3504 HSN Code: Peptones & Protein Derivatives

HSN Sub Chapter 3504 represents Peptones & Protein Derivatives under GST classification. This code helps businesses identify Peptones & Protein Derivatives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3504, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Peptones & Protein Derivatives.

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New GST Rate for HSN Code 3504

GST Rate for Peptones & Protein Derivatives under HSN Code 3504. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

35

HSN Code

3504

HSN Description

Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 3504

Following tariff HSN codes fall under Peptones & Protein Derivatives.

Tariff HSN

35040010

Description

Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Peptones

Tariff HSN

35040091

Description

Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Isolated soya protein

Tariff HSN

35040099

Description

Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other

India’s Trade Performance — HSN Sub-Chapter 3504 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

₹333 Cr

+43.08% vs FY 2023-24

0.0090% of India’s total exports

India’s Imports

FY 2024-25

₹617 Cr

+12.34% vs FY 2023-24

0.0101% of India’s total imports

Trade Balance

FY 2024-25

−₹285 Cr

Trade Deficit

Surplus rank #818 of 1233 subchapters

% of Chapter 35

FY 2024-25

9.90%

Share of Chapter 35’s total exports in FY 2024-25

Import side: 7.49% of Chapter 35’s imports

Rank Within Chapter 35

FY 2024-25

#5 of 7

Position by export value among subchapters in Chapter 35

Import-side rank: #5 of 7

At a glance

26.76%

Export CAGR

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

#605

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+56.45%

Peak Growth Year

FY 2020-21 · strongest single-year move

9.90%

Contribution to Ch. 35

Share of Chapter 35 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 3504

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 #750

Balance

−181.19

Exports

80.17 ₹ Cr

0.0035% share

— YoY

4.55% of Ch. 35

Imports

261.36 ₹ Cr

0.0073% share

— YoY

7.21% of Ch. 35

FY 2019-20 Exp. Rank #774

Balance

−162.16

Exports

76.85 ₹ Cr

0.0035% share

−4.14% YoY

4.86% of Ch. 35

Imports

239.01 ₹ Cr

0.0071% share

−8.55% YoY

6.15% of Ch. 35

FY 2020-21 Exp. Rank #690

Balance

−180.97

Exports

120.23 ₹ Cr

0.0056% share

+56.45% YoY

6.45% of Ch. 35

Imports

301.20 ₹ Cr

0.0103% share

+26.02% YoY

7.47% of Ch. 35

FY 2021-22 Exp. Rank #696

Balance

−331.18

Exports

165.86 ₹ Cr

0.0053% share

+37.95% YoY

6.08% of Ch. 35

Imports

497.04 ₹ Cr

0.0109% share

+65.02% YoY

8.28% of Ch. 35

FY 2022-23 Exp. Rank #717

Balance

−446.03

Exports

167.49 ₹ Cr

0.0046% share

+0.98% YoY

4.64% of Ch. 35

Imports

613.52 ₹ Cr

0.0107% share

+23.43% YoY

8.89% of Ch. 35

FY 2023-24 Exp. Rank #664

Balance

−316.92

Exports

232.43 ₹ Cr

0.0064% share

+38.77% YoY

7.42% of Ch. 35

Imports

549.35 ₹ Cr

0.0098% share

−10.46% YoY

7.77% of Ch. 35

FY 2024-25 Exp. Rank #605

Balance

−284.57

Exports

332.56 ₹ Cr

0.0090% share

+43.08% YoY

9.90% of Ch. 35

Imports

617.13 ₹ Cr

0.0101% share

+12.34% YoY

7.49% of Ch. 35

CAGR · 7-Year

Exports

26.76% /yr

Imports

15.40% /yr

Consistently Deficit
Chapter 35 total

reference, FY 2024-25

Export

₹3,357.86 Cr

Import

₹8,238.26 Cr

Trade Balance

−4,880.40

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

Key Trade Insights: HSN Sub-Chapter 3504 Export-Import Analysis

Consistent Export Growth: 26.76% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 3504 have grown at a compound annual rate of 26.76% over 7 fiscal years, rising from ₹80.17 Crore in FY 2018-19 to ₹332.56 Crore in FY 2024-25.

HSN Sub-Chapter 3504 Ranked #605 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 3504 ranks #605 out of 1233 subchapters by total export value. Within Chapter 35, it ranks #5 of 7. By trade surplus, it ranks #818 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 3504 Exports

The strongest single-year export movement for HSN Sub-Chapter 3504 was recorded in FY 2020-21, when exports surged by 56.45% over the prior year.

India Records a Trade Deficit of ₹284.57 Crore in HSN Sub-Chapter 3504 Goods

In FY 2024-25, India's imports of ₹617.13 Cr exceeded exports of ₹332.56 Cr, resulting in a trade deficit of ₹284.57 Crore — ranking #818 of 1233 by surplus magnitude.

Import Growth of 15.40% CAGR Signals Rising Demand for Peptones & Protein Derivatives

India's imports under HSN Sub-Chapter 3504 have grown at 15.40% CAGR, reaching ₹617.13 Crore in FY 2024-25.

HSN Sub-Chapter 3504 Contributes 9.90% of Chapter 35 Exports — Ranked #5

Among the 7 subchapters under Chapter 35, HSN Sub-Chapter 3504 ranks #5 by export value — accounting for 9.90% of the chapter's total exports in FY 2024-25. On the import side, it holds 7.49% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 3504 and GST compliance.

What products are classified under HSN 3504

It includes Peptones & Protein Derivatives

Can reverse charge ever apply to transactions involving Peptones & Protein Derivatives?

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

Do spares or accessories of Peptones & Protein Derivatives 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.

What misclassification mistakes happen with Peptones & Protein Derivatives?

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.

How should I document Peptones & Protein Derivatives sent for job work?

Use a delivery challan for sending Peptones & Protein Derivatives 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.

If I repair and return Peptones & Protein Derivatives, 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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