Common Items / Examples
GST Rate Details
✅ This item is GST exempt — no GST is charged on supply of soya beans.
Even though it is exempt, you may still need to mention the HSN code 1201 in your GST returns if your turnover exceeds ₹5 crore.
* GST rates are subject to change. Always verify with the CBIC official notification before filing.
Related HSN Codes — Chapter 12 (Oil Seeds)
View all Chapter 12 codes →Frequently Asked Questions
What is HSN code 1201?
HSN code 1201 is the Harmonised System of Nomenclature code for "Soya beans" under Chapter 12 — Oil Seeds. This code is used in GST invoices and returns to classify goods.
What is the GST rate on HSN code 1201?
The GST rate on HSN code 1201 (Soya beans) is Nil (0%). This item is exempt from GST.
Is HSN code mandatory in GST invoices?
Yes. Businesses with annual turnover above ₹5 crore must mention 6-digit HSN codes in B2B invoices and 4-digit codes in B2C invoices. For turnover ₹1.5–5 crore, 4-digit HSN is required in B2B invoices.
What is the difference between HSN and SAC codes?
HSN (Harmonised System of Nomenclature) codes are used for goods, while SAC (Services Accounting Code) codes are used for services in GST. Code 1201 is an HSN code for goods.
How many digits are in an HSN code?
HSN codes can have 2, 4, 6, or 8 digits depending on the level of classification. 2-digit codes represent chapters, 4-digit heading, 6-digit sub-heading, and 8-digit tariff item.