Consistent Export Growth: 16.49% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0401 have grown at a compound annual rate of 16.49% over 7 fiscal years, rising from ₹58.57 Crore in FY 2018-19 to ₹146.34 Crore in FY 2024-25.
HSN Sub Chapter 0401 represents Unconcentrated milk & cream under GST classification. This code helps businesses identify Unconcentrated milk & cream correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0401, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unconcentrated milk & cream.
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GST Rate for Unconcentrated milk & cream under HSN Code 0401. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Unconcentrated milk & cream.
Tariff HSN
Description
Of a fat content, by weight, not exceeding 1%
Tariff HSN
Description
Of a fat content, by weight, exceeding 1% but not exceeding 6%
Tariff HSN
Description
Of a fat content, by weight, exceeding 6% but not exceeding 10%
Tariff HSN
Description
Of a fat content, by weight, exceeding 10%
India’s Exports
FY 2024-25₹146 Cr
0.0040% of India’s total exports
India’s Imports
FY 2024-25₹25 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25₹122 Cr
Surplus rank #373 of 1233 subchapters
% of Chapter 04
FY 2024-252.02%
Share of Chapter 04’s total exports in FY 2024-25
Import side: 6.38% of Chapter 04’s imports
Rank Within Chapter 04
FY 2024-25#7 of 10
Position by export value among subchapters in Chapter 04
Import-side rank: #3 of 10
At a glance
16.49%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#765
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+30.58%
Peak Growth Year
FY 2024-25 · strongest single-year move
2.02%
Contribution to Ch. 04
Share of Chapter 04 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
+45.88
Exports
58.57 ₹ Cr
0.0026% share
— YoY
1.55% of Ch. 04
Imports
12.69 ₹ Cr
0.0004% share
— YoY
5.55% of Ch. 04
Balance
+66.57
Exports
75.30 ₹ Cr
0.0034% share
+28.56% YoY
3.01% of Ch. 04
Imports
8.73 ₹ Cr
0.0003% share
−31.21% YoY
3.27% of Ch. 04
Balance
+59.90
Exports
64.79 ₹ Cr
0.0030% share
−13.96% YoY
2.49% of Ch. 04
Imports
4.89 ₹ Cr
0.0002% share
−43.99% YoY
1.97% of Ch. 04
Balance
+65.61
Exports
73.82 ₹ Cr
0.0024% share
+13.94% YoY
1.59% of Ch. 04
Imports
8.21 ₹ Cr
0.0002% share
+67.89% YoY
3.65% of Ch. 04
Balance
+83.71
Exports
95.16 ₹ Cr
0.0026% share
+28.91% YoY
1.94% of Ch. 04
Imports
11.45 ₹ Cr
0.0002% share
+39.46% YoY
3.14% of Ch. 04
Balance
+87.51
Exports
112.07 ₹ Cr
0.0031% share
+17.77% YoY
2.17% of Ch. 04
Imports
24.56 ₹ Cr
0.0004% share
+114.50% YoY
4.90% of Ch. 04
Balance
+121.65
Exports
146.34 ₹ Cr
0.0040% share
+30.58% YoY
2.02% of Ch. 04
Imports
24.69 ₹ Cr
0.0004% share
+0.53% YoY
6.38% of Ch. 04
CAGR · 7-Year
Exports
16.49% /yr
Imports
11.73% /yr
reference, FY 2024-25
Export
₹7,242.47 Cr
Import
₹387.11 Cr
Trade Balance
+6,855.36
India's exports under HSN Sub-Chapter 0401 have grown at a compound annual rate of 16.49% over 7 fiscal years, rising from ₹58.57 Crore in FY 2018-19 to ₹146.34 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0401 ranks #765 out of 1233 subchapters by total export value. Within Chapter 04, it ranks #7 of 10. By trade surplus, it ranks #373 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0401 was recorded in FY 2024-25, when exports surged by 30.58% over the prior year.
In FY 2024-25, India's exports of ₹146.34 Cr exceeded imports of ₹24.69 Cr, resulting in a trade surplus of ₹121.65 Crore — ranking #373 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0401 have grown at 11.73% CAGR, reaching ₹24.69 Crore in FY 2024-25.
Among the 10 subchapters under Chapter 04, HSN Sub-Chapter 0401 ranks #7 by export value — accounting for 2.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.38% share (rank #3).
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 0401 and GST compliance.
It includes Unconcentrated milk & cream
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Unconcentrated milk & cream are forward charge. Check the current notifications for any special cases before deciding.
Use a delivery challan for sending Unconcentrated milk & cream 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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.