Under the GST regime, HSN Code 12089000 classifies Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other within Chapter 12 – Oil Seeds And Oleaginous Frui. This code is essential for businesses to correctly calculate and remit taxes on Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other. The applicable rates are CGST at 0.025, SGST/UTGST at 0.025 for within-state sales, and IGST at 0.05 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... | 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 12089000
Goods classified as Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other under HSN 12089000 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 12089000?
Manufacturers, wholesalers, retailers, and exporters dealing in Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other are required to mention HSN 12089000 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 Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other? GST registration is your first compliance requirement for HSN 12089000 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
Accurate HSN Code 12089000 usage for Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 12 – Oil Seeds And Oleaginous Frui to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 12089000 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 12089000 for accurate classification of Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other.
Can I claim input tax credit on Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other purchases?
Yes, registered businesses can claim input tax credit on Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other purchases made under HSN 12089000. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.
What is the difference between CGST and IGST for HSN 12089000?
CGST at 0.025 plus SGST/UTGST at 0.025 applies when Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other domestically?
No, Import Export Code is only required if you plan to import or export Flours And Meals Of Oil Seeds Or Oleaginous Fruits, Other Than Those Of Mustard Other internationally. For domestic trade within Oil Seeds And Oleaginous Frui, GST registration is sufficient.
