Consistent Export Growth: 40.57% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 0803 have grown at a compound annual rate of 40.57% over 7 fiscal years, rising from ₹418.22 Crore in FY 2018-19 to ₹3,226.15 Crore in FY 2024-25.
HSN Sub Chapter 0803 represents Bananas, plantains under GST classification. This code helps businesses identify Bananas, plantains correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 0803, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Bananas, plantains.
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GST Rate for Bananas, plantains under HSN Code 0803. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Bananas, plantains.
India’s Exports
FY 2024-25₹3,226 Cr
0.0871% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹3,226 Cr
Surplus rank #96 of 1233 subchapters
% of Chapter 08
FY 2024-2522.38%
Share of Chapter 08’s total exports in FY 2024-25
Import side: 0.00% of Chapter 08’s imports
Rank Within Chapter 08
FY 2024-25#3 of 14
Position by export value among subchapters in Chapter 08
At a glance
40.57%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#191
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+70.49%
Peak Growth Year
FY 2023-24 · strongest single-year move
22.38%
Contribution to Ch. 08
Share of Chapter 08 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
—
Exports
418.22 ₹ Cr
0.0182% share
— YoY
3.70% of Ch. 08
Imports
— ₹ Cr
— share
— YoY
— of Ch. 08
Balance
+662.63
Exports
662.72 ₹ Cr
0.0300% share
+58.46% YoY
6.25% of Ch. 08
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 08
Balance
+752.70
Exports
752.70 ₹ Cr
0.0350% share
+13.58% YoY
7.53% of Ch. 08
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 08
Balance
—
Exports
1,198.37 ₹ Cr
0.0382% share
+59.21% YoY
10.44% of Ch. 08
Imports
— ₹ Cr
— share
— YoY
— of Ch. 08
Balance
—
Exports
1,425.72 ₹ Cr
0.0394% share
+18.97% YoY
12.25% of Ch. 08
Imports
— ₹ Cr
— share
— YoY
— of Ch. 08
Balance
+2,430.78
Exports
2,430.78 ₹ Cr
0.0672% share
+70.49% YoY
17.93% of Ch. 08
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 08
Balance
+3,226.15
Exports
3,226.15 ₹ Cr
0.0871% share
+32.72% YoY
22.38% of Ch. 08
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 08
CAGR · 7-Year
Exports
40.57% /yr
Imports
—
reference, FY 2024-25
Export
₹14,414.02 Cr
Import
₹40,096.29 Cr
Trade Balance
−25,682.27
India's exports under HSN Sub-Chapter 0803 have grown at a compound annual rate of 40.57% over 7 fiscal years, rising from ₹418.22 Crore in FY 2018-19 to ₹3,226.15 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 0803 ranks #191 out of 1233 subchapters by total export value. Within Chapter 08, it ranks #3 of 14. By trade surplus, it ranks #96 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 0803 was recorded in FY 2023-24, when exports surged by 70.49% over the prior year.
In FY 2024-25, India's exports of ₹3,226.15 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹3,226.15 Crore — ranking #96 of 1233 by surplus magnitude.
Among the 14 subchapters under Chapter 08, HSN Sub-Chapter 0803 ranks #3 by export value — accounting for 22.38% 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 0803 and GST compliance.
It includes Bananas, plantains
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Bananas, plantains 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.
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.