---
title: "2003 HSN Code | HSN Code for Prepared mushrooms & truffles in India"
description: "Know more about 2003 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2003 covering Prepared mushrooms & truffles."
canonical: "https://busy.in/hsn/sub-chapter-2003/"
---

# HSN Sub-chapter 2003: Prepared mushrooms & truffles

Mushrooms and truffles, prepared or preserved otherwise than by vinegar or acetic acid

Part of [Chapter 20: Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants](https://busy.in/hsn/chapter-20/).

- Current GST rate: 5%
- Earlier GST rate: 12%

## HSN codes

| Code | Title |
| --- | --- |
| 20031000 | [Mushrooms Of The Genus Agaricus](https://busy.in/hsn/hsn-20031000/) |
| 20039010 | [Other \| Truffles](https://busy.in/hsn/hsn-20039010/) |
| 20039090 | [Prepared Mushrooms & Truffles](https://busy.in/hsn/hsn-20039090/) |

## Frequently asked questions

### What products are classified under HSN 2003

It includes Prepared mushrooms & truffles

### Does packaging or branding change how GST applies to Prepared mushrooms & truffles?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Prepared mushrooms & truffles 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.

### Can I claim ITC on inputs and services used for Prepared mushrooms & truffles?

If your outward supply of Prepared mushrooms & truffles 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.

### How are warranty replacements of Prepared mushrooms & truffles handled?

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.

### Can reverse charge ever apply to transactions involving Prepared mushrooms & truffles?

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

### How should I document Prepared mushrooms & truffles sent for job work?

Use a delivery challan for sending Prepared mushrooms & truffles 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.

## India's trade performance: HSN Sub-Chapter 2003 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (+50.54% YoY) — 0.0000% of India's total exports
- Imports: ₹12 Cr (+31.36% YoY) — 0.0002% of India's total imports
- Trade balance: −₹11 Cr (Deficit); surplus rank #590 of 1233 sub-chapters
- Share of Chapter 20: 0.01% of its exports; import side 0.82%
- Rank within Chapter 20: #9 of 9 by export value; import-side #7

### Key metrics

- Export CAGR: 45.10% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1135 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +653.57% in FY 2021-22
- Contribution to Ch. 20: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 2003

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

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 20 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 20 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.00% | 3.42 | 0.0001% | — | 0.42% | −3.27 | #1180 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −53.33% | 0.00% | 3.17 | 0.0001% | −7.31% | 0.40% | −3.10 | #1179 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +300.00% | 0.01% | 2.78 | 0.0001% | −12.30% | 0.43% | −2.50 | #1155 |
| FY 2021-22 | 2.11 | 0.0001% | +653.57% | 0.04% | 5.80 | 0.0001% | +108.63% | 0.58% | −3.69 | #1107 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −92.42% | 0.00% | 9.14 | 0.0002% | +57.59% | 0.76% | −8.98 | #1173 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +481.25% | 0.01% | 9.44 | 0.0002% | +3.28% | 0.81% | −8.51 | #1151 |
| FY 2024-25 | 1.40 | 0.0000% | +50.54% | 0.01% | 12.40 | 0.0002% | +31.36% | 0.82% | −11.00 | #1135 |

- CAGR (7-year): exports 45.10%/yr, imports 23.95%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 2003 export-import analysis

### Consistent export growth: 45.10% CAGR over 7 years

India's exports under HSN Sub-Chapter 2003 have grown at a compound annual rate of 45.10% over 7 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹1.40 Crore in FY 2024-25.

### HSN Sub-Chapter 2003 ranked #1135 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 2003 ranks #1135 out of 1233 sub-chapters by total export value. Within Chapter 20, it ranks #9 of 9. By trade surplus, it ranks #590 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 2003 exports

The strongest single-year export movement for HSN Sub-Chapter 2003 was recorded in FY 2021-22, when exports surged by 653.57% over the prior year.

### India records a trade deficit of ₹11.00 Crore in HSN Sub-Chapter 2003 goods

In FY 2024-25, India's imports of ₹12.40 Cr exceeded exports of ₹1.40 Cr, resulting in a trade deficit of ₹11.00 Crore — ranking #590 of 1233 by surplus magnitude.

### Import growth of 23.95% CAGR signals rising demand for Prepared mushrooms & truffles

India's imports under HSN Sub-Chapter 2003 have grown at 23.95% CAGR, reaching ₹12.40 Crore in FY 2024-25.

### HSN Sub-Chapter 2003 contributes 0.01% of Chapter 20 exports — ranked #9

Among the 9 sub-chapters under Chapter 20, HSN Sub-Chapter 2003 ranks #9 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.82% share (rank #7).

## Related Sub-Chapters in Chapter 20

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 2008: Preserved fruit, nuts & plant parts](https://busy.in/hsn/sub-chapter-2008/) | ₹3,489 Cr |
| #2 | [HSN Sub-Chapter 2001: Pickled vegetables & fruits](https://busy.in/hsn/sub-chapter-2001/) | ₹2,539 Cr |
| #3 | [HSN Sub-Chapter 2004: Frozen preserved vegetables](https://busy.in/hsn/sub-chapter-2004/) | ₹2,354 Cr |
| #4 | [HSN Sub-Chapter 2007: Jams and fruit preserves](https://busy.in/hsn/sub-chapter-2007/) | ₹1,122 Cr |
| #5 | [HSN Sub-Chapter 2005: Vegetables in Preservation](https://busy.in/hsn/sub-chapter-2005/) | ₹472 Cr |
| #6 | [HSN Sub-Chapter 2009: Fruit/veg juices with sweeteners added](https://busy.in/hsn/sub-chapter-2009/) | ₹266 Cr |
| #7 | [HSN Sub-Chapter 2002: Prepared tomatoes](https://busy.in/hsn/sub-chapter-2002/) | ₹70 Cr |
| #8 | [HSN Sub-Chapter 2006: Preserved vegetables & fruits](https://busy.in/hsn/sub-chapter-2006/) | ₹46 Cr |
| #9 | HSN Sub-Chapter 2003: Prepared mushrooms & truffles (this hsn sub-chapter) | ₹1 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 2001 | [Pickled vegetables & fruits](https://busy.in/hsn/sub-chapter-2001/) |
| 2002 | [Prepared tomatoes](https://busy.in/hsn/sub-chapter-2002/) |
| 2004 | [Frozen preserved vegetables](https://busy.in/hsn/sub-chapter-2004/) |
| 2005 | [Vegetables in Preservation](https://busy.in/hsn/sub-chapter-2005/) |
| 2006 | [Preserved vegetables & fruits](https://busy.in/hsn/sub-chapter-2006/) |
| 2007 | [Jams and fruit preserves](https://busy.in/hsn/sub-chapter-2007/) |
| 2008 | [Preserved fruit, nuts & plant parts](https://busy.in/hsn/sub-chapter-2008/) |
| 2009 | [Fruit/veg juices with sweeteners added](https://busy.in/hsn/sub-chapter-2009/) |