2303 HSN Code: Starch and sugar residues

HSN Sub Chapter 2303 represents Starch and sugar residues under GST classification. This code helps businesses identify Starch and sugar residues correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2303, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Starch and sugar residues.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 2303

GST Rate for Starch and sugar residues under HSN Code 2303. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

23

HSN Code

2303

HSN Description

Residues of starch manufacture and similar residues, beet-pulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2303

Following tariff HSN codes fall under Starch and sugar residues.

Tariff HSN

23031000

Description

Residues of starch manufacture and similar residues

Tariff HSN

23032000

Description

Beet-pulp, bagasse and other waste of sugar: manufacture

Tariff HSN

23033000

Description

Brewing or distilling dregs and waste

India’s Trade Performance — HSN Sub-Chapter 2303 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

₹887 Cr

+29.02% vs FY 2023-24

0.0239% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

+11.08% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹868 Cr

Trade Surplus

Surplus rank #197 of 1233 subchapters

% of Chapter 23

FY 2024-25

4.73%

Share of Chapter 23’s total exports in FY 2024-25

Import side: 0.31% of Chapter 23’s imports

Rank Within Chapter 23

FY 2024-25

#5 of 9

Position by export value among subchapters in Chapter 23

Import-side rank: #7 of 9

At a glance

59.53%

Export CAGR

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

#409

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+443.70%

Peak Growth Year

FY 2020-21 · strongest single-year move

4.73%

Contribution to Ch. 23

Share of Chapter 23 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2303

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 #824

Balance

+30.99

Exports

53.79 ₹ Cr

0.0023% share

— YoY

0.40% of Ch. 23

Imports

22.80 ₹ Cr

0.0006% share

— YoY

0.51% of Ch. 23

FY 2019-20 Exp. Rank #943

Balance

−13.01

Exports

20.80 ₹ Cr

0.0009% share

−61.33% YoY

0.25% of Ch. 23

Imports

33.81 ₹ Cr

0.0010% share

+48.29% YoY

0.67% of Ch. 23

FY 2020-21 Exp. Rank #700

Balance

+101.56

Exports

113.09 ₹ Cr

0.0053% share

+443.70% YoY

0.76% of Ch. 23

Imports

11.53 ₹ Cr

0.0004% share

−65.90% YoY

0.23% of Ch. 23

FY 2021-22 Exp. Rank #850

Balance

+32.44

Exports

61.94 ₹ Cr

0.0020% share

−45.23% YoY

0.52% of Ch. 23

Imports

29.50 ₹ Cr

0.0006% share

+155.85% YoY

0.32% of Ch. 23

FY 2022-23 Exp. Rank #683

Balance

+193.64

Exports

209.01 ₹ Cr

0.0058% share

+237.44% YoY

1.03% of Ch. 23

Imports

15.37 ₹ Cr

0.0003% share

−47.90% YoY

0.24% of Ch. 23

FY 2023-24 Exp. Rank #452

Balance

+670.56

Exports

687.16 ₹ Cr

0.0190% share

+228.77% YoY

2.98% of Ch. 23

Imports

16.60 ₹ Cr

0.0003% share

+8.00% YoY

0.31% of Ch. 23

FY 2024-25 Exp. Rank #409

Balance

+868.12

Exports

886.56 ₹ Cr

0.0239% share

+29.02% YoY

4.73% of Ch. 23

Imports

18.44 ₹ Cr

0.0003% share

+11.08% YoY

0.31% of Ch. 23

CAGR · 7-Year

Exports

59.53% /yr

Imports

−3.48% /yr

Consistently Surplus
Chapter 23 total

reference, FY 2024-25

Export

₹18,732.91 Cr

Import

₹5,915.30 Cr

Trade Balance

+12,817.61

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

Key Trade Insights: HSN Sub-Chapter 2303 Export-Import Analysis

Consistent Export Growth: 59.53% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2303 have grown at a compound annual rate of 59.53% over 7 fiscal years, rising from ₹53.79 Crore in FY 2018-19 to ₹886.56 Crore in FY 2024-25.

HSN Sub-Chapter 2303 Ranked #409 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2303 ranks #409 out of 1233 subchapters by total export value. Within Chapter 23, it ranks #5 of 9. By trade surplus, it ranks #197 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2303 Exports

The strongest single-year export movement for HSN Sub-Chapter 2303 was recorded in FY 2020-21, when exports surged by 443.70% over the prior year.

India Maintains a Trade Surplus of ₹868.12 Crore in HSN Sub-Chapter 2303 Goods

In FY 2024-25, India's exports of ₹886.56 Cr exceeded imports of ₹18.44 Cr, resulting in a trade surplus of ₹868.12 Crore — ranking #197 of 1233 by surplus magnitude.

Import Growth of −3.48% CAGR Signals Stable Import Dependency for Starch and sugar residues

India's imports under HSN Sub-Chapter 2303 have grown at −3.48% CAGR, reaching ₹18.44 Crore in FY 2024-25.

HSN Sub-Chapter 2303 Contributes 4.73% of Chapter 23 Exports — Ranked #5

Among the 9 subchapters under Chapter 23, HSN Sub-Chapter 2303 ranks #5 by export value — accounting for 4.73% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.31% share (rank #7).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2303 and GST compliance.

What products are classified under HSN 2303

It includes Starch and sugar residues

Is the composition scheme suitable if I mainly trade Starch and sugar residues?

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.

How do I bill a kit or combo that includes Starch and sugar residues?

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.

How are warranty replacements of Starch and sugar residues 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 Starch and sugar residues?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Starch and sugar residues are forward charge. Check the current notifications for any special cases before deciding.

What should my invoice and records include for Starch and sugar residues?

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.

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.

Explore More HSN Codes from Chapter 23