--- title: "HSN Code for Seaweeds and other algae | HSN 12122990 GST Rate" description: "Find HSN and GST Rates for 12122990 related to Seaweeds and other algae with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-12122990/" --- # HSN Code 12122990: Seaweeds and other algae - [Section 02: Guide to HSN Section 02](https://busy.in/hsn/section-02/) - [Chapter 12: Oil Seeds, Grains, Medicinal Plants and Straw](https://busy.in/hsn/chapter-12/) - [Sub-chapter 1212: Locust beans, seaweeds & other algae](https://busy.in/hsn/sub-chapter-1212/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Seaweeds and Other Algae : Other [ fresh or chilled ] | 0% | 0% | 0% | 0% | | Seaweeds and Other Algae : Other : Other algae | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 12122990 ? It includes Seaweeds and other algae ### Can we claim ITC on inputs used to trade Seaweeds and other algae? 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 much GST applies to Seaweeds and other algae? Under HSN 12122990, Seaweeds and other algae 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 Seaweeds and other algae? 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 Seaweeds and other algae? 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 Seaweeds and other algae? 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. ## India's trade performance: HSN Code 12122990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+79.49% YoY) — 0.0000% of India's total exports - Imports: ₹13 Cr (+1,089.09% YoY) — 0.0002% of India's total imports - Trade balance: −₹12 Cr (Deficit); surplus rank #9211 of 12657 HSN codes - Share of Sub-Chapter 1212: 1.21% of its exports; import side 19.88% - Rank within Sub-Chapter 1212: #5 of 17 by export value; import-side #3 ### Key metrics - Export CAGR: -45.89% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8548 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +116.91% in FY 2020-21 - Contribution to Sub-Ch. 1212: 1.21% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 12122990 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1212 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1212 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 27.90 | 0.0012% | — | 51.69% | < ₹1 Crore | 0.0000% | — | 0.98% | +27.60 | #3661 | | FY 2019-20 | 1.36 | 0.0001% | −95.13% | 2.54% | 1.55 | 0.0000% | +416.67% | 5.51% | −0.19 | #7307 | | FY 2020-21 | 2.95 | 0.0001% | +116.91% | 5.66% | < ₹1 Crore | 0.0000% | −65.81% | 1.83% | +2.42 | #6580 | | FY 2021-22 | 2.72 | 0.0001% | −7.80% | 3.77% | < ₹1 Crore | 0.0000% | −60.38% | 0.63% | +2.51 | #6998 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −75.00% | 0.86% | < ₹1 Crore | 0.0000% | +176.19% | 1.37% | +0.10 | #8426 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −42.65% | 0.67% | 1.10 | 0.0000% | +89.66% | 2.84% | −0.71 | #8999 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +79.49% | 1.21% | 13.08 | 0.0002% | +1,089.09% | 19.88% | −12.38 | #8548 | - CAGR (7-year): exports -45.89%/yr, imports 87.61%/yr (consistently Deficit) ## Key trade insights: HSN Code 12122990 export-import analysis ### Export decline: -45.89% CAGR over 7 years India's exports under HSN Code 12122990 have declined at a compound annual rate of -45.89% over 7 fiscal years, falling from ₹27.90 Crore in FY 2018-19 to ₹0.70 Crore in FY 2024-25. ### HSN Code 12122990 ranked #8548 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 12122990 ranks #8548 out of 12657 HSN codes by total export value. Within Sub-Chapter 1212, it ranks #5 of 17. By trade surplus, it ranks #9211 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 12122990 exports The strongest single-year export movement for HSN Code 12122990 was recorded in FY 2020-21, when exports surged by 116.91% over the prior year. ### India records a trade deficit of ₹12.38 Crore in HSN Code 12122990 goods In FY 2024-25, India's imports of ₹13.08 Cr exceeded exports of ₹0.70 Cr, resulting in a trade deficit of ₹12.38 Crore — ranking #9211 of 12657 by surplus magnitude. ### Import growth of 87.61% CAGR signals rising demand for Seaweeds and other algae India's imports under HSN Code 12122990 have grown at 87.61% CAGR, reaching ₹13.08 Crore in FY 2024-25. ### HSN Code 12122990 contributes 1.21% of Sub-Chapter 1212 exports — ranked #5 Among the 17 HSN codes under Sub-Chapter 1212, HSN Code 12122990 ranks #5 by export value — accounting for 1.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.88% share (rank #3). ## Related HSN Codes in Sub-Chapter 1212 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 12129990: Vegetable Products for Human Consumption \| Other](https://busy.in/hsn/hsn-12129990/) | ₹30 Cr | | #2 | [HSN Code 12129400: Other \| Chicory Roots](https://busy.in/hsn/hsn-12129400/) | ₹18 Cr | | #3 | [HSN Code 12122190: Other algae fit for human consumption](https://busy.in/hsn/hsn-12122190/) | ₹6 Cr | | #4 | [HSN Code 12129300: Other \| Sugar Cane](https://busy.in/hsn/hsn-12129300/) | ₹4 Cr | | #5 | HSN Code 12122990: Seaweeds and other algae (this hsn code) | < ₹1 Crore | | #6 | [HSN Code 12129910: Other \| Other \| Kokam (Cocum) Flowers](https://busy.in/hsn/hsn-12129910/) | < ₹1 Crore | | #7 | [HSN Code 12122110: Seaweeds fit for human consumption](https://busy.in/hsn/hsn-12122110/) | < ₹1 Crore | | #8 | [HSN Code 12129100: Fresh or chilled sugar beet and sugarcane](https://busy.in/hsn/hsn-12129100/) | < ₹1 Crore | | #9 | [HSN Code 12129920: Other \| Other \| Mohua Flowers](https://busy.in/hsn/hsn-12129920/) | < ₹1 Crore | | — | [HSN Code 12122910: Seaweeds](https://busy.in/hsn/hsn-12122910/) | Nil |