Within Chapter 10 – Cereals, HSN Code 10021000 serves as the official classification for Seed. This code determines tax rates and compliance obligations for all entities trading in Seed. CGST applies at 2.5%/Nil, SGST/UTGST at 2.5%/Nil for local transactions, and IGST at 5%/Nil for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 10 – Cereals
Below are related HSN codes from Chapter 10 – Cereals for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Cereals... | 10011010 | Wheat And Meslin Durum Wheat : Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011090 | Wheat And Meslin Durum Wheat : Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011100 | Seed | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011900 | Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019010 | Wheat And Meslin Other : Wheat Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019020 | Wheat And Meslin Other : Other Wheat | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019031 | Wheat And Meslin Other : Meslin : Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019039 | Wheat And Meslin Other : Meslin : Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019100 | Seed | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019910 | Wheat | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
GST Rates for HSN 10021000
Tax liability for Seed under HSN 10021000 varies by transaction geography. CGST at 2.5%/Nil combined with SGST/UTGST at 2.5%/Nil applies to local sales. Interstate movement attracts IGST at 5%/Nil. All billing for Chapter 10 – Cereals products must use kg..
Who Should Use HSN Code 10021000?
Manufacturers, wholesalers, retailers, and exporters dealing in Seed are required to mention HSN 10021000 on all tax documents. This classification under Cereals applies to businesses of all sizes operating within Chapter 10. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Seed? Complete GST registration to legally collect taxes on goods under HSN 10021000. Businesses importing or exporting Cereals products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate HSN Code 10021000 usage for Seed simplifies reconciliation and protects against penalties. Keep current with 2.5%/Nil, 2.5%/Nil, and 5%/Nil updates for Chapter 10 – Cereals to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 10021000 belong to?
HSN Code 10021000 falls under Chapter 10 – Cereals in the GST tariff schedule. This chapter covers various goods including Seed.
Is IGST applicable on Seed?
Yes, IGST at 5%/Nil is applicable when Seed is supplied interstate or imported. For local sales within a state, CGST at 2.5%/Nil and SGST/UTGST at 2.5%/Nil apply instead.
Can e-commerce sellers use HSN Code 10021000?
Yes, e-commerce sellers dealing in Seed must use HSN 10021000 on their invoices. This applies to all online platforms operating under Cereals classification.
How do I start an import business for Cereals goods?
To import goods under Cereals, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
