HSN Code 12019000: Soya Beans, Whether or Not Broken
HSN Code 12019000 represents Soya Beans, Whether or Not Broken under GST classification. This code helps businesses identify Soya Beans, Whether or Not Broken correctly for billing, taxation, and trade. With HSN Code 12019000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Soya Beans, Whether or Not Broken.
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Description of Goods for HSN Code 12019000
HSN Code 12019000 relates to the following description.
What does HSN Code 12019000 not include?
Soya Beans, Whether or Not Broken does not include products with the following descriptions.
SOYA BEANS, WHETHER OR NOT BROKEN SOYA BEANS, WHETHER OR NOT BROKEN : OF SEED QUALITY
SOYA BEANS, WHETHER OR NOT BROKEN SOYA BEANS, WHETHER OR NOT BROKEN : OTHER
Seed
India’s Trade Performance — HSN Code 12019000 in FY 2024-25
India’s Exports
FY 2024-25₹44 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹744 Cr
0.0122% of India’s total imports
Trade Balance
FY 2024-25−₹700 Cr
Surplus rank #12071 of 12657 HSN codes
% of Sub-Chapter 1201
FY 2024-2593.92%
Share of Sub-Chapter 1201’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 1201’s imports
Rank Within Sub-Chapter 1201
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 1201
Import-side rank: #1 of 4
At a glance
−37.78%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3800
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+13.39%
Peak Growth Year
FY 2024-25 · strongest single-year move
93.92%
Contribution to Sub-Ch. 1201
Share of Sub-Chapter 1201 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 12019000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+220.92
Exports
755.81 ₹ Cr
0.0331% share
— YoY
93.27% of Sub-Ch. 1201
Imports
534.89 ₹ Cr
0.0149% share
— YoY
99.74% of Sub-Ch. 1201
Balance
−1,034.01
Exports
270.83 ₹ Cr
0.0123% share
−64.17% YoY
86.64% of Sub-Ch. 1201
Imports
1,304.84 ₹ Cr
0.0390% share
+143.95% YoY
96.92% of Sub-Ch. 1201
Balance
−1,665.10
Exports
279.41 ₹ Cr
0.0130% share
+3.17% YoY
89.01% of Sub-Ch. 1201
Imports
1,944.51 ₹ Cr
0.0667% share
+49.02% YoY
97.58% of Sub-Ch. 1201
Balance
−3,862.50
Exports
275.69 ₹ Cr
0.0088% share
−1.33% YoY
88.52% of Sub-Ch. 1201
Imports
4,138.19 ₹ Cr
0.0905% share
+112.81% YoY
99.96% of Sub-Ch. 1201
Balance
−3,029.64
Exports
285.05 ₹ Cr
0.0079% share
+3.40% YoY
98.86% of Sub-Ch. 1201
Imports
3,314.69 ₹ Cr
0.0577% share
−19.90% YoY
100.00% of Sub-Ch. 1201
Balance
−4,844.32
Exports
38.69 ₹ Cr
0.0011% share
−86.43% YoY
93.82% of Sub-Ch. 1201
Imports
4,883.01 ₹ Cr
0.0870% share
+47.31% YoY
100.00% of Sub-Ch. 1201
Balance
−700.29
Exports
43.87 ₹ Cr
0.0012% share
+13.39% YoY
93.92% of Sub-Ch. 1201
Imports
744.16 ₹ Cr
0.0122% share
−84.76% YoY
100.00% of Sub-Ch. 1201
CAGR · 7-Year
Exports
−37.78% /yr
Imports
5.66% /yr
reference, FY 2024-25
Export
₹46.71 Cr
Import
₹744.16 Cr
Trade Balance
−697.45
Key Trade Insights: HSN Code 12019000 Export-Import Analysis
Export Decline: −37.78% CAGR Over 7 Years
India's exports under HSN Code 12019000 have declined at a compound annual rate of −37.78% over 7 fiscal years, falling from ₹755.81 Crore in FY 2018-19 to ₹43.87 Crore in FY 2024-25.
HSN Code 12019000 Ranked #3800 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 12019000 ranks #3800 out of 12657 HSN codes by total export value. Within Sub-Chapter 1201, it ranks #1 of 4. By trade surplus, it ranks #12071 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 12019000 Exports
The strongest single-year export movement for HSN Code 12019000 was recorded in FY 2024-25, when exports surged by 13.39% over the prior year.
India Records a Trade Deficit of ₹700.29 Crore in HSN Code 12019000 Goods
In FY 2024-25, India's imports of ₹744.16 Cr exceeded exports of ₹43.87 Cr, resulting in a trade deficit of ₹700.29 Crore — ranking #12071 of 12657 by surplus magnitude.
Import Growth of 5.66% CAGR Signals Stable Import Dependency for Soya Beans, Whether or Not Broken
India's imports under HSN Code 12019000 have grown at 5.66% CAGR, reaching ₹744.16 Crore in FY 2024-25.
HSN Code 12019000 Contributes 93.92% of Sub-Chapter 1201 Exports — Ranked #1
Among the 4 HSN codes under Sub-Chapter 1201, HSN Code 12019000 ranks #1 by export value — accounting for 93.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 12019000 and GST compliance.
What products are classified under HSN 12019000 ?
It includes Soya Beans, Whether or Not Broken
How should mixed supplies be billed when Soya Beans, Whether or Not Broken is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Soya Beans, Whether or Not Broken; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Soya Beans, Whether or Not Broken?
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Soya Beans, Whether or Not Broken?
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
How much GST applies to Soya Beans, Whether or Not Broken?
Under HSN 12019000, Soya Beans, Whether or Not Broken attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Do e‑way bill and e‑invoice apply for Soya Beans, Whether or Not Broken?
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Does packaging or labelling change the GST for Soya Beans, Whether or Not Broken?
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.