HSN Code 12024220: Shelled kernels, others

HSN Code 12024220 represents Shelled kernels, others under GST classification. This code helps businesses identify Shelled kernels, others correctly for billing, taxation, and trade. With HSN Code 12024220, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shelled kernels, others.

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Description of Goods for HSN Code 12024220

HSN Code 12024220 relates to the following description.

Description of Goods

Other : Shelled, whether or not broken : Kernels, others

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 12024220 not include?

Shelled kernels, others 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

India’s Trade Performance — HSN Code 12024220 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

₹72 Cr

−30.68% vs FY 2023-24

0.0020% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−71.05% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹72 Cr

Trade Surplus

Surplus rank #1859 of 12657 HSN codes

% of Sub-Chapter 1202

FY 2024-25

1.07%

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

Import side: 0.92% of Sub-Chapter 1202’s imports

Rank Within Sub-Chapter 1202

FY 2024-25

#3 of 13

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

Import-side rank: #2 of 13

At a glance

4.40%

Export CAGR

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

#3104

National Export Rank

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

+95.22%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.07%

Contribution to Sub-Ch. 1202

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

India Export-Import Trade Statistics for HSN Code 12024220

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 #2713

Balance

+55.85

Exports

55.85 ₹ Cr

0.0024% share

YoY

1.69% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1202

FY 2019-20 Exp. Rank #2692

Balance

+57.16

Exports

57.35 ₹ Cr

0.0026% share

+2.69% YoY

1.13% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.66% of Sub-Ch. 1202

FY 2020-21 Exp. Rank #2610

Balance

+63.19

Exports

63.19 ₹ Cr

0.0029% share

+10.18% YoY

1.17% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1202

FY 2021-22 Exp. Rank #3372

Balance

+49.27

Exports

49.54 ₹ Cr

0.0016% share

−21.60% YoY

1.05% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

2.88% of Sub-Ch. 1202

FY 2022-23 Exp. Rank #2575

Balance

+96.71

Exports

96.71 ₹ Cr

0.0027% share

+95.22% YoY

1.44% of Sub-Ch. 1202

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1202

FY 2023-24 Exp. Rank #2526

Balance

+103.94

Exports

104.32 ₹ Cr

0.0029% share

+7.87% YoY

1.46% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

2.02% of Sub-Ch. 1202

FY 2024-25 Exp. Rank #3104

Balance

+72.20

Exports

72.31 ₹ Cr

0.0020% share

−30.68% YoY

1.07% of Sub-Ch. 1202

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−71.05% YoY

0.92% of Sub-Ch. 1202

CAGR · 7-Year

Exports

4.40% /yr

Imports

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 12024220 Export-Import Analysis

Consistent Export Growth: 4.40% CAGR Over 7 Years

India's exports under HSN Code 12024220 have grown at a compound annual rate of 4.40% over 7 fiscal years, rising from ₹55.85 Crore in FY 2018-19 to ₹72.31 Crore in FY 2024-25.

HSN Code 12024220 Ranked #3104 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 12024220 ranks #3104 out of 12657 HSN codes by total export value. Within Sub-Chapter 1202, it ranks #3 of 13. By trade surplus, it ranks #1859 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 12024220 Exports

The strongest single-year export movement for HSN Code 12024220 was recorded in FY 2022-23, when exports surged by 95.22% over the prior year.

India Maintains a Trade Surplus of ₹72.20 Crore in HSN Code 12024220 Goods

In FY 2024-25, India's exports of ₹72.31 Cr exceeded imports of ₹0.11 Cr, resulting in a trade surplus of ₹72.20 Crore — ranking #1859 of 12657 by surplus magnitude.

HSN Code 12024220 Contributes 1.07% of Sub-Chapter 1202 Exports — Ranked #3

Among the 13 HSN codes under Sub-Chapter 1202, HSN Code 12024220 ranks #3 by export value — accounting for 1.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.92% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 12024220 and GST compliance.

What products are classified under HSN 12024220 ?

It includes Shelled kernels, others

How should mixed supplies be billed when Shelled kernels, others is sold with other items?

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

Any common misclassification issue with Shelled kernels, others?

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, others?

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, others?

Under HSN 12024220, Shelled kernels, others 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 Shelled kernels, others?

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, others?

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.