--- title: "1203 HSN Code | HSN Code for Copra in India" description: "Know more about 1203 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1203 covering Copra." canonical: "https://busy.in/hsn/sub-chapter-1203/" --- # HSN Sub-chapter 1203: Copra Copra Part of [Chapter 12: Oil Seeds, Grains, Medicinal Plants and Straw](https://busy.in/hsn/chapter-12/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 12030000 | [Copra (Non-Seed Quality)](https://busy.in/hsn/hsn-12030000/) | ## Frequently asked questions ### What products are classified under HSN 1203 It includes Copra ### Does MRP, weight or pack size change GST treatment for Copra? 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. ### Does packaging or branding change how GST applies to Copra? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Copra is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment. ### Is the composition scheme suitable if I mainly trade Copra? The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in. ### If I repair and return Copra, 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. ### Can I claim ITC on inputs and services used for Copra? If your outward supply of Copra is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43. ### What are the e‑way bill and e‑invoice points while moving Copra? Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself. ## India's trade performance: HSN Sub-Chapter 1203 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹242 Cr (+39.21% YoY) — 0.0065% of India's total exports - Imports: ₹59 Cr (+3.62% YoY) — 0.0010% of India's total imports - Trade balance: ₹183 Cr (Surplus); surplus rank #342 of 1233 sub-chapters - Share of Chapter 12: 1.35% of its exports; import side 0.77% - Rank within Chapter 12: #5 of 14 by export value; import-side #6 ### Key metrics - Export CAGR: 38.36% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #664 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +318.30% in FY 2021-22 - Contribution to Ch. 12: 1.35% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 1203 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 Ch. 12 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 12 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 34.51 | 0.0015% | — | 0.30% | 80.11 | 0.0022% | — | 2.01% | −45.60 | #881 | | FY 2019-20 | 36.14 | 0.0016% | +4.72% | 0.29% | 76.37 | 0.0023% | −4.67% | 1.40% | −40.23 | #881 | | FY 2020-21 | 33.33 | 0.0015% | −7.78% | 0.25% | 95.87 | 0.0033% | +25.53% | 1.72% | −62.54 | #890 | | FY 2021-22 | 139.42 | 0.0044% | +318.30% | 1.07% | 78.99 | 0.0017% | −17.61% | 1.17% | +60.43 | #725 | | FY 2022-23 | 213.86 | 0.0059% | +53.39% | 1.33% | 7.95 | 0.0001% | −89.94% | 0.10% | +205.91 | #676 | | FY 2023-24 | 173.88 | 0.0048% | −18.69% | 0.98% | 57.25 | 0.0010% | +620.13% | 0.55% | +116.63 | #716 | | FY 2024-25 | 242.06 | 0.0065% | +39.21% | 1.35% | 59.32 | 0.0010% | +3.62% | 0.77% | +182.74 | #664 | - CAGR (7-year): exports 38.36%/yr, imports -4.88%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 1203 export-import analysis ### Consistent export growth: 38.36% CAGR over 7 years India's exports under HSN Sub-Chapter 1203 have grown at a compound annual rate of 38.36% over 7 fiscal years, rising from ₹34.51 Crore in FY 2018-19 to ₹242.06 Crore in FY 2024-25. ### HSN Sub-Chapter 1203 ranked #664 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 1203 ranks #664 out of 1233 sub-chapters by total export value. Within Chapter 12, it ranks #5 of 14. By trade surplus, it ranks #342 of 1233. ### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 1203 exports The strongest single-year export movement for HSN Sub-Chapter 1203 was recorded in FY 2021-22, when exports surged by 318.30% over the prior year. ### India maintains a trade surplus of ₹182.74 Crore in HSN Sub-Chapter 1203 goods In FY 2024-25, India's exports of ₹242.06 Cr exceeded imports of ₹59.32 Cr, resulting in a trade surplus of ₹182.74 Crore — ranking #342 of 1233 by surplus magnitude. ### Import growth of -4.88% CAGR signals stable import dependency for Copra India's imports under HSN Sub-Chapter 1203 have grown at -4.88% CAGR, reaching ₹59.32 Crore in FY 2024-25. ### HSN Sub-Chapter 1203 contributes 1.35% of Chapter 12 exports — ranked #5 Among the 14 sub-chapters under Chapter 12, HSN Sub-Chapter 1203 ranks #5 by export value — accounting for 1.35% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.77% share (rank #6). ## Related Sub-Chapters in Chapter 12 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 1202: Fresh poultry products](https://busy.in/hsn/sub-chapter-1202/) | ₹6,728 Cr | | #2 | [HSN Sub-Chapter 1207: Oil seeds and fruits](https://busy.in/hsn/sub-chapter-1207/) | ₹4,746 Cr | | #3 | [HSN Sub-Chapter 1211: Plants used in perfumery or pharmacy](https://busy.in/hsn/sub-chapter-1211/) | ₹4,509 Cr | | #4 | [HSN Sub-Chapter 1209: Seeds & fruit for sowing](https://busy.in/hsn/sub-chapter-1209/) | ₹1,347 Cr | | #5 | HSN Sub-Chapter 1203: Copra (this hsn sub-chapter) | ₹242 Cr | | #6 | [HSN Sub-Chapter 1204: Linseed broken or not](https://busy.in/hsn/sub-chapter-1204/) | ₹173 Cr | | #7 | [HSN Sub-Chapter 1208: Vegetable fibre fabrics](https://busy.in/hsn/sub-chapter-1208/) | ₹118 Cr | | #8 | [HSN Sub-Chapter 1212: Locust beans, seaweeds & other algae](https://busy.in/hsn/sub-chapter-1212/) | ₹58 Cr | | #9 | [HSN Sub-Chapter 1201: Soya beans, broken or not](https://busy.in/hsn/sub-chapter-1201/) | ₹47 Cr | | #10 | [HSN Sub-Chapter 1206: Sunflower seeds, broken or not](https://busy.in/hsn/sub-chapter-1206/) | ₹20 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 1201 | [Soya beans, broken or not](https://busy.in/hsn/sub-chapter-1201/) | | 1202 | [Fresh poultry products](https://busy.in/hsn/sub-chapter-1202/) | | 1204 | [Linseed broken or not](https://busy.in/hsn/sub-chapter-1204/) | | 1205 | [Rape or colza seeds](https://busy.in/hsn/sub-chapter-1205/) | | 1206 | [Sunflower seeds, broken or not](https://busy.in/hsn/sub-chapter-1206/) | | 1207 | [Oil seeds and fruits](https://busy.in/hsn/sub-chapter-1207/) | | 1208 | [Vegetable fibre fabrics](https://busy.in/hsn/sub-chapter-1208/) | | 1209 | [Seeds & fruit for sowing](https://busy.in/hsn/sub-chapter-1209/) | | 1210 | [Hop cones & lupulin](https://busy.in/hsn/sub-chapter-1210/) | | 1211 | [Plants used in perfumery or pharmacy](https://busy.in/hsn/sub-chapter-1211/) | | 1212 | [Locust beans, seaweeds & other algae](https://busy.in/hsn/sub-chapter-1212/) | | 1213 | [Unprepared cereal straw & husks](https://busy.in/hsn/sub-chapter-1213/) | | 1214 | [Forage products and hay](https://busy.in/hsn/sub-chapter-1214/) |