Animal feed manufacturers widely use solvent-extracted soybean meal as a primary protein source in livestock feed.
HSN code 23040020 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Oil-cake of soybean, solvent-extracted variety, with specific export quantity allowances noted, is classified under this code.
This meal is subject to specific quantity allowances per DGFT notification; requires moisture-resistant bulk packaging.
Related HSN Codes (Heading 2304)
Frequently Asked Questions
No. HSN 23040020 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
HSN 23040020 covers solvent-extracted soybean oil-cake, subject to specific quantity conditions.
HSN 23040020 falls under Chapter 23 and Heading 2304 of India's customs tariff schedule.
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