Consistent Export Growth: 39.65% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2004 have grown at a compound annual rate of 39.65% over 7 fiscal years, rising from ₹317.44 Crore in FY 2018-19 to ₹2,354.38 Crore in FY 2024-25.
HSN Sub Chapter 2004 represents Frozen preserved vegetables under GST classification. This code helps businesses identify Frozen preserved vegetables correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2004, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Frozen preserved vegetables.
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GST Rate for Frozen preserved vegetables under HSN Code 2004. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Frozen preserved vegetables.
India’s Exports
FY 2024-25₹2,354 Cr
0.0636% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹2,347 Cr
Surplus rank #119 of 1233 subchapters
% of Chapter 20
FY 2024-2522.73%
Share of Chapter 20’s total exports in FY 2024-25
Import side: 0.51% of Chapter 20’s imports
Rank Within Chapter 20
FY 2024-25#3 of 9
Position by export value among subchapters in Chapter 20
Import-side rank: #9 of 9
At a glance
39.65%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#241
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+79.40%
Peak Growth Year
FY 2022-23 · strongest single-year move
22.73%
Contribution to Ch. 20
Share of Chapter 20 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
+311.22
Exports
317.44 ₹ Cr
0.0138% share
— YoY
7.70% of Ch. 20
Imports
6.22 ₹ Cr
0.0002% share
— YoY
0.76% of Ch. 20
Balance
+426.51
Exports
431.51 ₹ Cr
0.0195% share
+35.93% YoY
9.75% of Ch. 20
Imports
5.00 ₹ Cr
0.0001% share
−19.61% YoY
0.63% of Ch. 20
Balance
+588.87
Exports
592.12 ₹ Cr
0.0275% share
+37.22% YoY
11.38% of Ch. 20
Imports
3.25 ₹ Cr
0.0001% share
−35.00% YoY
0.50% of Ch. 20
Balance
+755.12
Exports
759.73 ₹ Cr
0.0242% share
+28.31% YoY
13.55% of Ch. 20
Imports
4.61 ₹ Cr
0.0001% share
+41.85% YoY
0.46% of Ch. 20
Balance
+1,357.56
Exports
1,362.92 ₹ Cr
0.0376% share
+79.40% YoY
18.11% of Ch. 20
Imports
5.36 ₹ Cr
0.0001% share
+16.27% YoY
0.45% of Ch. 20
Balance
+2,016.62
Exports
2,020.68 ₹ Cr
0.0558% share
+48.26% YoY
21.11% of Ch. 20
Imports
4.06 ₹ Cr
0.0001% share
−24.25% YoY
0.35% of Ch. 20
Balance
+2,346.64
Exports
2,354.38 ₹ Cr
0.0636% share
+16.51% YoY
22.73% of Ch. 20
Imports
7.74 ₹ Cr
0.0001% share
+90.64% YoY
0.51% of Ch. 20
CAGR · 7-Year
Exports
39.65% /yr
Imports
3.71% /yr
reference, FY 2024-25
Export
₹10,359.29 Cr
Import
₹1,504.98 Cr
Trade Balance
+8,854.31
India's exports under HSN Sub-Chapter 2004 have grown at a compound annual rate of 39.65% over 7 fiscal years, rising from ₹317.44 Crore in FY 2018-19 to ₹2,354.38 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2004 ranks #241 out of 1233 subchapters by total export value. Within Chapter 20, it ranks #3 of 9. By trade surplus, it ranks #119 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2004 was recorded in FY 2022-23, when exports surged by 79.40% over the prior year.
In FY 2024-25, India's exports of ₹2,354.38 Cr exceeded imports of ₹7.74 Cr, resulting in a trade surplus of ₹2,346.64 Crore — ranking #119 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2004 have grown at 3.71% CAGR, reaching ₹7.74 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 20, HSN Sub-Chapter 2004 ranks #3 by export value — accounting for 22.73% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.51% share (rank #9).
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 2004 and GST compliance.
It includes Frozen preserved vegetables
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.
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.
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.
If your outward supply of Frozen preserved vegetables 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.