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.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 12019000

HSN Code 12019000 relates to the following description.

Description of Goods

Other

Chapter

12 - Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder

Sub Chapter

1201 - Soya beans, whether or not broken

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

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

India’s Trade Performance — HSN Code 12019000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹44 Cr

+13.39% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹744 Cr

−84.76% vs FY 2023-24

0.0122% of India’s total imports

Trade Balance

FY 2024-25

−₹700 Cr

Trade Deficit

Surplus rank #12071 of 12657 HSN codes

% of Sub-Chapter 1201

FY 2024-25

93.92%

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.

FY 2018-19 Exp. Rank #437

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

FY 2019-20 Exp. Rank #1072

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

FY 2020-21 Exp. Rank #1072

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

FY 2021-22 Exp. Rank #1347

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

FY 2022-23 Exp. Rank #1374

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

FY 2023-24 Exp. Rank #3883

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

FY 2024-25 Exp. Rank #3800

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

Consistently Deficit
Sub-Chapter 1201 total

reference, FY 2024-25

Export

₹46.71 Cr

Import

₹744.16 Cr

Trade Balance

−697.45

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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
+91
expand_more

* No credit card required

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.

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.