Microbial enzymes: Streptokinase?

Under HSN 35079061, Microbial enzymes: Streptokinase 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.