HSN Code 12024210: Shelled kernels, H.P.S.

HSN Code 12024210 represents Shelled kernels, H.P.S. under GST classification. This code helps businesses identify Shelled kernels, H.P.S. 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 kernels, H.P.S..

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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 kernels, H.P.S. does not include products with the following descriptions.

HSN Code 12021011

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

HSN Code 12021019

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

HSN Code 12021091

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

HSN Code 12021099

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

HSN Code 12022010

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

HSN Code 12022090

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

India’s Trade Performance — HSN Code 12024210 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

₹6,476 Cr

−5.72% vs FY 2023-24

0.1759% of India’s total exports

India’s Imports

FY 2024-25

₹12 Cr

−34.75% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹6,464 Cr

Trade Surplus

Surplus rank #51 of 12657 HSN codes

% of Sub-Chapter 1202

FY 2024-25

96.24%

Share of Sub-Chapter 1202’s total exports in FY 2024-25

Import side: 99.00% of Sub-Chapter 1202’s imports

Rank Within Sub-Chapter 1202

FY 2024-25

#1 of 13

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

Import-side rank: #1 of 13

At a glance

12.82%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#71

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+56.74%

Peak Growth Year

FY 2019-20 · strongest single-year move

96.24%

Contribution to Sub-Ch. 1202

Share of Sub-Chapter 1202 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 12024210

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 #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

CAGR · 7-Year

Exports

12.82% /yr

Imports

7.01% /yr

Consistently Surplus
Sub-Chapter 1202 total

reference, FY 2024-25

Export

₹6,728.41 Cr

Import

₹11.97 Cr

Trade Balance

+6,716.44

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: 12.82% CAGR Over 7 Years

India's exports under HSN Code 12024210 have grown at a compound annual rate of 12.82% over 7 fiscal years, rising from ₹3,139.57 Crore in FY 2018-19 to ₹6,475.51 Crore in FY 2024-25.

HSN Code 12024210 Ranked #71 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 12024210 ranks #71 out of 12657 HSN codes by total export value. Within Sub-Chapter 1202, it ranks #1 of 13. By trade surplus, it ranks #51 of 12657.

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 ₹6,463.66 Crore in HSN Code 12024210 Goods

In FY 2024-25, India's exports of ₹6,475.51 Cr exceeded imports of ₹11.85 Cr, resulting in a trade surplus of ₹6,463.66 Crore — ranking #51 of 12657 by surplus magnitude.

Import Growth of 7.01% CAGR Signals Stable Import Dependency for Shelled kernels, H.P.S.

India's imports under HSN Code 12024210 have grown at 7.01% CAGR, reaching ₹11.85 Crore in FY 2024-25.

HSN Code 12024210 Contributes 96.24% 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 96.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 99.00% share (rank #1).

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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 kernels, H.P.S.

Any common misclassification issue with Shelled kernels, H.P.S.?

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 kernels, H.P.S.?

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 kernels, H.P.S.?

Under HSN 12024210, Shelled kernels, H.P.S. attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Shelled kernels, H.P.S. is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Shelled kernels, H.P.S.; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Shelled kernels, H.P.S.?

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 kernels, H.P.S.?

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.

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.