2308 HSN Code: Vegetable materials for animal feed

HSN Sub Chapter 2308 represents Vegetable materials for animal feed under GST classification. This code helps businesses identify Vegetable materials for animal feed correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2308, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vegetable materials for animal feed.

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New GST Rate for HSN Code 2308

GST Rate for Vegetable materials for animal feed under HSN Code 2308. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

23

HSN Code

2308

HSN Description

Vegetable materials and vegetable waste, vegetable residues and by-products, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2308

Following tariff HSN codes fall under Vegetable materials for animal feed.

Tariff HSN

23080000

Description

Vegetable materials and vegetable waste, vegetable residues and by-products, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included

Tariff HSN

23080000

Description

Vegetable materials and vegetable waste, vegetable residues and by-products, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included

India’s Trade Performance — HSN Sub-Chapter 2308 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

₹5 Cr

−21.41% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹41 Cr

+41.37% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹36 Cr

Trade Deficit

Surplus rank #644 of 1233 subchapters

% of Chapter 23

FY 2024-25

0.03%

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

Import side: 0.69% of Chapter 23’s imports

Rank Within Chapter 23

FY 2024-25

#8 of 9

Position by export value among subchapters in Chapter 23

Import-side rank: #6 of 9

At a glance

16.14%

Export CAGR

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

#1089

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+1,644.69%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.03%

Contribution to Ch. 23

Share of Chapter 23 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2308

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 #1108

Balance

−0.25

Exports

2.05 ₹ Cr

0.0001% share

— YoY

0.02% of Ch. 23

Imports

2.30 ₹ Cr

0.0001% share

— YoY

0.05% of Ch. 23

FY 2019-20 Exp. Rank #1088

Balance

−4.15

Exports

2.42 ₹ Cr

0.0001% share

+18.05% YoY

0.03% of Ch. 23

Imports

6.57 ₹ Cr

0.0002% share

+185.65% YoY

0.13% of Ch. 23

FY 2020-21 Exp. Rank #1102

Balance

−2.66

Exports

1.79 ₹ Cr

0.0001% share

−26.03% YoY

0.01% of Ch. 23

Imports

4.45 ₹ Cr

0.0002% share

−32.27% YoY

0.09% of Ch. 23

FY 2021-22 Exp. Rank #929

Balance

+19.56

Exports

31.23 ₹ Cr

0.0010% share

+1,644.69% YoY

0.26% of Ch. 23

Imports

11.67 ₹ Cr

0.0003% share

+162.25% YoY

0.13% of Ch. 23

FY 2022-23 Exp. Rank #1068

Balance

−20.62

Exports

6.03 ₹ Cr

0.0002% share

−80.69% YoY

0.03% of Ch. 23

Imports

26.65 ₹ Cr

0.0005% share

+128.36% YoY

0.42% of Ch. 23

FY 2023-24 Exp. Rank #1071

Balance

−22.27

Exports

6.40 ₹ Cr

0.0002% share

+6.14% YoY

0.03% of Ch. 23

Imports

28.67 ₹ Cr

0.0005% share

+7.58% YoY

0.54% of Ch. 23

FY 2024-25 Exp. Rank #1089

Balance

−35.50

Exports

5.03 ₹ Cr

0.0001% share

−21.41% YoY

0.03% of Ch. 23

Imports

40.53 ₹ Cr

0.0007% share

+41.37% YoY

0.69% of Ch. 23

CAGR · 7-Year

Exports

16.14% /yr

Imports

61.32% /yr

Consistently Deficit
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 2308 Export-Import Analysis

Consistent Export Growth: 16.14% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2308 have grown at a compound annual rate of 16.14% over 7 fiscal years, rising from ₹2.05 Crore in FY 2018-19 to ₹5.03 Crore in FY 2024-25.

HSN Sub-Chapter 2308 Ranked #1089 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2308 ranks #1089 out of 1233 subchapters by total export value. Within Chapter 23, it ranks #8 of 9. By trade surplus, it ranks #644 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 2308 Exports

The strongest single-year export movement for HSN Sub-Chapter 2308 was recorded in FY 2021-22, when exports surged by 1,644.69% over the prior year.

India Records a Trade Deficit of ₹35.50 Crore in HSN Sub-Chapter 2308 Goods

In FY 2024-25, India's imports of ₹40.53 Cr exceeded exports of ₹5.03 Cr, resulting in a trade deficit of ₹35.50 Crore — ranking #644 of 1233 by surplus magnitude.

Import Growth of 61.32% CAGR Signals Rising Demand for Vegetable materials for animal feed

India's imports under HSN Sub-Chapter 2308 have grown at 61.32% CAGR, reaching ₹40.53 Crore in FY 2024-25.

HSN Sub-Chapter 2308 Contributes 0.03% of Chapter 23 Exports — Ranked #8

Among the 9 subchapters under Chapter 23, HSN Sub-Chapter 2308 ranks #8 by export value — accounting for 0.03% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2308 and GST compliance.

What products are classified under HSN 2308

It includes Vegetable materials for animal feed

What should my invoice and records include for Vegetable materials for animal feed?

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.

Can I claim ITC on inputs and services used for Vegetable materials for animal feed?

If your outward supply of Vegetable materials for animal feed 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.

What misclassification mistakes happen with Vegetable materials for animal feed?

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.

If I repair and return Vegetable materials for animal feed, 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.

Any import/export nuance for Vegetable materials for animal feed?

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.

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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