2305 HSN Code: Oil cake residues

HSN Sub Chapter 2305 represents Oil cake residues under GST classification. This code helps businesses identify Oil cake residues correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2305, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Oil cake residues.

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New GST Rate for HSN Code 2305

GST Rate for Oil cake residues under HSN Code 2305. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

23

HSN Code

2305

HSN Description

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

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2305

Following tariff HSN codes fall under Oil cake residues.

Tariff HSN

23050010

Description

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

Tariff HSN

23050020

Description

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

Tariff HSN

23050090

Description

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

India’s Trade Performance — HSN Sub-Chapter 2305 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

₹72 Cr

−14.46% vs FY 2023-24

0.0020% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹72 Cr

Trade Surplus

Surplus rank #414 of 1233 subchapters

% of Chapter 23

FY 2024-25

0.39%

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

Import side: 0.00% of Chapter 23’s imports

Rank Within Chapter 23

FY 2024-25

#7 of 9

Position by export value among subchapters in Chapter 23

Import-side rank: #8 of 9

At a glance

13.76%

Export CAGR

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

#862

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+644.40%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.39%

Contribution to Ch. 23

Share of Chapter 23 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2305

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 #887

Balance

+32.96

Exports

33.34 ₹ Cr

0.0015% share

— YoY

0.25% of Ch. 23

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Ch. 23

FY 2019-20 Exp. Rank #983

Balance

+13.06

Exports

13.31 ₹ Cr

0.0006% share

−60.08% YoY

0.16% of Ch. 23

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−34.21% YoY

0.00% of Ch. 23

FY 2020-21 Exp. Rank #725

Balance

+99.08

Exports

99.08 ₹ Cr

0.0046% share

+644.40% YoY

0.66% of Ch. 23

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 23

FY 2021-22 Exp. Rank #958

Balance

+21.82

Exports

21.91 ₹ Cr

0.0007% share

−77.89% YoY

0.19% of Ch. 23

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 23

FY 2022-23 Exp. Rank #809

Balance

+95.89

Exports

95.89 ₹ Cr

0.0026% share

+337.65% YoY

0.47% of Ch. 23

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 23

FY 2023-24 Exp. Rank #829

Balance

—

Exports

84.49 ₹ Cr

0.0023% share

−11.89% YoY

0.37% of Ch. 23

Imports

— ₹ Cr

— share

— YoY

— of Ch. 23

FY 2024-25 Exp. Rank #862

Balance

+72.18

Exports

72.27 ₹ Cr

0.0020% share

−14.46% YoY

0.39% of Ch. 23

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 23

CAGR · 7-Year

Exports

13.76% /yr

Imports

−21.34% /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 2305 Export-Import Analysis

Consistent Export Growth: 13.76% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2305 have grown at a compound annual rate of 13.76% over 7 fiscal years, rising from ₹33.34 Crore in FY 2018-19 to ₹72.27 Crore in FY 2024-25.

HSN Sub-Chapter 2305 Ranked #862 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2305 ranks #862 out of 1233 subchapters by total export value. Within Chapter 23, it ranks #7 of 9. By trade surplus, it ranks #414 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2305 Exports

The strongest single-year export movement for HSN Sub-Chapter 2305 was recorded in FY 2020-21, when exports surged by 644.40% over the prior year.

India Maintains a Trade Surplus of ₹72.18 Crore in HSN Sub-Chapter 2305 Goods

In FY 2024-25, India's exports of ₹72.27 Cr exceeded imports of ₹0.09 Cr, resulting in a trade surplus of ₹72.18 Crore — ranking #414 of 1233 by surplus magnitude.

Import Growth of −21.34% CAGR Signals Stable Import Dependency for Oil cake residues

India's imports under HSN Sub-Chapter 2305 have grown at −21.34% CAGR, reaching ₹0.09 Crore in FY 2024-25.

HSN Sub-Chapter 2305 Contributes 0.39% of Chapter 23 Exports — Ranked #7

Among the 9 subchapters under Chapter 23, HSN Sub-Chapter 2305 ranks #7 by export value — accounting for 0.39% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2305 and GST compliance.

What products are classified under HSN 2305

It includes Oil cake residues

Does packaging or branding change how GST applies to Oil cake residues?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Oil cake residues 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.

What should my invoice and records include for Oil cake 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.

How are warranty replacements of Oil cake 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.

Is the composition scheme suitable if I mainly trade Oil cake 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.

Any import/export nuance for Oil cake residues?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

If I repair and return Oil cake residues, how should I charge GST?

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.

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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