Consistent Export Growth: 9.96% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0507 have grown at a compound annual rate of 9.96% over 7 fiscal years, rising from ₹33.05 Crore in FY 2018-19 to ₹58.41 Crore in FY 2024-25.
HSN Sub Chapter 0507 represents Unworked ivory, horn, or beaks under GST classification. This code helps businesses identify Unworked ivory, horn, or beaks correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0507, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unworked ivory, horn, or beaks.
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GST Rate for Unworked ivory, horn, or beaks under HSN Code 0507. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Unworked ivory, horn, or beaks.
Tariff HSN
Description
Ivory; ivory powder and waste : Ivory
Tariff HSN
Description
Ivory; ivory powder and waste : ivory powder and waste
Tariff HSN
Description
Other : Hoof meal
Tariff HSN
Description
Other : Horn meal
Tariff HSN
Description
Other : Hooves, claws, nails and beaks
Tariff HSN
Description
Other : Antlers
Tariff HSN
Description
Other : Buffalo horns
Tariff HSN
Description
Other : Tortoise-shell
Tariff HSN
Description
Other : Claws and waste of tortoise shell
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹58 Cr
0.0016% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹58 Cr
Surplus rank #426 of 1233 subchapters
% of Chapter 05
FY 2024-252.38%
Share of Chapter 05’s total exports in FY 2024-25
Import side: 0.00% of Chapter 05’s imports
Rank Within Chapter 05
FY 2024-25#4 of 9
Position by export value among subchapters in Chapter 05
At a glance
9.96%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#894
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+30.86%
Peak Growth Year
FY 2020-21 · strongest single-year move
2.38%
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
+32.44
Exports
33.05 ₹ Cr
0.0014% share
— YoY
3.56% of Ch. 05
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.20% of Ch. 05
Balance
+30.87
Exports
31.72 ₹ Cr
0.0014% share
−4.02% YoY
4.77% of Ch. 05
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+39.34% YoY
0.34% of Ch. 05
Balance
+40.77
Exports
41.51 ₹ Cr
0.0019% share
+30.86% YoY
5.80% of Ch. 05
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−12.94% YoY
0.34% of Ch. 05
Balance
+52.32
Exports
54.06 ₹ Cr
0.0017% share
+30.23% YoY
2.70% of Ch. 05
Imports
1.74 ₹ Cr
0.0000% share
+135.14% YoY
0.53% of Ch. 05
Balance
+64.49
Exports
66.74 ₹ Cr
0.0018% share
+23.46% YoY
3.19% of Ch. 05
Imports
2.25 ₹ Cr
0.0000% share
+29.31% YoY
0.59% of Ch. 05
Balance
+74.34
Exports
76.96 ₹ Cr
0.0021% share
+15.31% YoY
3.46% of Ch. 05
Imports
2.62 ₹ Cr
0.0000% share
+16.44% YoY
0.73% of Ch. 05
Balance
+58.41
Exports
58.41 ₹ Cr
0.0016% share
−24.10% YoY
2.38% of Ch. 05
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 05
CAGR · 7-Year
Exports
9.96% /yr
Imports
—
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 0507 have grown at a compound annual rate of 9.96% over 7 fiscal years, rising from ₹33.05 Crore in FY 2018-19 to ₹58.41 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0507 ranks #894 out of 1233 subchapters by total export value. Within Chapter 05, it ranks #4 of 9. By trade surplus, it ranks #426 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0507 was recorded in FY 2020-21, when exports surged by 30.86% over the prior year.
In FY 2024-25, India's exports of ₹58.41 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹58.41 Crore — ranking #426 of 1233 by surplus magnitude.
Among the 9 subchapters under Chapter 05, HSN Sub-Chapter 0507 ranks #4 by export value — accounting for 2.38% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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 0507 and GST compliance.
It includes Unworked ivory, horn, or beaks
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.
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.
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.
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.