Under the GST regime, HSN Code 12021011 classifies Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality within Chapter 12 – Oil Seeds And Oleaginous Frui. This code is essential for businesses to correctly calculate and remit taxes on Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality. The applicable rates are CGST at Nil, SGST/UTGST at Nil for within-state sales, and IGST at Nil for interstate supplies. Goods are quantified using 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... 12010010 Soya Beans, Whether Or Not Broken Soya Beans, Whet... Nil Nil Nil
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... 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 12021011

For Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality classified under HSN Code 12021011, tax computation follows GST principles. CGST at Nil plus SGST/UTGST at Nil covers intrastate sales. IGST at Nil applies to interstate transactions. kg. is the prescribed measurement for Oil Seeds And Oleaginous Frui under Chapter 12.

Who Should Use HSN Code 12021011?

Manufacturers, wholesalers, retailers, and exporters dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality are required to mention HSN 12021011 on all tax documents. This classification under Oil Seeds And Oleaginous Frui applies to businesses of all sizes operating within Chapter 12. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Starting a business involving Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality? GST registration is mandatory for collecting and remitting taxes on HSN 12021011 goods. Companies planning international trade within Oil Seeds And Oleaginous Frui must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Proper use of HSN Code 12021011 for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality streamlines audit processes and supports valid credit claims. Stay updated on Nil, Nil, and Nil rates for Chapter 12 – Oil Seeds And Oleaginous Frui through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 12021011 belong to?

HSN Code 12021011 falls under Chapter 12 – Oil Seeds And Oleaginous Frui in the GST tariff schedule. This chapter covers various goods including Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality.

Is IGST applicable on Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality?

Yes, IGST at Nil is applicable when Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : 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 12021011?

Yes, e-commerce sellers dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Of Seed Quality must use HSN 12021011 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.

More HSN codes from Chapter 12

Back to Top