HSN CODE - 23061040 : OIL-CAKE AND OIL-CAKE MEAL UNDECORTICATED SOLVNT EXTRCTD (DEFTD) VARTY OF COTN SEEDS

Harmonised System of Nomenclature (HSN Codes) 23061040 are used for the OIL-CAKE AND OIL-CAKE MEAL UNDECORTICATED SOLVNT EXTRCTD (DEFTD) VARTY OF COTN SEEDS products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 23061040

First two digits (23) represent the chapter number which is Chapter 23 - Residues and waste from the food industries; prepared animal fodder.

Next two digits (06) represent the heading number which is OIL-CAKE AND OTHER SOLID RESIDUES, WHETHER OR NOT GROUND OR IN THE FORM OF PELLETS, RESULTING FROM THE EXTRACTION OF VEGETABLE FATS OR OILS, OTHER THAN THOSE OF HEADING 2304 OR 2305

Next two digits (10) represent the product code which is Of cotton seeds

Last two digits (40) are for final or deeper classification which is OIL-CAKE AND OIL-CAKE MEAL UNDECORTICATED SOLVNT EXTRCTD (DEFTD) VARTY OF COTN SEEDS

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.