HSN Code 12073090: Castor seeds (Other)

HSN Code 12073090 represents Castor seeds (Other) under GST classification. This code helps businesses identify Castor seeds (Other) correctly for billing, taxation, and trade. With HSN Code 12073090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Castor seeds (Other).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 12073090

HSN Code 12073090 relates to the following description.

Description of Goods

Castor oil seeds: Other

Chapter

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

Sub Chapter

1207 - Other oil seeds and oleaginous fruits whether or not broken

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 12073090 not include?

Castor seeds (Other) does not include products with the following descriptions.

other oil seeds and oleaginous fruits, whether or not broken cotton seeds : of seed quality

other oil seeds and oleaginous fruits, whether or not broken cotton seeds : other

India’s Trade Performance — HSN Code 12073090 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

₹20 Cr

−68.49% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹20 Cr

Trade Surplus

Surplus rank #2816 of 12657 HSN codes

% of Sub-Chapter 1207

FY 2024-25

0.42%

Share of Sub-Chapter 1207’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1207’s imports

Rank Within Sub-Chapter 1207

FY 2024-25

#8 of 22

Position by export value among HSN codes in Sub-Chapter 1207

At a glance

65.09%

Export CAGR

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

#4888

National Export Rank

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

+2,500.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.42%

Contribution to Sub-Ch. 1207

Share of Sub-Chapter 1207 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 12073090

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 #7647

Balance

+0.98

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2019-20 Exp. Rank #3801

Balance

+25.48

Exports

25.48 ₹ Cr

0.0012% share

+2,500.00% YoY

0.62% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2020-21 Exp. Rank #3405

Balance

+36.08

Exports

36.08 ₹ Cr

0.0017% share

+41.60% YoY

0.96% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2021-22 Exp. Rank #6548

Balance

+4.29

Exports

4.29 ₹ Cr

0.0001% share

−88.11% YoY

0.12% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2022-23 Exp. Rank #4229

Balance

+28.68

Exports

28.68 ₹ Cr

0.0008% share

+568.53% YoY

0.70% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2023-24 Exp. Rank #3214

Balance

+62.97

Exports

62.97 ₹ Cr

0.0017% share

+119.56% YoY

1.28% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

FY 2024-25 Exp. Rank #4888

Balance

+19.84

Exports

19.84 ₹ Cr

0.0005% share

−68.49% YoY

0.42% of Sub-Ch. 1207

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1207

CAGR · 7-Year

Exports

65.09% /yr

Imports

Consistently Surplus
Sub-Chapter 1207 total

reference, FY 2024-25

Export

₹4,745.99 Cr

Import

₹3,901.82 Cr

Trade Balance

+844.17

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

Key Trade Insights: HSN Code 12073090 Export-Import Analysis

Consistent Export Growth: 65.09% CAGR Over 7 Years

India's exports under HSN Code 12073090 have grown at a compound annual rate of 65.09% over 7 fiscal years, rising from ₹0.98 Crore in FY 2018-19 to ₹19.84 Crore in FY 2024-25.

HSN Code 12073090 Ranked #4888 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 12073090 ranks #4888 out of 12657 HSN codes by total export value. Within Sub-Chapter 1207, it ranks #8 of 22. By trade surplus, it ranks #2816 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 12073090 Exports

The strongest single-year export movement for HSN Code 12073090 was recorded in FY 2019-20, when exports surged by 2,500.00% over the prior year.

India Maintains a Trade Surplus of ₹19.84 Crore in HSN Code 12073090 Goods

In FY 2024-25, India's exports of ₹19.84 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹19.84 Crore — ranking #2816 of 12657 by surplus magnitude.

HSN Code 12073090 Contributes 0.42% of Sub-Chapter 1207 Exports — Ranked #8

Among the 22 HSN codes under Sub-Chapter 1207, HSN Code 12073090 ranks #8 by export value — accounting for 0.42% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 12073090 and GST compliance.

What products are classified under HSN 12073090 ?

It includes Castor seeds (Other)

Can we claim ITC on inputs used to trade Castor seeds (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 should mixed supplies be billed when Castor seeds (Other) is sold with other items?

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

Does packaging or labelling change the GST for Castor seeds (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.

Any common misclassification issue with Castor seeds (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 Castor seeds (Other)?

Under HSN 12073090, Castor seeds (Other) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

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.