0402 HSN Code: Ground-nuts & fractions

HSN Sub Chapter 0402 represents Ground-nuts & fractions under GST classification. This code helps businesses identify Ground-nuts & fractions correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0402, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ground-nuts & fractions.

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New GST Rate for HSN Code 0402

GST Rate for Ground-nuts & fractions under HSN Code 0402. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

04

HSN Code

0402

HSN Description

Milk and cream, concentrated or containing added sugar or other sweetening matter

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 0402

Following tariff HSN codes fall under Ground-nuts & fractions.

Tariff HSN

04021010

Description

In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% : Skimmed Milk

Tariff HSN

04021020

Description

In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5%: Milk food for babies

Tariff HSN

04021090

Description

In powder, granules or other solid forms, of a fat content, by weight not exceeding 1.5% :Other

Tariff HSN

04022100

Description

In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5%: Not containing added sugar or other sweetening matter

Tariff HSN

04022910

Description

In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Whole milk

Tariff HSN

04022920

Description

In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Milk for babies

Tariff HSN

04022990

Description

In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5% :Other:Other

Tariff HSN

04029110

Description

Other: Not containing added sugar or other sweetening matter : Condensed milk

Tariff HSN

04029120

Description

Other

Tariff HSN

04029190

Description

Other:Not containing added sugar or other sweetening matter:Other

Tariff HSN

04029910

Description

Other:Other :Whole milk

Tariff HSN

04029920

Description

Other:Other :Condensed milk

Tariff HSN

04029990

Description

Other:Other :Other

India’s Trade Performance — HSN Sub-Chapter 0402 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

₹263 Cr

+33.84% vs FY 2023-24

0.0071% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

−60.60% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹252 Cr

Trade Surplus

Surplus rank #307 of 1233 subchapters

% of Chapter 04

FY 2024-25

3.63%

Share of Chapter 04’s total exports in FY 2024-25

Import side: 2.77% of Chapter 04’s imports

Rank Within Chapter 04

FY 2024-25

#6 of 10

Position by export value among subchapters in Chapter 04

Import-side rank: #6 of 10

At a glance

−13.94%

Export CAGR

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

#652

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+228.83%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.63%

Contribution to Ch. 04

Share of Chapter 04 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 0402

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 #373

Balance

+638.37

Exports

646.92 ₹ Cr

0.0282% share

— YoY

17.14% of Ch. 04

Imports

8.55 ₹ Cr

0.0002% share

— YoY

3.74% of Ch. 04

FY 2019-20 Exp. Rank #710

Balance

+83.15

Exports

108.01 ₹ Cr

0.0049% share

−83.30% YoY

4.32% of Ch. 04

Imports

24.86 ₹ Cr

0.0007% share

+190.76% YoY

9.32% of Ch. 04

FY 2020-21 Exp. Rank #486

Balance

+343.60

Exports

355.17 ₹ Cr

0.0165% share

+228.83% YoY

13.63% of Ch. 04

Imports

11.57 ₹ Cr

0.0004% share

−53.46% YoY

4.65% of Ch. 04

FY 2021-22 Exp. Rank #349

Balance

+1,078.28

Exports

1,085.22 ₹ Cr

0.0346% share

+205.55% YoY

23.43% of Ch. 04

Imports

6.94 ₹ Cr

0.0002% share

−40.02% YoY

3.09% of Ch. 04

FY 2022-23 Exp. Rank #474

Balance

+556.89

Exports

579.05 ₹ Cr

0.0160% share

−46.64% YoY

11.82% of Ch. 04

Imports

22.16 ₹ Cr

0.0004% share

+219.31% YoY

6.08% of Ch. 04

FY 2023-24 Exp. Rank #696

Balance

+169.15

Exports

196.36 ₹ Cr

0.0054% share

−66.09% YoY

3.79% of Ch. 04

Imports

27.21 ₹ Cr

0.0005% share

+22.79% YoY

5.43% of Ch. 04

FY 2024-25 Exp. Rank #652

Balance

+252.09

Exports

262.81 ₹ Cr

0.0071% share

+33.84% YoY

3.63% of Ch. 04

Imports

10.72 ₹ Cr

0.0002% share

−60.60% YoY

2.77% of Ch. 04

CAGR · 7-Year

Exports

−13.94% /yr

Imports

3.84% /yr

Consistently Surplus
Chapter 04 total

reference, FY 2024-25

Export

₹7,242.47 Cr

Import

₹387.11 Cr

Trade Balance

+6,855.36

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

Key Trade Insights: HSN Sub-Chapter 0402 Export-Import Analysis

Export Decline: −13.94% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 0402 have declined at a compound annual rate of −13.94% over 7 fiscal years, falling from ₹646.92 Crore in FY 2018-19 to ₹262.81 Crore in FY 2024-25.

HSN Sub-Chapter 0402 Ranked #652 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 0402 ranks #652 out of 1233 subchapters by total export value. Within Chapter 04, it ranks #6 of 10. By trade surplus, it ranks #307 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 0402 Exports

The strongest single-year export movement for HSN Sub-Chapter 0402 was recorded in FY 2020-21, when exports surged by 228.83% over the prior year.

India Maintains a Trade Surplus of ₹252.09 Crore in HSN Sub-Chapter 0402 Goods

In FY 2024-25, India's exports of ₹262.81 Cr exceeded imports of ₹10.72 Cr, resulting in a trade surplus of ₹252.09 Crore — ranking #307 of 1233 by surplus magnitude.

Import Growth of 3.84% CAGR Signals Stable Import Dependency for Ground-nuts & fractions

India's imports under HSN Sub-Chapter 0402 have grown at 3.84% CAGR, reaching ₹10.72 Crore in FY 2024-25.

HSN Sub-Chapter 0402 Contributes 3.63% of Chapter 04 Exports — Ranked #6

Among the 10 subchapters under Chapter 04, HSN Sub-Chapter 0402 ranks #6 by export value — accounting for 3.63% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.77% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 0402 and GST compliance.

What products are classified under HSN 0402

It includes Ground-nuts & fractions

Do spares or accessories of Ground-nuts & fractions follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How should I document Ground-nuts & fractions sent for job work?

Use a delivery challan for sending Ground-nuts & fractions 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.

What should my invoice and records include for Ground-nuts & fractions?

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.

Is the composition scheme suitable if I mainly trade Ground-nuts & fractions?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

Any import/export nuance for Ground-nuts & fractions?

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.

If I repair and return Ground-nuts & fractions, how should I charge GST?

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.

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.

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