Consistent Export Growth: 17.84% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2103 have grown at a compound annual rate of 17.84% over 7 fiscal years, rising from ₹442.79 Crore in FY 2018-19 to ₹1,185.74 Crore in FY 2024-25.
HSN Sub Chapter 2103 represents Sauces & seasonings under GST classification. This code helps businesses identify Sauces & seasonings correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2103, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sauces & seasonings.
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GST Rate for Sauces & seasonings under HSN Code 2103. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Sauces & seasonings.
Tariff HSN
Description
Soya sauce
Tariff HSN
Description
Tomato ketchup and other tomato sauces
Tariff HSN
Description
Mustard flour and meal and prepared mustard
Tariff HSN
Description
Other: Curry paste
Tariff HSN
Description
Other:Chilli sauce
Tariff HSN
Description
Other:Majonnaise and salad dressings
Tariff HSN
Description
Other: Mixed, condiments and mixed seasoning
Tariff HSN
Description
Other:Other
India’s Exports
FY 2024-25₹1,186 Cr
0.0320% of India’s total exports
India’s Imports
FY 2024-25₹324 Cr
0.0053% of India’s total imports
Trade Balance
FY 2024-25₹862 Cr
Surplus rank #200 of 1233 subchapters
% of Chapter 21
FY 2024-258.17%
Share of Chapter 21’s total exports in FY 2024-25
Import side: 16.39% of Chapter 21’s imports
Rank Within Chapter 21
FY 2024-25#3 of 6
Position by export value among subchapters in Chapter 21
Import-side rank: #3 of 6
At a glance
17.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#355
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+32.63%
Peak Growth Year
FY 2022-23 · strongest single-year move
8.17%
Contribution to Ch. 21
Share of Chapter 21 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
+306.23
Exports
442.79 ₹ Cr
0.0193% share
— YoY
8.22% of Ch. 21
Imports
136.56 ₹ Cr
0.0038% share
— YoY
8.96% of Ch. 21
Balance
+358.56
Exports
499.29 ₹ Cr
0.0226% share
+12.76% YoY
8.44% of Ch. 21
Imports
140.73 ₹ Cr
0.0042% share
+3.05% YoY
9.91% of Ch. 21
Balance
+495.01
Exports
607.54 ₹ Cr
0.0282% share
+21.68% YoY
8.80% of Ch. 21
Imports
112.53 ₹ Cr
0.0039% share
−20.04% YoY
7.76% of Ch. 21
Balance
+424.81
Exports
590.60 ₹ Cr
0.0188% share
−2.79% YoY
7.14% of Ch. 21
Imports
165.79 ₹ Cr
0.0036% share
+47.33% YoY
8.80% of Ch. 21
Balance
+567.92
Exports
783.33 ₹ Cr
0.0216% share
+32.63% YoY
7.73% of Ch. 21
Imports
215.41 ₹ Cr
0.0037% share
+29.93% YoY
13.03% of Ch. 21
Balance
+709.60
Exports
968.44 ₹ Cr
0.0268% share
+23.63% YoY
7.96% of Ch. 21
Imports
258.84 ₹ Cr
0.0046% share
+20.16% YoY
16.64% of Ch. 21
Balance
+862.17
Exports
1,185.74 ₹ Cr
0.0320% share
+22.44% YoY
8.17% of Ch. 21
Imports
323.57 ₹ Cr
0.0053% share
+25.01% YoY
16.39% of Ch. 21
CAGR · 7-Year
Exports
17.84% /yr
Imports
15.46% /yr
reference, FY 2024-25
Export
₹14,506.54 Cr
Import
₹1,974.04 Cr
Trade Balance
+12,532.50
India's exports under HSN Sub-Chapter 2103 have grown at a compound annual rate of 17.84% over 7 fiscal years, rising from ₹442.79 Crore in FY 2018-19 to ₹1,185.74 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2103 ranks #355 out of 1233 subchapters by total export value. Within Chapter 21, it ranks #3 of 6. By trade surplus, it ranks #200 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2103 was recorded in FY 2022-23, when exports surged by 32.63% over the prior year.
In FY 2024-25, India's exports of ₹1,185.74 Cr exceeded imports of ₹323.57 Cr, resulting in a trade surplus of ₹862.17 Crore — ranking #200 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2103 have grown at 15.46% CAGR, reaching ₹323.57 Crore in FY 2024-25.
Among the 6 subchapters under Chapter 21, HSN Sub-Chapter 2103 ranks #3 by export value — accounting for 8.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 16.39% share (rank #3).
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 2103 and GST compliance.
It includes Sauces & seasonings
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 Sauces & seasonings 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.
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.
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.
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.