Consistent Export Growth: 20.37% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2301 have grown at a compound annual rate of 20.37% over 7 fiscal years, rising from ₹748.86 Crore in FY 2018-19 to ₹2,277.57 Crore in FY 2024-25.
HSN Sub Chapter 2301 represents Meat & Fish Byproducts under GST classification. This code helps businesses identify Meat & Fish Byproducts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Meat & Fish Byproducts.
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GST Rate for Meat & Fish Byproducts under HSN Code 2301. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Meat & Fish Byproducts.
Tariff HSN
Description
Flours, meals and pellets, of meat or meat offal; greaves : Meat meals and pellets (including tankage) (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)
Tariff HSN
Description
Flours, meals and pellets, of meat or meat offal; greaves : Meat meals and pellets (including tankage) (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake) [other than rice- bran ]
Tariff HSN
Description
Flours, meals and pellets, of meat or meat offal; greaves : Other (including greaves) (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)
Tariff HSN
Description
Flours, meals and pellets, of meat or meat offal; greaves : Other (including greaves) (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)[other than rice- bran ]
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Fish meal, unfit for human consumption : In powder form (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Fish meal, unfit for human consumption : In powder form (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake) [other than rice- bran ]
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Fish meal, unfit for human consumption : Other (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Fish meal, unfit for human consumption : Other (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)[other than rice- bran ]
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Other (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)[other than rice- bran ]
Tariff HSN
Description
Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates : Other (aquatic feed including shrimp feed and prawn feed, poultry feed & cattle feed, including grass, hay & straw, supplement & husk of pulses, concentrates & additives, wheat bran & de-oiled cake)
India’s Exports
FY 2024-25₹2,278 Cr
0.0615% of India’s total exports
India’s Imports
FY 2024-25₹130 Cr
0.0021% of India’s total imports
Trade Balance
FY 2024-25₹2,147 Cr
Surplus rank #124 of 1233 subchapters
% of Chapter 23
FY 2024-2512.16%
Share of Chapter 23’s total exports in FY 2024-25
Import side: 2.20% of Chapter 23’s imports
Rank Within Chapter 23
FY 2024-25#4 of 9
Position by export value among subchapters in Chapter 23
Import-side rank: #4 of 9
At a glance
20.37%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#247
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+290.90%
Peak Growth Year
FY 2022-23 · strongest single-year move
12.16%
Contribution to Ch. 23
Share of Chapter 23 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
+590.60
Exports
748.86 ₹ Cr
0.0326% share
— YoY
5.58% of Ch. 23
Imports
158.26 ₹ Cr
0.0044% share
— YoY
3.53% of Ch. 23
Balance
+340.55
Exports
532.58 ₹ Cr
0.0241% share
−28.88% YoY
6.45% of Ch. 23
Imports
192.03 ₹ Cr
0.0057% share
+21.34% YoY
3.79% of Ch. 23
Balance
+274.44
Exports
632.24 ₹ Cr
0.0294% share
+18.71% YoY
4.24% of Ch. 23
Imports
357.80 ₹ Cr
0.0123% share
+86.33% YoY
7.19% of Ch. 23
Balance
+554.59
Exports
700.91 ₹ Cr
0.0223% share
+10.86% YoY
5.94% of Ch. 23
Imports
146.32 ₹ Cr
0.0032% share
−59.11% YoY
1.57% of Ch. 23
Balance
+2,634.15
Exports
2,739.85 ₹ Cr
0.0757% share
+290.90% YoY
13.54% of Ch. 23
Imports
105.70 ₹ Cr
0.0018% share
−27.76% YoY
1.67% of Ch. 23
Balance
+3,614.92
Exports
3,756.42 ₹ Cr
0.1038% share
+37.10% YoY
16.30% of Ch. 23
Imports
141.50 ₹ Cr
0.0025% share
+33.87% YoY
2.65% of Ch. 23
Balance
+2,147.38
Exports
2,277.57 ₹ Cr
0.0615% share
−39.37% YoY
12.16% of Ch. 23
Imports
130.19 ₹ Cr
0.0021% share
−7.99% YoY
2.20% of Ch. 23
CAGR · 7-Year
Exports
20.37% /yr
Imports
−3.20% /yr
reference, FY 2024-25
Export
₹18,732.91 Cr
Import
₹5,915.30 Cr
Trade Balance
+12,817.61
India's exports under HSN Sub-Chapter 2301 have grown at a compound annual rate of 20.37% over 7 fiscal years, rising from ₹748.86 Crore in FY 2018-19 to ₹2,277.57 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2301 ranks #247 out of 1233 subchapters by total export value. Within Chapter 23, it ranks #4 of 9. By trade surplus, it ranks #124 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2301 was recorded in FY 2022-23, when exports surged by 290.90% over the prior year.
In FY 2024-25, India's exports of ₹2,277.57 Cr exceeded imports of ₹130.19 Cr, resulting in a trade surplus of ₹2,147.38 Crore — ranking #124 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2301 have grown at −3.20% CAGR, reaching ₹130.19 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 23, HSN Sub-Chapter 2301 ranks #4 by export value — accounting for 12.16% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.20% share (rank #4).
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 2301 and GST compliance.
It includes Meat & Fish Byproducts
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Meat & Fish Byproducts 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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
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.