1603 HSN Code: Meat extracts & juices

HSN Sub Chapter 1603 represents Meat extracts & juices under GST classification. This code helps businesses identify Meat extracts & juices correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1603, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Meat extracts & juices.

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New GST Rate for HSN Code 1603

GST Rate for Meat extracts & juices under HSN Code 1603. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

16

HSN Code

1603

HSN Description

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 1603

Following tariff HSN codes fall under Meat extracts & juices.

Tariff HSN

16030010

Description

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates : Extracts and juices of meat

Tariff HSN

16030020

Description

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates : Extracts of fish

Tariff HSN

16030090

Description

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates : Other

India’s Trade Performance — HSN Sub-Chapter 1603 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 Crore

−71.43% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+52.36% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #545 of 1233 subchapters

% of Chapter 16

FY 2024-25

0.01%

Share of Chapter 16’s total exports in FY 2024-25

Import side: 4.20% of Chapter 16’s imports

Rank Within Chapter 16

FY 2024-25

#5 of 5

Position by export value among subchapters in Chapter 16

Import-side rank: #4 of 5

At a glance

−9.99%

Export CAGR

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

#1154

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+1,490.91%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.01%

Contribution to Ch. 16

Share of Chapter 16 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1603

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 #1136

Balance

−2.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Ch. 16

Imports

3.55 ₹ Cr

0.0001% share

— YoY

8.83% of Ch. 16

FY 2019-20 Exp. Rank #1059

Balance

+1.88

Exports

3.98 ₹ Cr

0.0002% share

+323.40% YoY

0.12% of Ch. 16

Imports

2.10 ₹ Cr

0.0001% share

−40.85% YoY

3.93% of Ch. 16

FY 2020-21 Exp. Rank #1018

Balance

+1.92

Exports

7.35 ₹ Cr

0.0003% share

+84.67% YoY

0.16% of Ch. 16

Imports

5.43 ₹ Cr

0.0002% share

+158.57% YoY

9.29% of Ch. 16

FY 2021-22 Exp. Rank #1087

Balance

+0.59

Exports

3.49 ₹ Cr

0.0001% share

−52.52% YoY

0.06% of Ch. 16

Imports

2.90 ₹ Cr

0.0001% share

−46.59% YoY

3.17% of Ch. 16

FY 2022-23 Exp. Rank #1180

Balance

−3.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−96.85% YoY

0.00% of Ch. 16

Imports

4.05 ₹ Cr

0.0001% share

+39.66% YoY

7.09% of Ch. 16

FY 2023-24 Exp. Rank #1128

Balance

−0.16

Exports

1.75 ₹ Cr

0.0000% share

+1,490.91% YoY

0.03% of Ch. 16

Imports

1.91 ₹ Cr

0.0000% share

−52.84% YoY

2.46% of Ch. 16

FY 2024-25 Exp. Rank #1154

Balance

−2.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.43% YoY

0.01% of Ch. 16

Imports

2.91 ₹ Cr

0.0000% share

+52.36% YoY

4.20% of Ch. 16

CAGR · 7-Year

Exports

−9.99% /yr

Imports

−3.26% /yr

Consistently Deficit
Chapter 16 total

reference, FY 2024-25

Export

₹6,685.64 Cr

Import

₹69.24 Cr

Trade Balance

+6,616.40

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

Key Trade Insights: HSN Sub-Chapter 1603 Export-Import Analysis

Export Decline: −9.99% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1603 have declined at a compound annual rate of −9.99% over 7 fiscal years, falling from ₹0.94 Crore in FY 2018-19 to ₹0.50 Crore in FY 2024-25.

HSN Sub-Chapter 1603 Ranked #1154 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1603 ranks #1154 out of 1233 subchapters by total export value. Within Chapter 16, it ranks #5 of 5. By trade surplus, it ranks #545 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 1603 Exports

The strongest single-year export movement for HSN Sub-Chapter 1603 was recorded in FY 2023-24, when exports surged by 1,490.91% over the prior year.

India Records a Trade Deficit of ₹2.41 Crore in HSN Sub-Chapter 1603 Goods

In FY 2024-25, India's imports of ₹2.91 Cr exceeded exports of ₹0.50 Cr, resulting in a trade deficit of ₹2.41 Crore — ranking #545 of 1233 by surplus magnitude.

Import Growth of −3.26% CAGR Signals Stable Import Dependency for Meat extracts & juices

India's imports under HSN Sub-Chapter 1603 have grown at −3.26% CAGR, reaching ₹2.91 Crore in FY 2024-25.

HSN Sub-Chapter 1603 Contributes 0.01% of Chapter 16 Exports — Ranked #5

Among the 5 subchapters under Chapter 16, HSN Sub-Chapter 1603 ranks #5 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.20% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1603 and GST compliance.

What products are classified under HSN 1603

It includes Meat extracts & juices

What are the e‑way bill and e‑invoice points while moving Meat extracts & juices?

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.

Any import/export nuance for Meat extracts & juices?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Can reverse charge ever apply to transactions involving Meat extracts & juices?

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

Can I claim ITC on inputs and services used for Meat extracts & juices?

If your outward supply of Meat extracts & juices is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Any special steps when selling Meat extracts & juices through an e‑commerce platform?

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.

If I repair and return Meat extracts & juices, how should I charge GST?

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.

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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