HS Code Guide · EPM Subvention
HS Code 080410 Meaning — Dates, fresh or dried: Global Trade, India & Factoring Guide
HS 080410 covers dates, fresh or dried. This guide explains what the code includes, its global trade, India's position, how GIFT City helps factor it, and whether MSME factoring qualifies for the 2.75% interest subvention.
What this HS code covers
HS 080410 sits in 08 — Edible fruits & nuts. Official tariff description: “Fruit, edible; dates, fresh or dried” In plain terms, it covers dates, fresh or dried. Classification decides duty and documents; this 6-digit line is in the DGFT positive list (Trade Notice 25/2025-26 Annex V), so MSME factoring under it qualifies for the 2.75% subvention — details below.
What is HS 080410?
HS 080410 covers edible dates — fresh or dried — whole, pitted or pressed, not otherwise prepared.
Official description: Fruit, edible; dates, fresh or dried
What HS 080410 does in trade
- Captures the single-line date trade where variety (Medjool, Deglet Nour) drives price — customs and incentives key off this HS.
- Is eligible — dates are in the positive list, so MSME date export factoring qualifies for 2.75%.
- Enables factoring for a seasonal, storable fruit with 30–90 day buyer terms to Gulf/EU.
Global perspective — where HS 080410 moves
Global date trade ~1 MT, concentrated in MENA supply and Gulf/EU/North Africa demand. Tunisia, Israel and Egypt lead premium varieties.
| Top global exporters | Top global importers |
|---|---|
| Tunisia | India |
| Israel | Morocco |
| Egypt | France |
| Saudi Arabia | Germany |
| Iran | United States |
India's stance on HS 080410
India is the world's largest date importer; exports are Re-exports and niche farm output (Kutch, Rajasthan). Trading houses handle most date flows; MSME factoring applies to graded exports to Europe.
Export docs to watch
Dates need APEDA RCMC, phytosanitary and, for EU, pesticide MRL compliance.
GIFT City — factoring HS 080410 in foreign currency
Date exports often USD to Gulf/EU — GIFT City factoring keeps FX in foreign currency with 2.75% intact.
Trad can route eligible invoices via an IFSCA-regulated IBU or Finance Company/Finance Unit undertaking factoring in GIFT City. The 2.75% subvention is identical whether you factor via India (RBI-regulated) or GIFT City (IFSCA-regulated) — the choice is about currency, banking relationship and buyer location, not the benefit rate.
Common financing stack for this HS
Factoring advances 70–90% in 24–48 hours after invoice verification; balance minus discount/fees on buyer payment. Works alongside packing credit — factoring covers the post-shipment open-account gap.
MSME subvention — is HS 080410 eligible for 2.75%?
Yes — HS 080410 is in the positive list (Trade Notice 25/2025-26 Annex V). MSMEs involved in international value chains with a valid active IEC (not in DEL) and valid Udyam can claim 2.75% per annum on the factoring interest cost element when factoring via an RBI/IFSCA-regulated entity.
| Check | For HS 080410 |
|---|---|
| In positive list (HS-6) | Yes — 080410 listed in Annex V |
| Benefit | 2.75% p.a. on interest cost element |
| Annual cap | ₹50 lakh per MSME per FY |
| Valid from | Prospectively from 20 Feb 2026 |
| Need UIN per factor? | Yes — declaration of intent before factoring, valid till FY-end |
| Eligible factors | RBI-regulated (AD bank / factoring NBFC) or IFSCA-regulated (GIFT IBU/FC) |
| Not covered | Deemed exports (FTP Ch.7) & exports to SEZs |
Eight-digit HS? Use first 6 digits
Eligibility is at HS-6. If your 8-digit HS (e.g. 08041010) starts with 080410, it inherits this eligibility. Verify on the HS checker — enter 6 or 8 digits.
Check HS 080410 — free
Verify any 6 or 8-digit HS against the DGFT positive list and see the 2.75% factoring eligibility in seconds.
Open HS checkerFrequently asked questions
What is HS 080410 — Dates, fresh or dried?
HS 080410 covers edible dates — fresh or dried — whole, pitted or pressed, not otherwise prepared.
Is HS 080410 eligible for the 2.75% interest subvention?
Yes. HS 080410 is in the DGFT positive list (Trade Notice 25/2025-26 Annex V, 4139 HS-6 lines). MSMEs factoring exports under this line via RBI/IFSCA-regulated factors can claim 2.75% per annum on the interest cost element, capped at ₹50 lakh per MSME per year, prospectively from 20 Feb 2026. Requires valid IEC (not in DEL), valid Udyam, and a UIN per factor obtained before factoring.
Who can claim the 2.75% for HS 080410 and how?
MSMEs (as defined by Ministry of MSME) with active IEC and Udyam, factoring eligible exports of HS 080410 via RBI/IFSCA-regulated entities. File a declaration of intent on the DGFT portal to get a UIN per factor (valid till FY-end), factor the invoice, the factor files monthly IEC-wise claims; subvention is credited to your IEC-linked bank account.
Can HS 080410 be factored via GIFT City?
Yes. IBUs and Finance Companies/Finance Units undertaking factoring in GIFT City (IFSCA-regulated) are eligible financial institutions under IFSCA circular 19 Mar 2026 and must extend the 2.75% benefit. Useful for USD/EUR receivables where you want foreign-currency factoring.
What does factoring for HS 080410 cost after subvention?
Indicatively, factoring discount/interest is priced commercially (often 8–12% p.a. depending on buyer, tenor, currency) plus factoring fee ~0.5–3% ⚠️. The 2.75% offsets only the interest element — e.g. a 9% interest cost becomes ~6.25% effective on that element if eligible. Fees/insurance/FX remain. Compare all-in cost.
Related HS codes
Compare HS 080410 with other MSME-export lines in the same chapter or family.
See all codes on the HS code guides hub, or read the 2.75% subvention deep-dive.