HSN Codes chevron_right Section 04 chevron_right Chapter 23 chevron_right Sub Chapter 2304

2304 HSN Code: Soybean oilcake

HSN Sub Chapter 2304 represents Soybean oilcake under GST classification. This code helps businesses identify Soybean oilcake correctly for billing, taxation, and trade. With HSN Sub Chapter 2304, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Soybean oilcake.

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New GST Rate for HSN Code 2304

GST Rate for Soybean oilcake under HSN Code 2304. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.

Chapter No HSN Code HSN Description New GST Rate Old GST Rate
23 2304 Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil 5% 5%

Chapter: 23

Description: Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil

New GST Rate: 5% Old GST Rate: 5%

Tariff HSN Codes under HSN Sub Chapter 2304

Following Tariff HSN code falls under Soybean oilcake:

Tariff HSN Description
Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Oil-cake and oil-cake meal of soyabean, expeller variety (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)
Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Oil-cake of soyabean, solvent extracted (defatted) variety (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)
Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Meal of soyabean, solvent extracted (defatted) (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)
Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : 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)

Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Oil-cake and oil-cake meal of soyabean, expeller variety (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)

Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Oil-cake of soyabean, solvent extracted (defatted) variety (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)

Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : Meal of soyabean, solvent extracted (defatted) (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)

Oil-cake and other solid residues whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil : 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)

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Case Laws Related to Sub Chapter 2304

Order Number Description
Ramu Chettiar Srinivasan, (Proprietor: M/S. Sri Adhi Trading Company) (AAR (Authority For Advance Ruling), Tamil Nadu)
C.P.R. Mill (AAR (Authority For Advance Ruling), Tamil Nadu)
Bharti Airtel Limited (AAR (Authority For Advance Ruling), Telangana)
M/S. Sri Mukthenahally Sivakumar Channabasavaiah, Sri Basaveshwara Corporation (AAR (Authority For Advance Ruling), Karnataka)
Uttara Impex Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
Khandelwal Extractions Ltd. (AAAR (Appellate Authority For Advance Ruling), Uttar Pradesh)
Chinnakani Arumuga Selvaraja, Proprietor, M/S. Sri Venkateshwara Traders (AAR (Authority For Advance Ruling), Tamil Nadu)
M/S. Gubba Cold Storage Private Limited (AAR (Authority For Advance Ruling), Telangana)
M/S. Vippy Industries Ltd. (AAR (Authority For Advance Ruling), Madhya Pradesh)

Ramu Chettiar Srinivasan, (Proprietor: M/S. Sri Adhi Trading Company) (AAR (Authority For Advance Ruling), Tamil Nadu)

C.P.R. Mill (AAR (Authority For Advance Ruling), Tamil Nadu)

Bharti Airtel Limited (AAR (Authority For Advance Ruling), Telangana)

M/S. Sri Mukthenahally Sivakumar Channabasavaiah, Sri Basaveshwara Corporation (AAR (Authority For Advance Ruling), Karnataka)

Uttara Impex Private Limited (AAR (Authority For Advance Ruling), Maharashtra)

Khandelwal Extractions Ltd. (AAAR (Appellate Authority For Advance Ruling), Uttar Pradesh)

Chinnakani Arumuga Selvaraja, Proprietor, M/S. Sri Venkateshwara Traders (AAR (Authority For Advance Ruling), Tamil Nadu)

M/S. Gubba Cold Storage Private Limited (AAR (Authority For Advance Ruling), Telangana)

M/S. Vippy Industries Ltd. (AAR (Authority For Advance Ruling), Madhya Pradesh)

FAQs for Sub Chapter 2304

What products are classified under HSN 2304

It includes Soybean oilcake

What misclassification mistakes happen with Soybean oilcake?

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.

Do spares or accessories of Soybean oilcake follow the same HSN?

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.

Is the composition scheme suitable if I mainly trade Soybean oilcake?

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 Soybean oilcake?

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 should I document Soybean oilcake sent for job work?

Use a delivery challan for sending Soybean oilcake 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.

Can reverse charge ever apply to transactions involving Soybean oilcake?

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

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.

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