HSN Code 12040090: Linseed, Whether Or Not Broken| Other
HSN Code 12040090 represents Linseed, Whether Or Not Broken| Other under GST classification. This code helps businesses identify Linseed, Whether Or Not Broken| Other correctly for billing, taxation, and trade. With HSN Code 12040090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Linseed, Whether Or Not Broken| Other.
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Description of Goods for HSN Code 12040090
HSN Code 12040090 relates to the following description.
What does HSN Code 12040090 not include?
Linseed, Whether Or Not Broken| Other does not include products with the following descriptions.
Linseed, whether or not broken: of seed quality
Linseed, whether or not broken: of seed quality
India’s Trade Performance — HSN Code 12040090 in FY 2024-25
India’s Exports
FY 2024-25₹169 Cr
0.0046% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹169 Cr
Surplus rank #1255 of 12657 HSN codes
% of Sub-Chapter 1204
FY 2024-2598.19%
Share of Sub-Chapter 1204’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 1204’s imports
Rank Within Sub-Chapter 1204
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 1204
Import-side rank: #1 of 2
At a glance
16.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2025
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+38.36%
Peak Growth Year
FY 2022-23 · strongest single-year move
98.19%
Contribution to Sub-Ch. 1204
Share of Sub-Chapter 1204 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 12040090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+63.36
Exports
66.09 ₹ Cr
0.0029% share
— YoY
89.25% of Sub-Ch. 1204
Imports
2.73 ₹ Cr
0.0001% share
— YoY
77.34% of Sub-Ch. 1204
Balance
+72.25
Exports
74.40 ₹ Cr
0.0034% share
+12.57% YoY
91.99% of Sub-Ch. 1204
Imports
2.15 ₹ Cr
0.0001% share
−21.25% YoY
100.00% of Sub-Ch. 1204
Balance
+83.56
Exports
84.76 ₹ Cr
0.0039% share
+13.92% YoY
98.68% of Sub-Ch. 1204
Imports
1.20 ₹ Cr
0.0000% share
−44.19% YoY
100.00% of Sub-Ch. 1204
Balance
+116.69
Exports
116.80 ₹ Cr
0.0037% share
+37.80% YoY
99.13% of Sub-Ch. 1204
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−90.83% YoY
17.19% of Sub-Ch. 1204
Balance
+161.03
Exports
161.60 ₹ Cr
0.0045% share
+38.36% YoY
98.97% of Sub-Ch. 1204
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+418.18% YoY
100.00% of Sub-Ch. 1204
Balance
+146.57
Exports
147.50 ₹ Cr
0.0041% share
−8.73% YoY
98.27% of Sub-Ch. 1204
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+63.16% YoY
100.00% of Sub-Ch. 1204
Balance
+169.42
Exports
169.45 ₹ Cr
0.0046% share
+14.88% YoY
98.19% of Sub-Ch. 1204
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.77% YoY
100.00% of Sub-Ch. 1204
CAGR · 7-Year
Exports
16.99% /yr
Imports
−52.85% /yr
reference, FY 2024-25
Export
₹172.58 Cr
Import
₹0.03 Cr
Trade Balance
+172.55
Key Trade Insights: HSN Code 12040090 Export-Import Analysis
Consistent Export Growth: 16.99% CAGR Over 7 Years
India's exports under HSN Code 12040090 have grown at a compound annual rate of 16.99% over 7 fiscal years, rising from ₹66.09 Crore in FY 2018-19 to ₹169.45 Crore in FY 2024-25.
HSN Code 12040090 Ranked #2025 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 12040090 ranks #2025 out of 12657 HSN codes by total export value. Within Sub-Chapter 1204, it ranks #1 of 2. By trade surplus, it ranks #1255 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 12040090 Exports
The strongest single-year export movement for HSN Code 12040090 was recorded in FY 2022-23, when exports surged by 38.36% over the prior year.
India Maintains a Trade Surplus of ₹169.42 Crore in HSN Code 12040090 Goods
In FY 2024-25, India's exports of ₹169.45 Cr exceeded imports of ₹0.03 Cr, resulting in a trade surplus of ₹169.42 Crore — ranking #1255 of 12657 by surplus magnitude.
Import Growth of −52.85% CAGR Signals Stable Import Dependency for Linseed, Whether Or Not Broken| Other
India's imports under HSN Code 12040090 have grown at −52.85% CAGR, reaching ₹0.03 Crore in FY 2024-25.
HSN Code 12040090 Contributes 98.19% of Sub-Chapter 1204 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 1204, HSN Code 12040090 ranks #1 by export value — accounting for 98.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 12040090 and GST compliance.
What products are classified under HSN 12040090 ?
It includes Linseed, Whether Or Not Broken| Other
Any common misclassification issue with Linseed, Whether Or Not Broken/ 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 much GST applies to Linseed, Whether Or Not Broken/ Other?
Under HSN 12040090, Linseed, Whether Or Not Broken/ Other 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 Linseed, Whether Or Not Broken/ Other?
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.
How should mixed supplies be billed when Linseed, Whether Or Not Broken/ Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Linseed, Whether Or Not Broken/ Other; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Linseed, Whether Or Not Broken/ 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.