Consistent Export Growth: 2.58% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0506 have grown at a compound annual rate of 2.58% over 7 fiscal years, rising from ₹86.59 Crore in FY 2018-19 to ₹100.89 Crore in FY 2024-25.
HSN Sub Chapter 0506 represents Animal byproducts under GST classification. This code helps businesses identify Animal byproducts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0506, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Animal byproducts.
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GST Rate for Animal byproducts under HSN Code 0506. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Animal byproducts.
Tariff HSN
Description
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Of wild animals
Tariff HSN
Description
Ossein and bones treated with acid : Bones, including horn-cores, crushed : Other
Tariff HSN
Description
Ossein and bones treated with acid : Bone grist : Of wild animals
Tariff HSN
Description
Ossein and bones treated with acid : Bone grist : Other
Tariff HSN
Description
Ossein and bones treated with acid : Ossein : Of wild animals
Tariff HSN
Description
Ossein and bones treated with acid : Ossein : Other
Tariff HSN
Description
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Of wild animals
Tariff HSN
Description
Ossein and bones treated with acid : Bones, horn-cones and parts thereof, not crushed : Other
Tariff HSN
Description
Other : Bone meal : Of wild animals
Tariff HSN
Description
Other : Bone meal : Other
Tariff HSN
Description
Other : Other : Of wild animals
Tariff HSN
Description
Other : Other : Other
India’s Exports
FY 2024-25₹101 Cr
0.0027% of India’s total exports
India’s Imports
FY 2024-25₹21 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25₹80 Cr
Surplus rank #402 of 1233 subchapters
% of Chapter 05
FY 2024-254.11%
Share of Chapter 05’s total exports in FY 2024-25
Import side: 5.49% of Chapter 05’s imports
Rank Within Chapter 05
FY 2024-25#3 of 9
Position by export value among subchapters in Chapter 05
Import-side rank: #4 of 9
At a glance
2.58%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#824
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+37.99%
Peak Growth Year
FY 2021-22 · strongest single-year move
4.11%
Contribution to Ch. 05
Share of Chapter 05 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
+81.26
Exports
86.59 ₹ Cr
0.0038% share
— YoY
9.33% of Ch. 05
Imports
5.33 ₹ Cr
0.0001% share
— YoY
1.72% of Ch. 05
Balance
+94.63
Exports
99.59 ₹ Cr
0.0045% share
+15.01% YoY
14.99% of Ch. 05
Imports
4.96 ₹ Cr
0.0001% share
−6.94% YoY
1.96% of Ch. 05
Balance
+78.31
Exports
84.33 ₹ Cr
0.0039% share
−15.32% YoY
11.78% of Ch. 05
Imports
6.02 ₹ Cr
0.0002% share
+21.37% YoY
2.74% of Ch. 05
Balance
+102.03
Exports
116.37 ₹ Cr
0.0037% share
+37.99% YoY
5.81% of Ch. 05
Imports
14.34 ₹ Cr
0.0003% share
+138.21% YoY
4.36% of Ch. 05
Balance
+135.36
Exports
151.18 ₹ Cr
0.0042% share
+29.91% YoY
7.23% of Ch. 05
Imports
15.82 ₹ Cr
0.0003% share
+10.32% YoY
4.18% of Ch. 05
Balance
+106.85
Exports
126.51 ₹ Cr
0.0035% share
−16.32% YoY
5.68% of Ch. 05
Imports
19.66 ₹ Cr
0.0004% share
+24.27% YoY
5.47% of Ch. 05
Balance
+80.19
Exports
100.89 ₹ Cr
0.0027% share
−20.25% YoY
4.11% of Ch. 05
Imports
20.70 ₹ Cr
0.0003% share
+5.29% YoY
5.49% of Ch. 05
CAGR · 7-Year
Exports
2.58% /yr
Imports
25.37% /yr
reference, FY 2024-25
Export
₹2,454.59 Cr
Import
₹376.72 Cr
Trade Balance
+2,077.87
India's exports under HSN Sub-Chapter 0506 have grown at a compound annual rate of 2.58% over 7 fiscal years, rising from ₹86.59 Crore in FY 2018-19 to ₹100.89 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0506 ranks #824 out of 1233 subchapters by total export value. Within Chapter 05, it ranks #3 of 9. By trade surplus, it ranks #402 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0506 was recorded in FY 2021-22, when exports surged by 37.99% over the prior year.
In FY 2024-25, India's exports of ₹100.89 Cr exceeded imports of ₹20.70 Cr, resulting in a trade surplus of ₹80.19 Crore — ranking #402 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0506 have grown at 25.37% CAGR, reaching ₹20.70 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 05, HSN Sub-Chapter 0506 ranks #3 by export value — accounting for 4.11% of the chapter's total exports in FY 2024-25. On the import side, it holds 5.49% share (rank #4).
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 0506 and GST compliance.
It includes Animal byproducts
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.
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.
If your outward supply of Animal byproducts 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.
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.
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.
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.