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Verified Category: Oil Seeds

HSN Code 1207

Other oil seeds and oleaginous fruits (i.e. Palm nuts and kernels, cotton seeds, Castor oil seeds, Sesamum seeds, Mustard seeds, Safflower

Current GST Rate
5%
Verified ✓
Rate noteRate varies within this heading — 0%: Other oil seeds and oleaginous fruits (i.e. Palm nuts…; 5%: Other oil seeds and oleaginous fruits (i.e. Palm nuts…

Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 1207 specifically identifies other oil seeds and oleaginous fruits (i.e. palm nuts and kernels, cotton seeds, castor oil seeds, sesamum seeds, mustard seeds, safflower for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split
CGST 2.5% + SGST 2.5%
Inter-State Split
IGST 5%

Compliance Check-list

  • Mention HSN 1207 on all Tax Invoices for other oil seeds and oleaginous fruits (i.e. palm nuts and kernels, cotton seeds, castor oil seeds, sesamum seeds, mustard seeds, safflower
  • Include in HSN-wise summary of GSTR-1 filings
  • Mandatory for E-way bill generation for goods above threshold
  • Ensure Input Tax Credit (ITC) matches this classification
✨ AI Compliance Insight

Expert Advice for 1207

"Classifying other oil seeds and oleaginous fruits (i.e. palm nuts and kernels, cotton seeds, castor oil seeds, sesamum seeds, mustard seeds, safflower correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Oil Seeds category. AasanKhata automatically monitors these shifts for you."