Consistent Export Growth: 9.72% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0301 have grown at a compound annual rate of 9.72% over 7 fiscal years, rising from ₹10.70 Crore in FY 2018-19 to ₹18.67 Crore in FY 2024-25.
HSN Sub Chapter 0301 represents Live fish under GST classification. This code helps businesses identify Live fish correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Live fish.
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GST Rate for Live fish under HSN Code 0301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Live fish.
Tariff HSN
Description
Ornamental Fish : Fresh Water
Tariff HSN
Description
Ornamental Fish : Other
Tariff HSN
Description
Other Live Fish:Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarkii, Oncorhynchus aguabonita, Oncorhynchus gilae,chrysogaster )
Tariff HSN
Description
Other Live Fish:Eels (Anguilla spp.)
Tariff HSN
Description
Other Live Fish:Carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthy spp., Cirrhinus spp., Mylopharyngodon piceus)
Tariff HSN
Description
Other Live Fish:Atlantic and Pacific bluefin tunas (Thunnus thynnus, Thunnus orientalis)
Tariff HSN
Description
Other Live Fish:Southern bluefin tunas (Thunnus maccoyii)
Tariff HSN
Description
Other Live Fish : Other
India’s Exports
FY 2024-25₹19 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹26 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25−₹7 Cr
Surplus rank #577 of 1233 subchapters
% of Chapter 03
FY 2024-250.04%
Share of Chapter 03’s total exports in FY 2024-25
Import side: 1.31% of Chapter 03’s imports
Rank Within Chapter 03
FY 2024-25#7 of 9
Position by export value among subchapters in Chapter 03
Import-side rank: #7 of 9
At a glance
9.72%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1007
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+138.67%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.04%
Contribution to Ch. 03
Share of Chapter 03 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
−24.26
Exports
10.70 ₹ Cr
0.0005% share
— YoY
0.02% of Ch. 03
Imports
34.96 ₹ Cr
0.0010% share
— YoY
4.69% of Ch. 03
Balance
−4.87
Exports
12.00 ₹ Cr
0.0005% share
+12.15% YoY
0.03% of Ch. 03
Imports
16.87 ₹ Cr
0.0005% share
−51.74% YoY
1.84% of Ch. 03
Balance
−30.99
Exports
15.62 ₹ Cr
0.0007% share
+30.17% YoY
0.04% of Ch. 03
Imports
46.61 ₹ Cr
0.0016% share
+176.29% YoY
4.16% of Ch. 03
Balance
+8.37
Exports
37.28 ₹ Cr
0.0012% share
+138.67% YoY
0.07% of Ch. 03
Imports
28.91 ₹ Cr
0.0006% share
−37.97% YoY
2.30% of Ch. 03
Balance
+37.07
Exports
50.29 ₹ Cr
0.0014% share
+34.90% YoY
0.09% of Ch. 03
Imports
13.22 ₹ Cr
0.0002% share
−54.27% YoY
0.86% of Ch. 03
Balance
+12.73
Exports
27.73 ₹ Cr
0.0008% share
−44.86% YoY
0.05% of Ch. 03
Imports
15.00 ₹ Cr
0.0003% share
+13.46% YoY
1.00% of Ch. 03
Balance
−7.27
Exports
18.67 ₹ Cr
0.0005% share
−32.67% YoY
0.04% of Ch. 03
Imports
25.94 ₹ Cr
0.0004% share
+72.93% YoY
1.31% of Ch. 03
CAGR · 7-Year
Exports
9.72% /yr
Imports
−4.85% /yr
reference, FY 2024-25
Export
₹53,246.58 Cr
Import
₹1,987.32 Cr
Trade Balance
+51,259.26
India's exports under HSN Sub-Chapter 0301 have grown at a compound annual rate of 9.72% over 7 fiscal years, rising from ₹10.70 Crore in FY 2018-19 to ₹18.67 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0301 ranks #1007 out of 1233 subchapters by total export value. Within Chapter 03, it ranks #7 of 9. By trade surplus, it ranks #577 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0301 was recorded in FY 2021-22, when exports surged by 138.67% over the prior year.
In FY 2024-25, India's imports of ₹25.94 Cr exceeded exports of ₹18.67 Cr, resulting in a trade deficit of ₹7.27 Crore — ranking #577 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0301 have grown at −4.85% CAGR, reaching ₹25.94 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 03, HSN Sub-Chapter 0301 ranks #7 by export value — accounting for 0.04% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.31% share (rank #7).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 0301 and GST compliance.
It includes Live fish
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Use a delivery challan for sending Live fish to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.