Within Chapter 12 – Oil Seeds And Oleaginous Frui, HSN Code 12021019 serves as the official classification for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other. This code determines tax rates and compliance obligations for all entities trading in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in 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... 12021011 Ground?Nuts, Not Roasted Or Otherwise Cooked, Whet... Nil Nil Nil
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 12021019

Goods classified as Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other under HSN 12021019 are taxed based on transaction type. Local sales attract CGST at 0.025 plus SGST/UTGST at 0.025. For supplies crossing state boundaries, IGST at 0.05 applies. Documentation must reflect kg. as the measurement standard for Chapter 12 – Oil Seeds And Oleaginous Frui products.

Who Should Use HSN Code 12021019?

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 : Other are required to mention HSN 12021019 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

Commencing trade in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other? Secure GST registration to handle taxes on HSN 12021019 classified goods. Businesses with international operations in Oil Seeds And Oleaginous Frui need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Using HSN Code 12021019 accurately for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 12 – Oil Seeds And Oleaginous Frui to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is HSN Code 12021019 used for?

HSN Code 12021019 is used to classify Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other under Chapter 12 – Oil Seeds And Oleaginous Frui for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 12021019?

For Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.

Do I need GST registration to trade in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other?

Yes, GST registration is mandatory for businesses dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other under HSN 12021019. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : H.P.S : Other?

For importing goods under Oil Seeds And Oleaginous Frui, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 12

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