HSN Code 12074010 provides the tax classification for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality under Chapter 12 – Oil Seeds And Oleaginous Frui of the GST tariff. Businesses dealing in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : 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... 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... 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%

GST Rates for HSN 12074010

The tax structure for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality under HSN Code 12074010 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 12074010?

All businesses supplying Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality are obligated to use HSN 12074010 on tax invoices. From producers to retailers within Oil Seeds And Oleaginous Frui, Chapter 12 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Planning to trade in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality? Complete GST registration to legally collect taxes on goods under HSN 12074010. Businesses importing or exporting Oil Seeds And Oleaginous Frui products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Using HSN Code 12074010 accurately for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality avoids compliance issues and facilitates credit claims. Monitor changes to Nil, Nil, and Nil 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 12074010 used for?

HSN Code 12074010 is used to classify Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality 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 12074010?

For Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality, CGST applies at Nil and SGST/UTGST at Nil for intrastate supplies. Interstate transactions are taxed under IGST at Nil.

Do I need GST registration to trade in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality?

Yes, GST registration is mandatory for businesses dealing in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality under HSN 12074010. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Sesamum Seeds : Of Seed Quality?

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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