Consistent Export Growth: 6.03% CAGR Over 8 Years
India's exports under HSN Chapter 12 have grown at a compound annual rate of 6.03% over 8 fiscal years, rising from ₹11,449.91 Crore in FY 2018-19 to ₹17,251.50 Crore in FY 2025-26.
Find GST Rates & HSN
12 HSN Code: Oil Seeds, Grains, Medicinal Plants and Straw
HSN Chapter 12 represents Oil Seeds, Grains, Medicinal Plants and Straw under GST classification. This code helps businesses identify Oil Seeds, Grains, Medicinal Plants and Straw correctly for billing, taxation, and trade purposes. With HSN Chapter 12, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Oil Seeds, Grains, Medicinal Plants and Straw.
Free Live Demo Available Today
Don’t Let HSN Mistakes Affect Your GST Filing
Manage correct HSN codes and GST rates with BUSY.
Trusted by 6,00,000+ Users
4.5 Google Rating
40K+ Monthly Downloads
Free Mobile App
Sub-chapters under HSN Chapter 12
Following Sub Chapters fall under Oil Seeds, Grains, Medicinal Plants and Straw:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Soya beans, whether or not broken
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Ground-nuts, not roasted or otherwise cooked, whether or not shelled or broken
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Linseed, whether or not broken
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Rape or colza seeds, whether or not broken
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Sunflower seeds, whether or not broken
Sub Chapter
New GST Rate
0% or 5%
Exempt when of seed quality; 5% otherwise.
Old GST Rate
0% or 5%
Description
Other oil seeds and oleaginous fruits whether or not broken
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Flours and meals of oil seeds or oleaginous fruits, other than those of mustard
Sub Chapter
New GST Rate
0
%
Exempted
Exempt as sowing seed; 5% if the seeds are meant for any use other than sowing.
Old GST Rate
0
%
Description
Seeds, fruit and spores, of a kind used for sowing
Sub Chapter
New GST Rate
0% or 5%
Exempt for hop cones not ground, powdered or pelletised; 5% for ground, powdered or pelletised hop cones and lupulin.
Old GST Rate
0
%
Description
Hop cones, fresh or dried, whether or not ground, powdered or in the form of pellets; lupulin
Sub Chapter
New GST Rate
0% or 5%
Exempt (0%) when fresh or chilled; 5% when frozen or dried. Psyllium seeds (isabgol, 1211 90 13) are exempt (0%) in any form from 1 Nov 2026. Source: Notification 10/2025-Central Tax (Rate), S. No. 87 and S. No. 87A (inserted by Notification 03/2026-Central Tax (Rate)).
Old GST Rate
0% or 5%
Description
Plants and parts of plants (including seeds and fruits), of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purpose, fresh or dried, whether or not cut, crushed or powdered
Sub Chapter
New GST Rate
0% or 5%
Exempt for fresh or chilled locust beans, seaweeds, sugar beet and sugar cane and seed-quality goods; 5% for the rest.
Old GST Rate
0% or 5%
Description
Locust beans, seaweeds and other algae, sugar beet and sugarcane, fresh, chilled, frozen or dried, whether or not ground; fruit stones and kernels and other vegetable products (including unroasted chicory roots of the variety ci-chorium intybus sativum) of a kind used primarily for human consumption, not elsewhere specified or included
Sub Chapter
New GST Rate
0
%
Exempted
Old GST Rate
0
%
Description
Cereal straw and husks, unprepared whether or not chopped, ground, pressed or in the form of pellets
Sub Chapter
New GST Rate
0
%
Exempted
Old GST Rate
0
%
Description
Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
India’s Trade Performance — HSN Chapter 12 in FY 2025-26
TradeStat EIDB — Ministry of Commerce & Industry
FY 2018-19–FY 2025-26
Values in ₹ Crore
India’s Exports
FY 2025-26₹17,252 Cr
−4.14%
vs FY 2024-25
0.4422% of India’s total exports
India’s Imports
FY 2025-26₹7,728 Cr
+0.36%
vs FY 2024-25
0.1127% of India’s total imports
Trade Balance
FY 2025-26₹9,524 Cr
Trade Surplus
Surplus rank #20 of 97 chapters
At a glance
6.03%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#42
National Export Rank
of 97 chapters by export value, FY 2025-26
+23.80%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.5×
Export Growth · 8Y
₹11,449.91 Cr → ₹17,251.50 Cr
India Export-Import Trade Statistics for HSN Chapter 12
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
FY 2018-19
Exp. Rank #38
Balance
+7,464.07
Exports
11,449.91 ₹ Cr
0.4964% share
— YoY
Imports
3,985.84 ₹ Cr
0.1109% share
— YoY
FY 2019-20
Exp. Rank #35
Balance
+7,120.93
Exports
12,585.04 ₹ Cr
0.5673% share
+9.91% YoY
Imports
5,464.11 ₹ Cr
0.1626% share
+37.09% YoY
FY 2020-21
Exp. Rank #37
Balance
+7,913.67
Exports
13,493.55 ₹ Cr
0.6252% share
+7.22% YoY
Imports
5,579.88 ₹ Cr
0.1914% share
+2.12% YoY
FY 2021-22
Exp. Rank #40
Balance
+6,273.71
Exports
13,029.49 ₹ Cr
0.4141% share
−3.44% YoY
Imports
6,755.78 ₹ Cr
0.1477% share
+21.07% YoY
FY 2022-23
Exp. Rank #38
Balance
+8,232.99
Exports
16,130.48 ₹ Cr
0.4455% share
+23.80% YoY
Imports
7,897.49 ₹ Cr
0.1374% share
+16.90% YoY
FY 2023-24
Exp. Rank #38
Balance
+7,313.61
Exports
17,746.20 ₹ Cr
0.4905% share
+10.02% YoY
Imports
10,432.59 ₹ Cr
0.1858% share
+32.10% YoY
FY 2024-25
Exp. Rank #38
Balance
+10,296.46
Exports
17,996.47 ₹ Cr
0.4859% share
+1.41% YoY
Imports
7,700.01 ₹ Cr
0.1263% share
−26.19% YoY
FY 2025-26
Exp. Rank #42
Balance
+9,523.72
Exports
17,251.50 ₹ Cr
0.4422% share
−4.14% YoY
Imports
7,727.78 ₹ Cr
0.1127% share
+0.36% YoY
CAGR · 8-Year
Exports
6.03% /yr
Imports
9.92% /yr
Consistently Surplus
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 12 Export-Import Analysis
HSN Chapter 12 Ranked #42 Among All 97 Chapters by Export Value
In FY 2025-26, HSN Chapter 12 ranks #42 out of 97 chapters by total export value. By trade surplus, it ranks #20 of 97.
FY 2022-23 Was the Strongest Growth Year for HSN Chapter 12 Exports
The strongest single-year export movement for HSN Chapter 12 was recorded in FY 2022-23, when exports surged by 23.80% over the prior year.
India Maintains a Trade Surplus of ₹9,523.72 Crore in HSN Chapter 12 Goods
In FY 2025-26, India's exports of ₹17,251.50 Cr exceeded imports of ₹7,727.78 Cr, resulting in a trade surplus of ₹9,523.72 Crore — ranking #20 of 97 by surplus magnitude.
Import Growth of 9.92% CAGR Signals Stable Import Dependency for Oil Seeds, Grains, Medicinal Plants and Straw
India's imports under HSN Chapter 12 have grown at 9.92% CAGR, reaching ₹7,727.78 Crore in FY 2025-26.
Important Disclaimer
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.