HSN Code 12010010 provides the tax classification for Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality under Chapter 12 – Oil Seeds And Oleaginous Frui of the GST tariff. Businesses dealing in Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality must use this code for proper invoicing and return filing. Applicable taxes include CGST at Nil, SGST/UTGST at Nil, and IGST at Nil. The recognized unit of measurement is kg..
HSN Codes under Chapter 12 – Oil Seeds And Oleaginous Frui
Below are related HSN codes from Chapter 12 – Oil Seeds And Oleaginous Frui for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Oil Seeds And Oleaginous Frui... | 12010090 | Soya Beans, Whether Or Not Broken Soya Beans, Whet... | 2.50% | 2.50% | 5.00% |
| Oil Seeds And Oleaginous Frui... | 12011000 | Seed | 2.50% | 2.50% | 5.00% |
| Oil Seeds And Oleaginous Frui... | 12019000 | Other | 0.025 | 0.025 | 0.05 |
| Oil Seeds And Oleaginous Frui... | 12021011 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | Nil | Nil | Nil |
| Oil Seeds And Oleaginous Frui... | 12021019 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | 0.025 | 0.025 | 0.05 |
| Oil Seeds And Oleaginous Frui... | 12021091 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | Nil | Nil | Nil |
| Oil Seeds And Oleaginous Frui... | 12021099 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | 2.50% | 2.50% | 5.00% |
| Oil Seeds And Oleaginous Frui... | 12022010 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | 2.50% | 2.50% | 5.00% |
| Oil Seeds And Oleaginous Frui... | 12022090 | Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... | 2.50% | 2.50% | 5.00% |
| Oil Seeds And Oleaginous Frui... | 12023010 | H.P.S. | 2.50% | 2.50% | 5.00% |
GST Rates for HSN 12010010
The tax structure for Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality under HSN Code 12010010 follows a dual taxation model. CGST is levied at Nil and SGST/UTGST at Nil for intrastate sales. Interstate transactions attract IGST at Nil. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 12 – Oil Seeds And Oleaginous Frui.
Who Should Use HSN Code 12010010?
Any business engaged in supplying Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality must apply HSN 12010010 on invoices. The Oil Seeds And Oleaginous Frui category under Chapter 12 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Looking to deal in Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality? GST registration is your first compliance requirement for HSN 12010010 goods. International traders in Oil Seeds And Oleaginous Frui products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Correct HSN Code 12010010 application for Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality ensures smooth input credit utilization and assessment processes. Track Nil, Nil, and Nil rate changes for Chapter 12 – Oil Seeds And Oleaginous Frui through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 12010010 belong to?
HSN Code 12010010 falls under Chapter 12 – Oil Seeds And Oleaginous Frui in the GST tariff schedule. This chapter covers various goods including Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality.
Is IGST applicable on Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality?
Yes, IGST at Nil is applicable when Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality is supplied interstate or imported. For local sales within a state, CGST at Nil and SGST/UTGST at Nil apply instead.
Can e-commerce sellers use HSN Code 12010010?
Yes, e-commerce sellers dealing in Soya Beans, Whether Or Not Broken Soya Beans, Whether Or Not Broken : Of Seed Quality must use HSN 12010010 on their invoices. This applies to all online platforms operating under Oil Seeds And Oleaginous Frui classification.
How do I start an import business for Oil Seeds And Oleaginous Frui goods?
To import goods under Oil Seeds And Oleaginous Frui, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
