Consistent Export Growth: 9.45% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0508 have grown at a compound annual rate of 9.45% over 7 fiscal years, rising from ₹19.89 Crore in FY 2018-19 to ₹34.19 Crore in FY 2024-25.
HSN Sub Chapter 0508 represents Coral, shells & cuttle-bone, powder under GST classification. This code helps businesses identify Coral, shells & cuttle-bone, powder correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0508, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Coral, shells & cuttle-bone, powder.
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GST Rate for Coral, shells & cuttle-bone, powder under HSN Code 0508. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
05HSN Code
HSN Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Coral, shells & cuttle-bone, powder.
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Coral
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Chanks
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Cowries
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Cuttlefish bones
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Shells
Tariff HSN
Description
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof : Other
India’s Exports
FY 2024-25₹34 Cr
0.0009% of India’s total exports
India’s Imports
FY 2024-25₹56 Cr
0.0009% of India’s total imports
Trade Balance
FY 2024-25−₹22 Cr
Surplus rank #624 of 1233 subchapters
% of Chapter 05
FY 2024-251.39%
Share of Chapter 05’s total exports in FY 2024-25
Import side: 14.80% of Chapter 05’s imports
Rank Within Chapter 05
FY 2024-25#6 of 9
Position by export value among subchapters in Chapter 05
Import-side rank: #3 of 9
At a glance
9.45%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#954
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+36.85%
Peak Growth Year
FY 2019-20 · strongest single-year move
1.39%
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
−24.85
Exports
19.89 ₹ Cr
0.0009% share
— YoY
2.14% of Ch. 05
Imports
44.74 ₹ Cr
0.0012% share
— YoY
14.45% of Ch. 05
Balance
−6.24
Exports
27.22 ₹ Cr
0.0012% share
+36.85% YoY
4.10% of Ch. 05
Imports
33.46 ₹ Cr
0.0010% share
−25.21% YoY
13.22% of Ch. 05
Balance
+14.48
Exports
34.62 ₹ Cr
0.0016% share
+27.19% YoY
4.83% of Ch. 05
Imports
20.14 ₹ Cr
0.0007% share
−39.81% YoY
9.16% of Ch. 05
Balance
+5.06
Exports
39.08 ₹ Cr
0.0012% share
+12.88% YoY
1.95% of Ch. 05
Imports
34.02 ₹ Cr
0.0007% share
+68.92% YoY
10.34% of Ch. 05
Balance
−4.56
Exports
39.67 ₹ Cr
0.0011% share
+1.51% YoY
1.90% of Ch. 05
Imports
44.23 ₹ Cr
0.0008% share
+30.01% YoY
11.69% of Ch. 05
Balance
−8.52
Exports
41.54 ₹ Cr
0.0011% share
+4.71% YoY
1.87% of Ch. 05
Imports
50.06 ₹ Cr
0.0009% share
+13.18% YoY
13.93% of Ch. 05
Balance
−21.55
Exports
34.19 ₹ Cr
0.0009% share
−17.69% YoY
1.39% of Ch. 05
Imports
55.74 ₹ Cr
0.0009% share
+11.35% YoY
14.80% of Ch. 05
CAGR · 7-Year
Exports
9.45% /yr
Imports
3.73% /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 0508 have grown at a compound annual rate of 9.45% over 7 fiscal years, rising from ₹19.89 Crore in FY 2018-19 to ₹34.19 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0508 ranks #954 out of 1233 subchapters by total export value. Within Chapter 05, it ranks #6 of 9. By trade surplus, it ranks #624 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0508 was recorded in FY 2019-20, when exports surged by 36.85% over the prior year.
In FY 2024-25, India's imports of ₹55.74 Cr exceeded exports of ₹34.19 Cr, resulting in a trade deficit of ₹21.55 Crore — ranking #624 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0508 have grown at 3.73% CAGR, reaching ₹55.74 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 05, HSN Sub-Chapter 0508 ranks #6 by export value — accounting for 1.39% of the chapter's total exports in FY 2024-25. On the import side, it holds 14.80% share (rank #3).
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 0508 and GST compliance.
It includes Coral, shells & cuttle-bone, powder
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Coral, shells & cuttle-bone, powder 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.
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.
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.
Use a delivery challan for sending Coral, shells & cuttle-bone, powder 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.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.