HSN Code 12079940 provides the tax classification for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam 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 Other : Other : Kokam must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. 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 12079940
Tax liability for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam under HSN 12079940 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 12079940?
Manufacturers, wholesalers, retailers, and exporters dealing in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam are required to mention HSN 12079940 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 Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam? Secure GST registration to handle taxes on HSN 12079940 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
Proper use of HSN Code 12079940 for Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 12 – Oil Seeds And Oleaginous Frui through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 12079940 falls under Chapter 12 – Oil Seeds And Oleaginous Frui in the GST tariff schedule. This chapter covers various goods including Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam.
Yes, IGST at 5.00% is applicable when Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Yes, e-commerce sellers dealing in Other Oil Seeds And Oleaginous Fruits, Whether Or Not Broken Other : Other : Kokam must use HSN 12079940 on their invoices. This applies to all online platforms operating under Oil Seeds And Oleaginous Frui classification.
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.