HSN Code 13021200: Vegetable Extracts| Liquorice

HSN Code 13021200 represents Vegetable Extracts| Liquorice under GST classification. This code helps businesses identify Vegetable Extracts| Liquorice correctly for billing, taxation, and trade. With HSN Code 13021200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vegetable Extracts| Liquorice.

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Description of Goods for HSN Code 13021200

HSN Code 13021200 relates to the following description.

Description of Goods

Vegetable saps and extracts : Of liquorice

Chapter

13 - Lac; gums, resins and other vegetable saps and extracts

Sub Chapter

1302 - Vegetable saps and extracts; pectic substances, pectinates and pectates; agar:agar and other mucilages and thickeners, whether or not modified, derived from vegetable products

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 13021200 not include?

Vegetable Extracts| Liquorice does not include products with the following descriptions.

HSN Code 13021914

Vegetable saps and extracts : Other : Extracts : Of ginseng (including powder)

HSN Code 13021930

Vegetable saps and extracts : Other : Purified and distilled CNSL (Cardanol)

HSN Code 13023100

Mucilages and thickeners, whether or not modified, derived from vegetable products : Agar-agar

HSN Code 13023210

Vegetable saps and extracts; pectic substances, pectinates and pectates; agar-agar and other mucilages and thickeners, whether or not modified, derived from vegetable products mucilages and thickeners, whether or not modified, derived from vegetable products : mucilages and thickeners, whether or not modified, derived from locust beans, locust bean seeds or guar seeds : guar meal

HSN Code 13023220

Vegetable saps and extracts; pectic substances, pectinates and pectates; agar-agar and other mucilages and thickeners, whether or not modified, derived from vegetable products mucilages and thickeners, whether or not modified, derived from vegetable products : mucilages and thickeners, whether or not modified, derived from locust beans, locust bean seeds or guar seeds : guargum refined split

HSN Code 13023230

Mucilages and thickeners, whether or not modified, derived from vegetable products : Mucilages and thickeners, whether or not modified, derived from locust beans, locust bean seeds or guar seeds : Guargum treated and pulverised

HSN Code 13023240

Mucilages and thickeners, whether or not modified, derived from vegetable products : Mucilages and thickeners, whether or not modified, derived from locust beans, locust bean seeds or guar seeds : Kappa carrageenan

HSN Code 13023290

Mucilages and thickeners, whether or not modified, derived from vegetable products : Mucilages and thickeners, whether or not modified, derived from locust beans, locust bean seeds or guar seeds : Other

HSN Code 13023900

Mucilages and thickeners, whether or not modified, derived from vegetable products : Other

India’s Trade Performance — HSN Code 13021200 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

₹2 Cr

+41.91% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−58.29% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7947 of 12657 HSN codes

% of Sub-Chapter 1302

FY 2024-25

0.02%

Share of Sub-Chapter 1302’s total exports in FY 2024-25

Import side: 0.29% of Sub-Chapter 1302’s imports

Rank Within Sub-Chapter 1302

FY 2024-25

#19 of 29

Position by export value among HSN codes in Sub-Chapter 1302

Import-side rank: #13 of 29

At a glance

26.10%

Export CAGR

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

#7632

National Export Rank

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

+665.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.02%

Contribution to Sub-Ch. 1302

Share of Sub-Chapter 1302 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 13021200

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 #8208

Balance

−0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 1302

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.13% of Sub-Ch. 1302

FY 2019-20 Exp. Rank #8846

Balance

−2.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−58.33% YoY

0.00% of Sub-Ch. 1302

Imports

2.88 ₹ Cr

0.0001% share

+284.00% YoY

0.47% of Sub-Ch. 1302

FY 2020-21 Exp. Rank #7266

Balance

−5.05

Exports

1.53 ₹ Cr

0.0001% share

+665.00% YoY

0.03% of Sub-Ch. 1302

Imports

6.58 ₹ Cr

0.0002% share

+128.47% YoY

1.01% of Sub-Ch. 1302

FY 2021-22 Exp. Rank #8332

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−55.56% YoY

0.01% of Sub-Ch. 1302

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−90.58% YoY

0.09% of Sub-Ch. 1302

FY 2022-23 Exp. Rank #8510

Balance

−3.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−8.82% YoY

0.01% of Sub-Ch. 1302

Imports

4.57 ₹ Cr

0.0001% share

+637.10% YoY

0.46% of Sub-Ch. 1302

FY 2023-24 Exp. Rank #7950

Balance

−5.88

Exports

1.36 ₹ Cr

0.0000% share

+119.35% YoY

0.02% of Sub-Ch. 1302

Imports

7.24 ₹ Cr

0.0001% share

+58.42% YoY

0.70% of Sub-Ch. 1302

FY 2024-25 Exp. Rank #7632

Balance

−1.09

Exports

1.93 ₹ Cr

0.0001% share

+41.91% YoY

0.02% of Sub-Ch. 1302

Imports

3.02 ₹ Cr

0.0000% share

−58.29% YoY

0.29% of Sub-Ch. 1302

CAGR · 7-Year

Exports

26.10% /yr

Imports

26.13% /yr

Consistently Deficit
Sub-Chapter 1302 total

reference, FY 2024-25

Export

₹8,720.29 Cr

Import

₹1,048.15 Cr

Trade Balance

+7,672.14

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

Key Trade Insights: HSN Code 13021200 Export-Import Analysis

Consistent Export Growth: 26.10% CAGR Over 7 Years

India's exports under HSN Code 13021200 have grown at a compound annual rate of 26.10% over 7 fiscal years, rising from ₹0.48 Crore in FY 2018-19 to ₹1.93 Crore in FY 2024-25.

HSN Code 13021200 Ranked #7632 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 13021200 ranks #7632 out of 12657 HSN codes by total export value. Within Sub-Chapter 1302, it ranks #19 of 29. By trade surplus, it ranks #7947 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 13021200 Exports

The strongest single-year export movement for HSN Code 13021200 was recorded in FY 2020-21, when exports surged by 665.00% over the prior year.

India Records a Trade Deficit of ₹1.09 Crore in HSN Code 13021200 Goods

In FY 2024-25, India's imports of ₹3.02 Cr exceeded exports of ₹1.93 Cr, resulting in a trade deficit of ₹1.09 Crore — ranking #7947 of 12657 by surplus magnitude.

Import Growth of 26.13% CAGR Signals Rising Demand for Vegetable Extracts| Liquorice

India's imports under HSN Code 13021200 have grown at 26.13% CAGR, reaching ₹3.02 Crore in FY 2024-25.

HSN Code 13021200 Contributes 0.02% of Sub-Chapter 1302 Exports — Ranked #19

Among the 29 HSN codes under Sub-Chapter 1302, HSN Code 13021200 ranks #19 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.29% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 13021200 and GST compliance.

What products are classified under HSN 13021200 ?

It includes Vegetable Extracts| Liquorice

Do e‑way bill and e‑invoice apply for Vegetable Extracts/ Liquorice?

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.

Does packaging or labelling change the GST for Vegetable Extracts/ Liquorice?

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 Vegetable Extracts/ Liquorice?

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 Vegetable Extracts/ Liquorice is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vegetable Extracts/ Liquorice; Nil for exempt items if applicable).

How much GST applies to Vegetable Extracts/ Liquorice?

Under HSN 13021200, Vegetable Extracts/ Liquorice 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.