Under the GST regime, HSN Code 12092600 classifies Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed within Chapter 12 – Oil Seeds And Oleaginous Frui. This code is essential for businesses to correctly calculate and remit taxes on Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed. The applicable rates are CGST at don't us, SGST/UTGST at 2.5%/Nil for within-state sales, and IGST at 5%/Nil 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 12092600

Goods classified as Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed under HSN 12092600 are taxed based on transaction type. Local sales attract CGST at don't us plus SGST/UTGST at 2.5%/Nil. For supplies crossing state boundaries, IGST at 5%/Nil applies. Documentation must reflect kg. as the measurement standard for Chapter 12 – Oil Seeds And Oleaginous Frui products.

Who Should Use HSN Code 12092600?

Traders, manufacturers, and importers of Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed are required to mention HSN Code 12092600 on all GST documents. This Oil Seeds And Oleaginous Frui classification under Chapter 12 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Commencing trade in Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed? Secure GST registration to handle taxes on HSN 12092600 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

Accurate HSN Code 12092600 usage for Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed simplifies reconciliation and protects against penalties. Keep current with don't us, 2.5%/Nil, and 5%/Nil updates for Chapter 12 – Oil Seeds And Oleaginous Frui to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 12092600 belong to?

HSN Code 12092600 falls under Chapter 12 – Oil Seeds And Oleaginous Frui in the GST tariff schedule. This chapter covers various goods including Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed.

Is IGST applicable on Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed?

Yes, IGST at 5%/Nil is applicable when Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed is supplied interstate or imported. For local sales within a state, CGST at don't us and SGST/UTGST at 2.5%/Nil apply instead.

Can e-commerce sellers use HSN Code 12092600?

Yes, e-commerce sellers dealing in Seeds, Fruit And Spores, Of A Kind Used For Sowing Seeds Of Forage Plants : Timothy Grass Seed must use HSN 12092600 on their invoices. This applies to all online platforms operating under Oil Seeds And Oleaginous Frui classification.

How do I start an import business for Oil Seeds And Oleaginous Frui goods?

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.

More HSN codes from Chapter 12

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