0403 HSN Code: Yogurt, Milk & Cream

HSN Sub Chapter 0403 represents Yogurt, Milk & Cream under GST classification. This code helps businesses identify Yogurt, Milk & Cream correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0403, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Yogurt, Milk & Cream.

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New GST Rate for HSN Code 0403

GST Rate for Yogurt, Milk & Cream under HSN Code 0403. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

04

HSN Code

0403

HSN Description

Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa, Curd, Lassi, Buttermilk, Pre-packaged and labelled

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 0403

Following tariff HSN codes fall under Yogurt, Milk & Cream.

Tariff HSN

04031000

Description

Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa yogurt

Tariff HSN

04032000

Description

Yogurt

Tariff HSN

04039010

Description

Other :Butter milk

Tariff HSN

04039090

Description

Other :Other

India’s Trade Performance — HSN Sub-Chapter 0403 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

₹38 Cr

+37.88% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−98.79% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹38 Cr

Trade Surplus

Surplus rank #444 of 1233 subchapters

% of Chapter 04

FY 2024-25

0.53%

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

Import side: 0.06% of Chapter 04’s imports

Rank Within Chapter 04

FY 2024-25

#8 of 10

Position by export value among subchapters in Chapter 04

Import-side rank: #9 of 10

At a glance

30.23%

Export CAGR

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

#942

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+53.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.53%

Contribution to Ch. 04

Share of Chapter 04 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 0403

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 #1021

Balance

+1.29

Exports

7.85 ₹ Cr

0.0003% share

— YoY

0.21% of Ch. 04

Imports

6.56 ₹ Cr

0.0002% share

— YoY

2.87% of Ch. 04

FY 2019-20 Exp. Rank #1005

Balance

+1.79

Exports

9.09 ₹ Cr

0.0004% share

+15.80% YoY

0.36% of Ch. 04

Imports

7.30 ₹ Cr

0.0002% share

+11.28% YoY

2.74% of Ch. 04

FY 2020-21 Exp. Rank #975

Balance

+12.29

Exports

13.19 ₹ Cr

0.0006% share

+45.10% YoY

0.51% of Ch. 04

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−87.67% YoY

0.36% of Ch. 04

FY 2021-22 Exp. Rank #987

Balance

+15.53

Exports

15.89 ₹ Cr

0.0005% share

+20.47% YoY

0.34% of Ch. 04

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−60.00% YoY

0.16% of Ch. 04

FY 2022-23 Exp. Rank #992

Balance

+15.90

Exports

18.15 ₹ Cr

0.0005% share

+14.22% YoY

0.37% of Ch. 04

Imports

2.25 ₹ Cr

0.0000% share

+525.00% YoY

0.62% of Ch. 04

FY 2023-24 Exp. Rank #969

Balance

+7.07

Exports

27.77 ₹ Cr

0.0008% share

+53.00% YoY

0.54% of Ch. 04

Imports

20.70 ₹ Cr

0.0004% share

+820.00% YoY

4.13% of Ch. 04

FY 2024-25 Exp. Rank #942

Balance

+38.04

Exports

38.29 ₹ Cr

0.0010% share

+37.88% YoY

0.53% of Ch. 04

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.79% YoY

0.06% of Ch. 04

CAGR · 7-Year

Exports

30.23% /yr

Imports

−41.99% /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 0403 Export-Import Analysis

Consistent Export Growth: 30.23% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 0403 have grown at a compound annual rate of 30.23% over 7 fiscal years, rising from ₹7.85 Crore in FY 2018-19 to ₹38.29 Crore in FY 2024-25.

HSN Sub-Chapter 0403 Ranked #942 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 0403 ranks #942 out of 1233 subchapters by total export value. Within Chapter 04, it ranks #8 of 10. By trade surplus, it ranks #444 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 0403 Exports

The strongest single-year export movement for HSN Sub-Chapter 0403 was recorded in FY 2023-24, when exports surged by 53.00% over the prior year.

India Maintains a Trade Surplus of ₹38.04 Crore in HSN Sub-Chapter 0403 Goods

In FY 2024-25, India's exports of ₹38.29 Cr exceeded imports of ₹0.25 Cr, resulting in a trade surplus of ₹38.04 Crore — ranking #444 of 1233 by surplus magnitude.

Import Growth of −41.99% CAGR Signals Stable Import Dependency for Yogurt, Milk & Cream

India's imports under HSN Sub-Chapter 0403 have grown at −41.99% CAGR, reaching ₹0.25 Crore in FY 2024-25.

HSN Sub-Chapter 0403 Contributes 0.53% of Chapter 04 Exports — Ranked #8

Among the 10 subchapters under Chapter 04, HSN Sub-Chapter 0403 ranks #8 by export value — accounting for 0.53% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 0403 and GST compliance.

What products are classified under HSN 0403

It includes Yogurt, Milk & Cream

Does MRP, weight or pack size change GST treatment for Yogurt, Milk & Cream?

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.

How do I bill a kit or combo that includes Yogurt, Milk & Cream?

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.

Can reverse charge ever apply to transactions involving Yogurt, Milk & Cream?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Yogurt, Milk & Cream are forward charge. Check the current notifications for any special cases before deciding.

Can I claim ITC on inputs and services used for Yogurt, Milk & Cream?

If your outward supply of Yogurt, Milk & Cream is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Any special steps when selling Yogurt, Milk & Cream through an e‑commerce platform?

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.

Does packaging or branding change how GST applies to Yogurt, Milk & Cream?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Yogurt, Milk & Cream is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

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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