Under the GST regime, HSN Code 12022010 classifies Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. 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 Shelled, Whether Or Not Broken : Kernels, H.P.S.. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% 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... | 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... | 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 12022010
Tax liability for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. under HSN 12022010 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 12 – Oil Seeds And Oleaginous Frui products must use kg..
Who Should Use HSN Code 12022010?
Manufacturers, wholesalers, retailers, and exporters dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. are required to mention HSN 12022010 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
Looking to deal in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S.? GST registration is your first compliance requirement for HSN 12022010 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
Using HSN Code 12022010 accurately for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. 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)
What is the unit of measurement for HSN 12022010?
The standard unit of measurement for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. under HSN Code 12022010 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 12022010 mandatory for small businesses?
Yes, businesses dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. must use HSN 12022010 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S.?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 12022010 for Oil Seeds And Oleaginous Frui goods before invoicing.
Do I need AD Code registration for exporting Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S.?
Yes, AD Code registration is required for exporters dealing in Ground?Nuts, Not Roasted Or Otherwise Cooked, Whether Or Not Shelled Or Broken Shelled, Whether Or Not Broken : Kernels, H.P.S. under Oil Seeds And Oleaginous Frui. This registration links your bank account to process foreign currency payments from overseas buyers.
