Export Decline: −0.25% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0510 have declined at a compound annual rate of −0.25% over 7 fiscal years, falling from ₹45.10 Crore in FY 2018-19 to ₹44.43 Crore in FY 2024-25.
HSN Sub Chapter 0510 represents Ambergris for pharmaceuticals under GST classification. This code helps businesses identify Ambergris for pharmaceuticals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0510, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ambergris for pharmaceuticals.
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GST Rate for Ambergris for pharmaceuticals under HSN Code 0510. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
05HSN Code
HSN Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Ambergris for pharmaceuticals.
Tariff HSN
Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved : Bezoar, cow (goolochan)
Tariff HSN
Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved : Ox Gallstone
Tariff HSN
Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved : Placenta, frozen
Tariff HSN
Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved : Other : Of wild animals
Tariff HSN
Description
Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved : Other : Other
India’s Exports
FY 2024-25₹44 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹67 Cr
0.0011% of India’s total imports
Trade Balance
FY 2024-25−₹23 Cr
Surplus rank #629 of 1233 subchapters
% of Chapter 05
FY 2024-251.81%
Share of Chapter 05’s total exports in FY 2024-25
Import side: 17.89% of Chapter 05’s imports
Rank Within Chapter 05
FY 2024-25#5 of 9
Position by export value among subchapters in Chapter 05
Import-side rank: #2 of 9
At a glance
−0.25%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#925
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+132.45%
Peak Growth Year
FY 2023-24 · strongest single-year move
1.81%
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
+37.62
Exports
45.10 ₹ Cr
0.0020% share
— YoY
4.86% of Ch. 05
Imports
7.48 ₹ Cr
0.0002% share
— YoY
2.42% of Ch. 05
Balance
−1.78
Exports
26.78 ₹ Cr
0.0012% share
−40.62% YoY
4.03% of Ch. 05
Imports
28.56 ₹ Cr
0.0009% share
+281.82% YoY
11.29% of Ch. 05
Balance
−2.52
Exports
18.46 ₹ Cr
0.0009% share
−31.07% YoY
2.58% of Ch. 05
Imports
20.98 ₹ Cr
0.0007% share
−26.54% YoY
9.55% of Ch. 05
Balance
−24.94
Exports
13.25 ₹ Cr
0.0004% share
−28.22% YoY
0.66% of Ch. 05
Imports
38.19 ₹ Cr
0.0008% share
+82.03% YoY
11.60% of Ch. 05
Balance
−84.07
Exports
16.21 ₹ Cr
0.0004% share
+22.34% YoY
0.77% of Ch. 05
Imports
100.28 ₹ Cr
0.0017% share
+162.58% YoY
26.49% of Ch. 05
Balance
−70.22
Exports
37.68 ₹ Cr
0.0010% share
+132.45% YoY
1.69% of Ch. 05
Imports
107.90 ₹ Cr
0.0019% share
+7.60% YoY
30.03% of Ch. 05
Balance
−22.96
Exports
44.43 ₹ Cr
0.0012% share
+17.91% YoY
1.81% of Ch. 05
Imports
67.39 ₹ Cr
0.0011% share
−37.54% YoY
17.89% of Ch. 05
CAGR · 7-Year
Exports
−0.25% /yr
Imports
44.25% /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 0510 have declined at a compound annual rate of −0.25% over 7 fiscal years, falling from ₹45.10 Crore in FY 2018-19 to ₹44.43 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0510 ranks #925 out of 1233 subchapters by total export value. Within Chapter 05, it ranks #5 of 9. By trade surplus, it ranks #629 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0510 was recorded in FY 2023-24, when exports surged by 132.45% over the prior year.
In FY 2024-25, India's imports of ₹67.39 Cr exceeded exports of ₹44.43 Cr, resulting in a trade deficit of ₹22.96 Crore — ranking #629 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 0510 have grown at 44.25% CAGR, reaching ₹67.39 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 05, HSN Sub-Chapter 0510 ranks #5 by export value — accounting for 1.81% of the chapter's total exports in FY 2024-25. On the import side, it holds 17.89% share (rank #2).
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 0510 and GST compliance.
It includes Ambergris for pharmaceuticals
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Ambergris for pharmaceuticals 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.
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.
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.