Find GST Rates & HSN

HSN Code 12023090: Other Groundnuts for Sowing

HSN Code 12023090 represents Other Groundnuts for Sowing under GST classification. This code helps businesses identify Other Groundnuts for Sowing correctly for billing, taxation, and trade. With HSN Code 12023090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Groundnuts for Sowing.

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
+91

* No credit card required

Description of Goods for HSN Code 12023090

HSN Code 12023090 relates to the following description.

Description of Goods

Seed : Other

Chapter

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

Sub Chapter

1202 - Ground-nuts, not roasted or otherwise cooked, whether or not shelled or broken

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 12023090 not include?

Other Groundnuts for Sowing does not include products with the following descriptions.

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN IN SHELL : H.P.S : OF SEED QUALITY

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN IN SHELL : H.P.S : OTHER

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN IN SHELL : OTHER : OF SEED QUALITY

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN IN SHELL : OTHER : OTHER

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN SHELLED, WHETHER OR NOT BROKEN : KERNELS, H.P.S.

GROUND?NUTS, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN SHELLED, WHETHER OR NOT BROKEN : OTHER

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

* No credit card required

India’s Trade Performance — HSN Code 12023090 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

₹25 Cr

+297.42% vs FY 2024-25

0.0006% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹25 Cr

Trade Surplus

Surplus rank #2758 of 12872 HSN codes

% of Sub-Chapter 1202

FY 2025-26

0.40%

Share of Sub-Chapter 1202’s total exports in FY 2025-26

Import side: 0.07% of Sub-Chapter 1202’s imports

Rank Within Sub-Chapter 1202

FY 2025-26

#5 of 13

Position by export value among HSN codes in Sub-Chapter 1202

Import-side rank: #5 of 13

At a glance

−2.01%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#4757

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+297.42%

Peak Growth Year

FY 2025-26 · strongest single-year move

0.40%

Contribution to Sub-Ch. 1202

Share of Sub-Chapter 1202 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 12023090

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 #3640

Balance

+28.41

Exports

28.41 ₹ Cr

0.0012% share

— YoY

0.86% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1202

FY 2019-20 Exp. Rank #3900

Balance

+23.53

Exports

23.62 ₹ Cr

0.0011% share

−16.86% YoY

0.46% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.78% of Sub-Ch. 1202

FY 2020-21 Exp. Rank #5387

Balance

+7.76

Exports

7.76 ₹ Cr

0.0004% share

−67.15% YoY

0.14% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1202

FY 2021-22 Exp. Rank #6208

Balance

+5.65

Exports

5.65 ₹ Cr

0.0002% share

−27.19% YoY

0.12% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1202

FY 2022-23 Exp. Rank #6062

Balance

+7.11

Exports

7.11 ₹ Cr

0.0002% share

+25.84% YoY

0.11% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1202

FY 2023-24 Exp. Rank #5096

Balance

+15.82

Exports

15.82 ₹ Cr

0.0004% share

+122.50% YoY

0.22% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1202

FY 2024-25 Exp. Rank #6362

Balance

+6.20

Exports

6.20 ₹ Cr

0.0002% share

−60.81% YoY

0.09% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1202

FY 2025-26 Exp. Rank #4757

Balance

+24.62

Exports

24.64 ₹ Cr

0.0006% share

+297.42% YoY

0.40% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 1202

CAGR · 8-Year

Exports

−2.01% /yr

Imports

—

Consistently Surplus
Sub-Chapter 1202 total

reference, FY 2025-26

Export

₹6,092.22 Cr

Import

₹30.77 Cr

Trade Balance

+6,061.45

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

Key Trade Insights: HSN Code 12023090 Export-Import Analysis

Export Decline: −2.01% CAGR Over 8 Years

India's exports under HSN Code 12023090 have declined at a compound annual rate of −2.01% over 8 fiscal years, falling from ₹28.41 Crore in FY 2018-19 to ₹24.64 Crore in FY 2025-26.

HSN Code 12023090 Ranked #4757 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 12023090 ranks #4757 out of 12872 HSN codes by total export value. Within Sub-Chapter 1202, it ranks #5 of 13. By trade surplus, it ranks #2758 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 12023090 Exports

The strongest single-year export movement for HSN Code 12023090 was recorded in FY 2025-26, when exports surged by 297.42% over the prior year.

India Maintains a Trade Surplus of ₹24.62 Crore in HSN Code 12023090 Goods

In FY 2025-26, India's exports of ₹24.64 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹24.62 Crore — ranking #2758 of 12872 by surplus magnitude.

HSN Code 12023090 Contributes 0.40% of Sub-Chapter 1202 Exports — Ranked #5

Among the 13 HSN codes under Sub-Chapter 1202, HSN Code 12023090 ranks #5 by export value — accounting for 0.40% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.07% share (rank #5).

Frequently Asked Questions

Clear answers to common queries about HSN Code 12023090 and GST compliance.

What products are classified under HSN 12023090 ?

It includes Other Groundnuts for Sowing

Does packaging or labelling change the GST for Sheep/ Other?

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.

Can we claim ITC on inputs used to trade Sheep/ Other?

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.

How much GST applies to Sheep/ Other?

Under HSN 12023090, Sheep/ Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Sheep/ Other?

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 should mixed supplies be billed when Sheep/ Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sheep/ Other; Nil for exempt items if applicable).

Found this useful? Add BUSY as a preferred source to see more of us on Google.

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.