Within Chapter 12 – Oil Seeds And Oleaginous Frui, HSN Code 12099140 serves as the official classification for Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea. This code determines tax rates and compliance obligations for all entities trading in Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea. CGST applies at don't us, SGST/UTGST at 2.5%/Nil for local transactions, and IGST at 5%/Nil for interstate supplies. Measurement is standardized in 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 12099140
Goods classified as Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea under HSN 12099140 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 12099140?
Every entity transacting in Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea must quote HSN Code 12099140 on invoices. This includes traders, distributors, and e-commerce sellers operating under Oil Seeds And Oleaginous Frui. Chapter 12 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Entering the Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea market requires essential registrations. GST registration enables legal tax collection on HSN 12099140 goods. For cross-border trade in Oil Seeds And Oleaginous Frui items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 12099140 application for Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea ensures smooth input credit utilization and assessment processes. Track don't us, 2.5%/Nil, and 5%/Nil rate changes for Chapter 12 – Oil Seeds And Oleaginous Frui through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 12099140 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 12099140 for accurate classification of Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea.
Can I claim input tax credit on Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea purchases?
Yes, registered businesses can claim input tax credit on Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea purchases made under HSN 12099140. Ensure your supplier mentions correct HSN code and GST rates (don't us, 2.5%/Nil) on the invoice.
What is the difference between CGST and IGST for HSN 12099140?
CGST at don't us plus SGST/UTGST at 2.5%/Nil applies when Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea is sold within the same state. IGST at 5%/Nil is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea domestically?
No, Import Export Code is only required if you plan to import or export Seeds, Fruit And Spores, Of A Kind Used For Sowing Other : Vegetable Seeds : Of Pea internationally. For domestic trade within Oil Seeds And Oleaginous Frui, GST registration is sufficient.
