1201 HSN Code: Soya beans, broken or not

HSN Sub Chapter 1201 represents Soya beans, broken or not under GST classification. This code helps businesses identify Soya beans, broken or not correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1201, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Soya beans, broken or not.

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New GST Rate for HSN Code 1201

GST Rate for Soya beans, broken or not under HSN Code 1201. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

12

HSN Code

1201

HSN Description

Soya beans, whether or not broken

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1201

Following tariff HSN codes fall under Soya beans, broken or not.

Tariff HSN

12010010

Description

SOYA BEANS, WHETHER OR NOT BROKEN SOYA BEANS, WHETHER OR NOT BROKEN : OF SEED QUALITY

Tariff HSN

12010090

Description

SOYA BEANS, WHETHER OR NOT BROKEN SOYA BEANS, WHETHER OR NOT BROKEN : OTHER

Tariff HSN

12011000

Description

Seed

Tariff HSN

12019000

Description

Other

India’s Trade Performance — HSN Sub-Chapter 1201 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

₹47 Cr

+13.26% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹744 Cr

−84.76% vs FY 2023-24

0.0122% of India’s total imports

Trade Balance

FY 2024-25

−₹697 Cr

Trade Deficit

Surplus rank #914 of 1233 subchapters

% of Chapter 12

FY 2024-25

0.26%

Share of Chapter 12’s total exports in FY 2024-25

Import side: 9.66% of Chapter 12’s imports

Rank Within Chapter 12

FY 2024-25

#9 of 14

Position by export value among subchapters in Chapter 12

Import-side rank: #4 of 14

At a glance

−37.85%

Export CAGR

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

#919

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+13.26%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.26%

Contribution to Ch. 12

Share of Chapter 12 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1201

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 #327

Balance

+274.04

Exports

810.31 ₹ Cr

0.0353% share

— YoY

7.08% of Ch. 12

Imports

536.27 ₹ Cr

0.0149% share

— YoY

13.45% of Ch. 12

FY 2019-20 Exp. Rank #515

Balance

−1,033.65

Exports

312.59 ₹ Cr

0.0142% share

−61.42% YoY

2.48% of Ch. 12

Imports

1,346.24 ₹ Cr

0.0401% share

+151.04% YoY

24.64% of Ch. 12

FY 2020-21 Exp. Rank #516

Balance

−1,678.77

Exports

313.92 ₹ Cr

0.0146% share

+0.43% YoY

2.33% of Ch. 12

Imports

1,992.69 ₹ Cr

0.0684% share

+48.02% YoY

35.71% of Ch. 12

FY 2021-22 Exp. Rank #579

Balance

−3,828.49

Exports

311.45 ₹ Cr

0.0099% share

−0.79% YoY

2.39% of Ch. 12

Imports

4,139.94 ₹ Cr

0.0906% share

+107.76% YoY

61.28% of Ch. 12

FY 2022-23 Exp. Rank #616

Balance

−3,026.35

Exports

288.34 ₹ Cr

0.0080% share

−7.42% YoY

1.79% of Ch. 12

Imports

3,314.69 ₹ Cr

0.0577% share

−19.93% YoY

41.97% of Ch. 12

FY 2023-24 Exp. Rank #926

Balance

−4,841.77

Exports

41.24 ₹ Cr

0.0011% share

−85.70% YoY

0.23% of Ch. 12

Imports

4,883.01 ₹ Cr

0.0870% share

+47.31% YoY

46.81% of Ch. 12

FY 2024-25 Exp. Rank #919

Balance

−697.45

Exports

46.71 ₹ Cr

0.0013% share

+13.26% YoY

0.26% of Ch. 12

Imports

744.16 ₹ Cr

0.0122% share

−84.76% YoY

9.66% of Ch. 12

CAGR · 7-Year

Exports

−37.85% /yr

Imports

5.61% /yr

Consistently Deficit
Chapter 12 total

reference, FY 2024-25

Export

₹17,996.47 Cr

Import

₹7,700.01 Cr

Trade Balance

+10,296.46

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

Key Trade Insights: HSN Sub-Chapter 1201 Export-Import Analysis

Export Decline: −37.85% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1201 have declined at a compound annual rate of −37.85% over 7 fiscal years, falling from ₹810.31 Crore in FY 2018-19 to ₹46.71 Crore in FY 2024-25.

HSN Sub-Chapter 1201 Ranked #919 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1201 ranks #919 out of 1233 subchapters by total export value. Within Chapter 12, it ranks #9 of 14. By trade surplus, it ranks #914 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 1201 Exports

The strongest single-year export movement for HSN Sub-Chapter 1201 was recorded in FY 2024-25, when exports surged by 13.26% over the prior year.

India Records a Trade Deficit of ₹697.45 Crore in HSN Sub-Chapter 1201 Goods

In FY 2024-25, India's imports of ₹744.16 Cr exceeded exports of ₹46.71 Cr, resulting in a trade deficit of ₹697.45 Crore — ranking #914 of 1233 by surplus magnitude.

Import Growth of 5.61% CAGR Signals Stable Import Dependency for Soya beans, broken or not

India's imports under HSN Sub-Chapter 1201 have grown at 5.61% CAGR, reaching ₹744.16 Crore in FY 2024-25.

HSN Sub-Chapter 1201 Contributes 0.26% of Chapter 12 Exports — Ranked #9

Among the 14 subchapters under Chapter 12, HSN Sub-Chapter 1201 ranks #9 by export value — accounting for 0.26% of the chapter's total exports in FY 2024-25. On the import side, it holds 9.66% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1201 and GST compliance.

What products are classified under HSN 1201

It includes Soya beans, broken or not

What should my invoice and records include for Soya beans, broken or not?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

What misclassification mistakes happen with Soya beans, broken or not?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

If I repair and return Soya beans, broken or not, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Do spares or accessories of Soya beans, broken or not follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Does MRP, weight or pack size change GST treatment for Soya beans, broken or not?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

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.

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