Consistent Export Growth: 16.65% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3507 have grown at a compound annual rate of 16.65% over 7 fiscal years, rising from ₹286.90 Crore in FY 2018-19 to ₹722.99 Crore in FY 2024-25.
HSN Sub Chapter 3507 represents Prepared enzymes under GST classification. This code helps businesses identify Prepared enzymes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3507, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Prepared enzymes.
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GST Rate for Prepared enzymes under HSN Code 3507. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Prepared enzymes.
Tariff HSN
Description
Rennet and concentrates thereof : Microbial rennet : Animal rennet
Tariff HSN
Description
Rennet and concentrates thereof : Microbial rennet : Other
Tariff HSN
Description
Rennet and concentrates thereof : Other : Animal rennet
Tariff HSN
Description
Rennet and concentrates thereof : Other : Other
Tariff HSN
Description
Other : Industrial enzymes (textile assistant)
Tariff HSN
Description
Other : Pancretin pure (excluding medicament)
Tariff HSN
Description
Other : Pepsin (excluding medicament)
Tariff HSN
Description
Other : Pectin esterases pure
Tariff HSN
Description
Other : Pectolytic enzyme (pectimase)
Tariff HSN
Description
Other : Other enzymes of microbial origin : Streptokinase
Tariff HSN
Description
Other : Other enzymes of microbial origin : Amylases enzymes
Tariff HSN
Description
Other : Other enzymes of microbial origin : Other
Tariff HSN
Description
Other : Enzymes for pharmaceutical use, other than streptokinase : Papain, pure, of pharmaceutical grade
Tariff HSN
Description
Other : Enzymes for pharmaceutical use, other than streptokinase : Other
Tariff HSN
Description
Other : Other : Enzymatic preparations containing food stuffs
Tariff HSN
Description
Other : Other : Other
India’s Exports
FY 2024-25₹723 Cr
0.0195% of India’s total exports
India’s Imports
FY 2024-25₹1,648 Cr
0.0270% of India’s total imports
Trade Balance
FY 2024-25−₹925 Cr
Surplus rank #945 of 1233 subchapters
% of Chapter 35
FY 2024-2521.53%
Share of Chapter 35’s total exports in FY 2024-25
Import side: 20.00% of Chapter 35’s imports
Rank Within Chapter 35
FY 2024-25#2 of 7
Position by export value among subchapters in Chapter 35
Import-side rank: #2 of 7
At a glance
16.65%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#444
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+33.64%
Peak Growth Year
FY 2020-21 · strongest single-year move
21.53%
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
−576.61
Exports
286.90 ₹ Cr
0.0125% share
— YoY
16.28% of Ch. 35
Imports
863.51 ₹ Cr
0.0240% share
— YoY
23.83% of Ch. 35
Balance
−516.99
Exports
302.85 ₹ Cr
0.0137% share
+5.56% YoY
19.14% of Ch. 35
Imports
819.84 ₹ Cr
0.0244% share
−5.06% YoY
21.10% of Ch. 35
Balance
−564.97
Exports
404.74 ₹ Cr
0.0188% share
+33.64% YoY
21.73% of Ch. 35
Imports
969.71 ₹ Cr
0.0333% share
+18.28% YoY
24.04% of Ch. 35
Balance
−789.89
Exports
525.57 ₹ Cr
0.0167% share
+29.85% YoY
19.28% of Ch. 35
Imports
1,315.46 ₹ Cr
0.0288% share
+35.66% YoY
21.90% of Ch. 35
Balance
−777.71
Exports
477.94 ₹ Cr
0.0132% share
−9.06% YoY
13.24% of Ch. 35
Imports
1,255.65 ₹ Cr
0.0218% share
−4.55% YoY
18.20% of Ch. 35
Balance
−546.43
Exports
617.10 ₹ Cr
0.0171% share
+29.12% YoY
19.71% of Ch. 35
Imports
1,163.53 ₹ Cr
0.0207% share
−7.34% YoY
16.46% of Ch. 35
Balance
−924.88
Exports
722.99 ₹ Cr
0.0195% share
+17.16% YoY
21.53% of Ch. 35
Imports
1,647.87 ₹ Cr
0.0270% share
+41.63% YoY
20.00% of Ch. 35
CAGR · 7-Year
Exports
16.65% /yr
Imports
11.37% /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 3507 have grown at a compound annual rate of 16.65% over 7 fiscal years, rising from ₹286.90 Crore in FY 2018-19 to ₹722.99 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3507 ranks #444 out of 1233 subchapters by total export value. Within Chapter 35, it ranks #2 of 7. By trade surplus, it ranks #945 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3507 was recorded in FY 2020-21, when exports surged by 33.64% over the prior year.
In FY 2024-25, India's imports of ₹1,647.87 Cr exceeded exports of ₹722.99 Cr, resulting in a trade deficit of ₹924.88 Crore — ranking #945 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3507 have grown at 11.37% CAGR, reaching ₹1,647.87 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 35, HSN Sub-Chapter 3507 ranks #2 by export value — accounting for 21.53% of the chapter's total exports in FY 2024-25. On the import side, it holds 20.00% share (rank #2).
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 3507 and GST compliance.
It includes Prepared enzymes
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
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.
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.
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.
Use a delivery challan for sending Prepared enzymes 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 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.