Export Decline: −3.29% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3501 have declined at a compound annual rate of −3.29% over 7 fiscal years, falling from ₹220.53 Crore in FY 2018-19 to ₹180.47 Crore in FY 2024-25.
HSN Sub Chapter 3501 represents Casein products under GST classification. This code helps businesses identify Casein products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3501, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Casein products.
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GST Rate for Casein products under HSN Code 3501. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Casein products.
India’s Exports
FY 2024-25₹180 Cr
0.0049% of India’s total exports
India’s Imports
FY 2024-25₹98 Cr
0.0016% of India’s total imports
Trade Balance
FY 2024-25₹82 Cr
Surplus rank #399 of 1233 subchapters
% of Chapter 35
FY 2024-255.37%
Share of Chapter 35’s total exports in FY 2024-25
Import side: 1.19% of Chapter 35’s imports
Rank Within Chapter 35
FY 2024-25#6 of 7
Position by export value among subchapters in Chapter 35
Import-side rank: #7 of 7
At a glance
−3.29%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#720
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+2,289.54%
Peak Growth Year
FY 2020-21 · strongest single-year move
5.37%
Contribution to Ch. 35
Share of Chapter 35 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
+185.52
Exports
220.53 ₹ Cr
0.0096% share
— YoY
12.51% of Ch. 35
Imports
35.01 ₹ Cr
0.0010% share
— YoY
0.97% of Ch. 35
Balance
−105.05
Exports
7.55 ₹ Cr
0.0003% share
−96.58% YoY
0.48% of Ch. 35
Imports
112.60 ₹ Cr
0.0034% share
+221.62% YoY
2.90% of Ch. 35
Balance
+62.62
Exports
180.41 ₹ Cr
0.0084% share
+2,289.54% YoY
9.68% of Ch. 35
Imports
117.79 ₹ Cr
0.0040% share
+4.61% YoY
2.92% of Ch. 35
Balance
+458.51
Exports
592.78 ₹ Cr
0.0189% share
+228.57% YoY
21.75% of Ch. 35
Imports
134.27 ₹ Cr
0.0029% share
+13.99% YoY
2.24% of Ch. 35
Balance
+731.02
Exports
816.32 ₹ Cr
0.0225% share
+37.71% YoY
22.62% of Ch. 35
Imports
85.30 ₹ Cr
0.0015% share
−36.47% YoY
1.24% of Ch. 35
Balance
−62.09
Exports
150.24 ₹ Cr
0.0042% share
−81.60% YoY
4.80% of Ch. 35
Imports
212.33 ₹ Cr
0.0038% share
+148.92% YoY
3.00% of Ch. 35
Balance
+82.48
Exports
180.47 ₹ Cr
0.0049% share
+20.12% YoY
5.37% of Ch. 35
Imports
97.99 ₹ Cr
0.0016% share
−53.85% YoY
1.19% of Ch. 35
CAGR · 7-Year
Exports
−3.29% /yr
Imports
18.71% /yr
reference, FY 2024-25
Export
₹3,357.86 Cr
Import
₹8,238.26 Cr
Trade Balance
−4,880.40
India's exports under HSN Sub-Chapter 3501 have declined at a compound annual rate of −3.29% over 7 fiscal years, falling from ₹220.53 Crore in FY 2018-19 to ₹180.47 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3501 ranks #720 out of 1233 subchapters by total export value. Within Chapter 35, it ranks #6 of 7. By trade surplus, it ranks #399 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3501 was recorded in FY 2020-21, when exports surged by 2,289.54% over the prior year.
In FY 2024-25, India's exports of ₹180.47 Cr exceeded imports of ₹97.99 Cr, resulting in a trade surplus of ₹82.48 Crore — ranking #399 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3501 have grown at 18.71% CAGR, reaching ₹97.99 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 35, HSN Sub-Chapter 3501 ranks #6 by export value — accounting for 5.37% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.19% share (rank #7).
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 3501 and GST compliance.
It includes Casein products
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.
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.
Use a delivery challan for sending Casein products 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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Casein products 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.