Under the GST regime, HSN Code 15121990 classifies Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other within Chapter 15 – Animal Or Vegetable Fats And. This code is essential for businesses to correctly calculate and remit taxes on Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using kg..
HSN Codes under Chapter 15 – Animal Or Vegetable Fats And
Below are related HSN codes from Chapter 15 – Animal Or Vegetable Fats And for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Animal Or Vegetable Fats And... | 15011000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6% | 6% | 12.00% |
| Animal Or Vegetable Fats And... | 15012000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15019000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15021010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15021090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029020 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15030000 | Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And ... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15041010 | Fats And Oils And Their Fractions, Of Fish Or Mari... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 15121990
Goods classified as Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other under HSN 15121990 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 15 – Animal Or Vegetable Fats And products.
Who Should Use HSN Code 15121990?
Any business engaged in supplying Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other must apply HSN 15121990 on invoices. The Animal Or Vegetable Fats And category under Chapter 15 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Planning to trade in Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other? Complete GST registration to legally collect taxes on goods under HSN 15121990. Businesses importing or exporting Animal Or Vegetable Fats And 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
Accurate HSN Code 15121990 usage for Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 15 – Animal Or Vegetable Fats And to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 15121990 used for?
HSN Code 15121990 is used to classify Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other under Chapter 15 – Animal Or Vegetable Fats And 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 15121990?
For Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Do I need GST registration to trade in Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other?
Yes, GST registration is mandatory for businesses dealing in Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other under HSN 15121990. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Sunflower Seed, Safflower Or Cotton Seed Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Sunflower Seed Or Safflower Oil And Fractions Thereof : Other : Other?
For importing goods under Animal Or Vegetable Fats And, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
