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HSN Code 12024210: Shelled Groundnut Kernels, Hand-Picked Selected

HSN Code 12024210 represents Shelled Groundnut Kernels, Hand-Picked Selected under GST classification. This code helps businesses identify Shelled Groundnut Kernels, Hand-Picked Selected correctly for billing, taxation, and trade. With HSN Code 12024210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shelled Groundnut Kernels, Hand-Picked Selected.

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Description of Goods for HSN Code 12024210

HSN Code 12024210 relates to the following description.

Description of Goods

Other : Shelled, whether or not broken : Kernels, H.P.S.

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

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 12024210 not include?

Shelled Groundnut Kernels, Hand-Picked Selected 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

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India’s Trade Performance — HSN Code 12024210 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

₹5,708 Cr

−11.86% vs FY 2024-25

0.1463% of India’s total exports

India’s Imports

FY 2025-26

₹30 Cr

+154.85% vs FY 2024-25

0.0004% of India’s total imports

Trade Balance

FY 2025-26

₹5,678 Cr

Trade Surplus

Surplus rank #55 of 12872 HSN codes

% of Sub-Chapter 1202

FY 2025-26

93.69%

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

Import side: 98.15% of Sub-Chapter 1202’s imports

Rank Within Sub-Chapter 1202

FY 2025-26

#1 of 13

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

Import-side rank: #1 of 13

At a glance

8.91%

Export CAGR

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

#90

National Export Rank

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

+56.74%

Peak Growth Year

FY 2019-20 · strongest single-year move

93.69%

Contribution to Sub-Ch. 1202

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

India Export-Import Trade Statistics for HSN Code 12024210

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 #98

Balance

+3,131.68

Exports

3,139.57 ₹ Cr

0.1374% share

— YoY

95.22% of Sub-Ch. 1202

Imports

7.89 ₹ Cr

0.0002% share

— YoY

96.93% of Sub-Ch. 1202

FY 2019-20 Exp. Rank #56

Balance

+4,910.08

Exports

4,921.11 ₹ Cr

0.2236% share

+56.74% YoY

96.56% of Sub-Ch. 1202

Imports

11.03 ₹ Cr

0.0003% share

+39.80% YoY

96.16% of Sub-Ch. 1202

FY 2020-21 Exp. Rank #51

Balance

+5,204.47

Exports

5,212.42 ₹ Cr

0.2423% share

+5.92% YoY

96.88% of Sub-Ch. 1202

Imports

7.95 ₹ Cr

0.0003% share

−27.92% YoY

100.00% of Sub-Ch. 1202

FY 2021-22 Exp. Rank #93

Balance

+4,548.91

Exports

4,557.97 ₹ Cr

0.1452% share

−12.56% YoY

97.04% of Sub-Ch. 1202

Imports

9.06 ₹ Cr

0.0002% share

+13.96% YoY

96.69% of Sub-Ch. 1202

FY 2022-23 Exp. Rank #69

Balance

+6,418.65

Exports

6,431.22 ₹ Cr

0.1776% share

+41.10% YoY

95.48% of Sub-Ch. 1202

Imports

12.57 ₹ Cr

0.0002% share

+38.74% YoY

97.67% of Sub-Ch. 1202

FY 2023-24 Exp. Rank #67

Balance

+6,850.19

Exports

6,868.35 ₹ Cr

0.1898% share

+6.80% YoY

96.26% of Sub-Ch. 1202

Imports

18.16 ₹ Cr

0.0003% share

+44.47% YoY

96.65% of Sub-Ch. 1202

FY 2024-25 Exp. Rank #71

Balance

+6,463.66

Exports

6,475.51 ₹ Cr

0.1759% share

−5.72% YoY

96.24% of Sub-Ch. 1202

Imports

11.85 ₹ Cr

0.0002% share

−34.75% YoY

99.00% of Sub-Ch. 1202

FY 2025-26 Exp. Rank #90

Balance

+5,677.50

Exports

5,707.70 ₹ Cr

0.1463% share

−11.86% YoY

93.69% of Sub-Ch. 1202

Imports

30.20 ₹ Cr

0.0004% share

+154.85% YoY

98.15% of Sub-Ch. 1202

CAGR · 8-Year

Exports

8.91% /yr

Imports

21.14% /yr

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 12024210 Export-Import Analysis

Consistent Export Growth: 8.91% CAGR Over 8 Years

India's exports under HSN Code 12024210 have grown at a compound annual rate of 8.91% over 8 fiscal years, rising from ₹3,139.57 Crore in FY 2018-19 to ₹5,707.70 Crore in FY 2025-26.

HSN Code 12024210 Ranked #90 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 12024210 ranks #90 out of 12872 HSN codes by total export value. Within Sub-Chapter 1202, it ranks #1 of 13. By trade surplus, it ranks #55 of 12872.

FY 2019-20 Was the Strongest Growth Year for HSN Code 12024210 Exports

The strongest single-year export movement for HSN Code 12024210 was recorded in FY 2019-20, when exports surged by 56.74% over the prior year.

India Maintains a Trade Surplus of ₹5,677.50 Crore in HSN Code 12024210 Goods

In FY 2025-26, India's exports of ₹5,707.70 Cr exceeded imports of ₹30.20 Cr, resulting in a trade surplus of ₹5,677.50 Crore — ranking #55 of 12872 by surplus magnitude.

Import Growth of 21.14% CAGR Signals Rising Demand for Shelled Groundnut Kernels, Hand-Picked Selected

India's imports under HSN Code 12024210 have grown at 21.14% CAGR, reaching ₹30.20 Crore in FY 2025-26.

HSN Code 12024210 Contributes 93.69% of Sub-Chapter 1202 Exports — Ranked #1

Among the 13 HSN codes under Sub-Chapter 1202, HSN Code 12024210 ranks #1 by export value — accounting for 93.69% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 98.15% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 12024210 and GST compliance.

What products are classified under HSN 12024210 ?

It includes Shelled Groundnut Kernels, Hand-Picked Selected

Any common misclassification issue with Shelled Groundnut Kernels, Hand-Picked Selected?

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.

Does packaging or labelling change the GST for Shelled Groundnut Kernels, Hand-Picked Selected?

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.

How much GST applies to Shelled Groundnut Kernels, Hand-Picked Selected?

Under HSN 12024210, Shelled Groundnut Kernels, Hand-Picked Selected attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Shelled Groundnut Kernels, Hand-Picked Selected is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Shelled Groundnut Kernels, Hand-Picked Selected; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Shelled Groundnut Kernels, Hand-Picked Selected?

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.

Can we claim ITC on inputs used to trade Shelled Groundnut Kernels, Hand-Picked Selected?

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.

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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.