HSN Code 12119043: Ipecac dried rhizome

HSN Code 12119043 represents Ipecac dried rhizome under GST classification. This code helps businesses identify Ipecac dried rhizome correctly for billing, taxation, and trade. With HSN Code 12119043, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ipecac dried rhizome.

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Description of Goods for HSN Code 12119043

HSN Code 12119043 relates to the following description.

Description of Goods

Other : Roots and rhizomes : Ipecac dried rhizome and roots

Chapter

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

Sub Chapter

1211 - Plants and parts of plants (including seeds and fruits), of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purpose, fresh or dried, whether or not cut, crushed or powdered

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 12119043 not include?

Ipecac dried rhizome does not include products with the following descriptions.

Plants and parts of plants (including seeds and fruits), of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purpose, fresh or dried, whether or not cut, crushed or powdered liquorice roots

Other : Roots and rhizomes : Serpentina roots (rowwalfia serpentina and other species of rowwalfias)

India’s Trade Performance — HSN Code 12119043 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

< ₹1 Crore

+185.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5082 of 12657 HSN codes

% of Sub-Chapter 1211

FY 2024-25

0.00%

Share of Sub-Chapter 1211’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1211’s imports

Rank Within Sub-Chapter 1211

FY 2024-25

#31 of 56

Position by export value among HSN codes in Sub-Chapter 1211

At a glance

14.23%

Export CAGR

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

#9416

National Export Rank

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

+185.71%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Sub-Ch. 1211

Share of Sub-Chapter 1211 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 12119043

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 #9231

Balance

−1.32

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1211

Imports

1.41 ₹ Cr

0.0000% share

YoY

0.25% of Sub-Ch. 1211

FY 2019-20 Exp. Rank #9220

Balance

−1.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 1211

Imports

1.78 ₹ Cr

0.0001% share

+26.24% YoY

0.29% of Sub-Ch. 1211

FY 2020-21 Exp. Rank #8805

Balance

−0.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+144.44% YoY

0.01% of Sub-Ch. 1211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−70.22% YoY

0.07% of Sub-Ch. 1211

FY 2021-22 Exp. Rank #9306

Balance

−0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−27.27% YoY

0.01% of Sub-Ch. 1211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.07% of Sub-Ch. 1211

FY 2022-23 Exp. Rank #9640

Balance

−0.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−37.50% YoY

0.00% of Sub-Ch. 1211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+24.53% YoY

0.07% of Sub-Ch. 1211

FY 2023-24 Exp. Rank #9929

Balance

−0.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−30.00% YoY

0.00% of Sub-Ch. 1211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−21.21% YoY

0.06% of Sub-Ch. 1211

FY 2024-25 Exp. Rank #9416

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+185.71% YoY

0.00% of Sub-Ch. 1211

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1211

CAGR · 7-Year

Exports

14.23% /yr

Imports

Consistently Surplus
Sub-Chapter 1211 total

reference, FY 2024-25

Export

₹4,508.54 Cr

Import

₹1,273.82 Cr

Trade Balance

+3,234.72

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

Key Trade Insights: HSN Code 12119043 Export-Import Analysis

Consistent Export Growth: 14.23% CAGR Over 7 Years

India's exports under HSN Code 12119043 have grown at a compound annual rate of 14.23% over 7 fiscal years, rising from ₹0.09 Crore in FY 2018-19 to ₹0.20 Crore in FY 2024-25.

HSN Code 12119043 Ranked #9416 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 12119043 ranks #9416 out of 12657 HSN codes by total export value. Within Sub-Chapter 1211, it ranks #31 of 56. By trade surplus, it ranks #5082 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 12119043 Exports

The strongest single-year export movement for HSN Code 12119043 was recorded in FY 2024-25, when exports surged by 185.71% over the prior year.

India Maintains a Trade Surplus of ₹0.20 Crore in HSN Code 12119043 Goods

In FY 2024-25, India's exports of ₹0.20 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.20 Crore — ranking #5082 of 12657 by surplus magnitude.

HSN Code 12119043 Contributes 0.00% of Sub-Chapter 1211 Exports — Ranked #31

Among the 56 HSN codes under Sub-Chapter 1211, HSN Code 12119043 ranks #31 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 12119043 and GST compliance.

What products are classified under HSN 12119043 ?

It includes Ipecac dried rhizome

Do e‑way bill and e‑invoice apply for Ipecac dried rhizome?

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.

Any common misclassification issue with Ipecac dried rhizome?

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 Ipecac dried rhizome?

Under HSN 12119043, Ipecac dried rhizome attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Does packaging or labelling change the GST for Ipecac dried rhizome?

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.

Can we claim ITC on inputs used to trade Ipecac dried rhizome?

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.