1006 HSN Code: Rice

HSN Sub Chapter 1006 represents Rice under GST classification. This code helps businesses identify Rice correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1006, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rice.

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New GST Rate for HSN Code 1006

GST Rate for Rice under HSN Code 1006. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

10

HSN Code

HSN Description

Rice

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1006

Following tariff HSN codes fall under Rice.

Tariff HSN

Description

Rice in the husk (paddy or rough): Of seed quality .

Tariff HSN

Description

Rice in the husk (paddy or rough): Other . (other than pre-packaged and labelled)

Tariff HSN

Description

Rice in the husk (paddy or rough): Other .

Tariff HSN

Description

Husked (brown) rice . (other than pre-packaged and labelled)

Tariff HSN

Description

Husked (brown) rice .

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Rice, parboiled . (other than pre-packaged and labelled)

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Rice, parboiled .

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Basmati rice . (other than pre-packaged and labelled)

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Basmati rice .

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Other . (other than pre-packaged and labelled)

Tariff HSN

Description

Semi-milled or wholly-milled rice, whether or not polished or glazed : Other .

Tariff HSN

Description

Broken rice . (other than pre-packaged and labelled)

Tariff HSN

Description

Broken rice .

India’s Trade Performance — HSN Sub-Chapter 1006 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1,05,722 Cr

+22.66% vs FY 2023-24

2.8547% of India’s total exports

India’s Imports

FY 2024-25

₹55 Cr

+50.45% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

₹1,05,668 Cr

Trade Surplus

Surplus rank #3 of 1233 subchapters

% of Chapter 10

FY 2024-25

97.80%

Share of Chapter 10’s total exports in FY 2024-25

Import side: 1.64% of Chapter 10’s imports

Rank Within Chapter 10

FY 2024-25

#1 of 8

Position by export value among subchapters in Chapter 10

Import-side rank: #5 of 8

At a glance

11.86%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#6

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+43.98%

Peak Growth Year

FY 2020-21 · strongest single-year move

97.80%

Contribution to Ch. 10

Share of Chapter 10 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1006

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5

Balance

+53,943.33

Exports

53,975.47 ₹ Cr

2.3515% share

YoY

94.98% of Ch. 10

Imports

32.14 ₹ Cr

0.0009% share

YoY

6.30% of Ch. 10

FY 2019-20 Exp. Rank #6

Balance

+45,347.91

Exports

45,426.66 ₹ Cr

2.0567% share

−15.84% YoY

95.97% of Ch. 10

Imports

78.75 ₹ Cr

0.0023% share

+145.02% YoY

6.03% of Ch. 10

FY 2020-21 Exp. Rank #4

Balance

+65,380.06

Exports

65,404.73 ₹ Cr

3.0409% share

+43.98% YoY

87.46% of Ch. 10

Imports

24.67 ₹ Cr

0.0008% share

−68.67% YoY

6.91% of Ch. 10

FY 2021-22 Exp. Rank #5

Balance

+72,065.84

Exports

72,115.64 ₹ Cr

2.2979% share

+10.26% YoY

75.06% of Ch. 10

Imports

49.80 ₹ Cr

0.0011% share

+101.86% YoY

11.85% of Ch. 10

FY 2022-23 Exp. Rank #6

Balance

+89,578.11

Exports

89,622.10 ₹ Cr

2.4753% share

+24.28% YoY

80.68% of Ch. 10

Imports

43.99 ₹ Cr

0.0008% share

−11.67% YoY

3.55% of Ch. 10

FY 2023-24 Exp. Rank #6

Balance

+86,157.19

Exports

86,193.66 ₹ Cr

2.3823% share

−3.83% YoY

94.76% of Ch. 10

Imports

36.47 ₹ Cr

0.0006% share

−17.09% YoY

3.31% of Ch. 10

FY 2024-25 Exp. Rank #6

Balance

+1,05,667.56

Exports

1,05,722.43 ₹ Cr

2.8547% share

+22.66% YoY

97.80% of Ch. 10

Imports

54.87 ₹ Cr

0.0009% share

+50.45% YoY

1.64% of Ch. 10

CAGR · 7-Year

Exports

11.86% /yr

Imports

9.32% /yr

Consistently Surplus
Chapter 10 total

reference, FY 2024-25

Export

₹1,08,096.06 Cr

Import

₹3,345.29 Cr

Trade Balance

+1,04,750.77

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 1006 Export-Import Analysis

Consistent Export Growth: 11.86% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1006 have grown at a compound annual rate of 11.86% over 7 fiscal years, rising from ₹53,975.47 Crore in FY 2018-19 to ₹1,05,722.43 Crore in FY 2024-25.

HSN Sub-Chapter 1006 Ranked #6 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1006 ranks #6 out of 1233 subchapters by total export value. Within Chapter 10, it ranks #1 of 8. By trade surplus, it ranks #3 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 1006 Exports

The strongest single-year export movement for HSN Sub-Chapter 1006 was recorded in FY 2020-21, when exports surged by 43.98% over the prior year.

India Maintains a Trade Surplus of ₹1,05,667.56 Crore in HSN Sub-Chapter 1006 Goods

In FY 2024-25, India's exports of ₹1,05,722.43 Cr exceeded imports of ₹54.87 Cr, resulting in a trade surplus of ₹1,05,667.56 Crore — ranking #3 of 1233 by surplus magnitude.

Import Growth of 9.32% CAGR Signals Stable Import Dependency for Rice

India's imports under HSN Sub-Chapter 1006 have grown at 9.32% CAGR, reaching ₹54.87 Crore in FY 2024-25.

HSN Sub-Chapter 1006 Contributes 97.80% of Chapter 10 Exports — Ranked #1

Among the 8 subchapters under Chapter 10, HSN Sub-Chapter 1006 ranks #1 by export value — accounting for 97.80% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.64% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1006 and GST compliance.

What products are classified under HSN 1006

It includes Rice

What misclassification mistakes happen with Rice?

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.

Is the composition scheme suitable if I mainly trade Rice?

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.

Can reverse charge ever apply to transactions involving Rice?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Rice are forward charge. Check the current notifications for any special cases before deciding.

How should I document Rice sent for job work?

Use a delivery challan for sending Rice 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.

Do spares or accessories of Rice follow the same HSN?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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