Chapter 12 of the GST framework covers Oil Seeds And Oleaginous Frui, and HSN Code 12021099 specifically identifies Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard 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... | 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... | 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... | 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 12021099
Goods classified as Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other under HSN 12021099 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 12 – Oil Seeds And Oleaginous Frui products.
Who Should Use HSN Code 12021099?
Every entity transacting in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other must quote HSN Code 12021099 on invoices. This includes traders, distributors, and e-commerce sellers operating under Oil Seeds And Oleaginous Frui. Chapter 12 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other? GST registration is mandatory for collecting and remitting taxes on HSN 12021099 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
Using HSN Code 12021099 accurately for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 12 – Oil Seeds And Oleaginous Frui to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 12021099 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 12021099 for accurate classification of Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other.
Can I claim input tax credit on Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other purchases?
Yes, registered businesses can claim input tax credit on Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other purchases made under HSN 12021099. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
What is the difference between CGST and IGST for HSN 12021099?
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other domestically?
No, Import Export Code is only required if you plan to import or export Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken In Shell : Other : Other internationally. For domestic trade within Oil Seeds And Oleaginous Frui, GST registration is sufficient.
