HSN Code 13021914: Vegetable Saps & Extracts: Ginseng Extracts Including Powder

HSN Code 13021914 represents Vegetable Saps & Extracts: Ginseng Extracts Including Powder under GST classification. This code helps businesses identify Vegetable Saps & Extracts: Ginseng Extracts Including Powder correctly for billing, taxation, and trade. With HSN Code 13021914, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vegetable Saps & Extracts: Ginseng Extracts Including Powder.

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Description of Goods for HSN Code 13021914

HSN Code 13021914 relates to the following description.

Description of Goods

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

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 13021914 not include?

Vegetable Saps & Extracts: Ginseng Extracts Including Powder does not include products with the following descriptions.

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 13021914 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

+10.20% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−71.38% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7894 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: 0.25% of Sub-Chapter 1302’s imports

Rank Within Sub-Chapter 1302

FY 2024-25

#20 of 29

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

Import-side rank: #14 of 29

At a glance

25.73%

Export CAGR

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

#7786

National Export Rank

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

+271.43%

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 13021914

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 #8328

Balance

−7.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 1302

Imports

8.30 ₹ Cr

0.0002% share

— YoY

1.45% of Sub-Ch. 1302

FY 2019-20 Exp. Rank #9016

Balance

−10.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−65.85% YoY

0.00% of Sub-Ch. 1302

Imports

11.13 ₹ Cr

0.0003% share

+34.10% YoY

1.80% of Sub-Ch. 1302

FY 2020-21 Exp. Rank #8201

Balance

−18.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+271.43% YoY

0.01% of Sub-Ch. 1302

Imports

18.60 ₹ Cr

0.0006% share

+67.12% YoY

2.86% of Sub-Ch. 1302

FY 2021-22 Exp. Rank #8170

Balance

−10.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+55.77% YoY

0.01% of Sub-Ch. 1302

Imports

11.26 ₹ Cr

0.0002% share

−39.46% YoY

1.59% of Sub-Ch. 1302

FY 2022-23 Exp. Rank #7579

Balance

−17.04

Exports

1.74 ₹ Cr

0.0000% share

+114.81% YoY

0.02% of Sub-Ch. 1302

Imports

18.78 ₹ Cr

0.0003% share

+66.79% YoY

1.90% of Sub-Ch. 1302

FY 2023-24 Exp. Rank #7880

Balance

−7.51

Exports

1.47 ₹ Cr

0.0000% share

−15.52% YoY

0.02% of Sub-Ch. 1302

Imports

8.98 ₹ Cr

0.0002% share

−52.18% YoY

0.87% of Sub-Ch. 1302

FY 2024-25 Exp. Rank #7786

Balance

−0.95

Exports

1.62 ₹ Cr

0.0000% share

+10.20% YoY

0.02% of Sub-Ch. 1302

Imports

2.57 ₹ Cr

0.0000% share

−71.38% YoY

0.25% of Sub-Ch. 1302

CAGR · 7-Year

Exports

25.73% /yr

Imports

−17.75% /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 13021914 Export-Import Analysis

Consistent Export Growth: 25.73% CAGR Over 7 Years

India's exports under HSN Code 13021914 have grown at a compound annual rate of 25.73% over 7 fiscal years, rising from ₹0.41 Crore in FY 2018-19 to ₹1.62 Crore in FY 2024-25.

HSN Code 13021914 Ranked #7786 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 13021914 ranks #7786 out of 12657 HSN codes by total export value. Within Sub-Chapter 1302, it ranks #20 of 29. By trade surplus, it ranks #7894 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 13021914 Exports

The strongest single-year export movement for HSN Code 13021914 was recorded in FY 2020-21, when exports surged by 271.43% over the prior year.

India Records a Trade Deficit of ₹0.95 Crore in HSN Code 13021914 Goods

In FY 2024-25, India's imports of ₹2.57 Cr exceeded exports of ₹1.62 Cr, resulting in a trade deficit of ₹0.95 Crore — ranking #7894 of 12657 by surplus magnitude.

Import Growth of −17.75% CAGR Signals Stable Import Dependency for Vegetable Saps & Extracts: Ginseng Extracts Including Powder

India's imports under HSN Code 13021914 have grown at −17.75% CAGR, reaching ₹2.57 Crore in FY 2024-25.

HSN Code 13021914 Contributes 0.02% of Sub-Chapter 1302 Exports — Ranked #20

Among the 29 HSN codes under Sub-Chapter 1302, HSN Code 13021914 ranks #20 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 13021914 and GST compliance.

What products are classified under HSN 13021914 ?

It includes Vegetable Saps & Extracts: Ginseng Extracts Including Powder

How much GST applies to Vegetable Saps & Extracts: Ginseng Extracts Including Powder?

Under HSN 13021914, Vegetable Saps & Extracts: Ginseng Extracts Including Powder attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Vegetable Saps & Extracts: Ginseng Extracts Including Powder?

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.

Do e‑way bill and e‑invoice apply for Vegetable Saps & Extracts: Ginseng Extracts Including Powder?

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 Vegetable Saps & Extracts: Ginseng Extracts Including Powder is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vegetable Saps & Extracts: Ginseng Extracts Including Powder; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Vegetable Saps & Extracts: Ginseng Extracts Including Powder?

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.