Export Decline: −9.88% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0404 have declined at a compound annual rate of −9.88% over 7 fiscal years, falling from ₹32.67 Crore in FY 2018-19 to ₹17.50 Crore in FY 2024-25.
HSN Sub Chapter 0404 represents Whey & milk products, sweetened under GST classification. This code helps businesses identify Whey & milk products, sweetened correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0404, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Whey & milk products, sweetened.
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GST Rate for Whey & milk products, sweetened under HSN Code 0404. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
04HSN Code
HSN Description
Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Whey & milk products, sweetened.
Tariff HSN
Description
Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter :Whey, concentrated, evaporated or condensed, liquid or semi-solid
Tariff HSN
Description
Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter :Whey, dry, blocks and powdered
Tariff HSN
Description
Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter:Other
Tariff HSN
Description
other
India’s Exports
FY 2024-25₹18 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹208 Cr
0.0034% of India’s total imports
Trade Balance
FY 2024-25−₹191 Cr
Surplus rank #774 of 1233 subchapters
% of Chapter 04
FY 2024-250.24%
Share of Chapter 04’s total exports in FY 2024-25
Import side: 53.82% of Chapter 04’s imports
Rank Within Chapter 04
FY 2024-25#9 of 10
Position by export value among subchapters in Chapter 04
Import-side rank: #1 of 10
At a glance
−9.88%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1011
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+65.25%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.24%
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
−52.90
Exports
32.67 ₹ Cr
0.0014% share
— YoY
0.87% of Ch. 04
Imports
85.57 ₹ Cr
0.0024% share
— YoY
37.42% of Ch. 04
Balance
−116.45
Exports
5.85 ₹ Cr
0.0003% share
−82.09% YoY
0.23% of Ch. 04
Imports
122.30 ₹ Cr
0.0036% share
+42.92% YoY
45.87% of Ch. 04
Balance
−155.82
Exports
4.62 ₹ Cr
0.0002% share
−21.03% YoY
0.18% of Ch. 04
Imports
160.44 ₹ Cr
0.0055% share
+31.19% YoY
64.50% of Ch. 04
Balance
−113.74
Exports
5.62 ₹ Cr
0.0002% share
+21.65% YoY
0.12% of Ch. 04
Imports
119.36 ₹ Cr
0.0026% share
−25.60% YoY
53.12% of Ch. 04
Balance
−180.77
Exports
6.95 ₹ Cr
0.0002% share
+23.67% YoY
0.14% of Ch. 04
Imports
187.72 ₹ Cr
0.0033% share
+57.27% YoY
51.53% of Ch. 04
Balance
−262.24
Exports
10.59 ₹ Cr
0.0003% share
+52.37% YoY
0.20% of Ch. 04
Imports
272.83 ₹ Cr
0.0049% share
+45.34% YoY
54.47% of Ch. 04
Balance
−190.83
Exports
17.50 ₹ Cr
0.0005% share
+65.25% YoY
0.24% of Ch. 04
Imports
208.33 ₹ Cr
0.0034% share
−23.64% YoY
53.82% of Ch. 04
CAGR · 7-Year
Exports
−9.88% /yr
Imports
15.99% /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 0404 have declined at a compound annual rate of −9.88% over 7 fiscal years, falling from ₹32.67 Crore in FY 2018-19 to ₹17.50 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0404 ranks #1011 out of 1233 subchapters by total export value. Within Chapter 04, it ranks #9 of 10. By trade surplus, it ranks #774 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0404 was recorded in FY 2024-25, when exports surged by 65.25% over the prior year.
In FY 2024-25, India's imports of ₹208.33 Cr exceeded exports of ₹17.50 Cr, resulting in a trade deficit of ₹190.83 Crore — ranking #774 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0404 have grown at 15.99% CAGR, reaching ₹208.33 Crore in FY 2024-25.
Among the 10 subchapters under Chapter 04, HSN Sub-Chapter 0404 ranks #9 by export value — accounting for 0.24% of the chapter's total exports in FY 2024-25. On the import side, it holds 53.82% share (rank #1).
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 0404 and GST compliance.
It includes Whey & milk products, sweetened
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Whey & milk products, sweetened 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.
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.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.