Understanding the GST rates and HSN code for Coconuts, Brazil Nuts, and Cashew Nuts in India

India is a country where agriculture is the backbone of the economy. The country is known for producing a wide range of fruits and nuts, including coconuts, Brazil nuts, and cashew nuts. These nuts are not only consumed in India but are also exported to other countries. However, when it comes to the GST rates and HSN code for these nuts, there is often confusion among people, especially small and medium business owners and startup founders. In this article, we will try to simplify the GST rates and HSN code for coconuts, Brazil nuts, and cashew nuts in India.

GST Rates for Coconuts, Brazil Nuts, and Cashew Nuts

Coconuts, Brazil nuts, and cashew nuts are classified under Chapter 8 of the HSN code, which covers edible fruits and nuts. The GST rate for these products varies depending on whether they are sold in their natural form or processed form.

Coconuts: If coconuts are sold in their natural form, the GST rate is zero. However, if coconut is sold in any other form, such as desiccated coconut or coconut oil, the GST rate is 18%.

Brazil nuts: Brazil nuts are not commonly consumed in India. However, if you are importing Brazil nuts, the GST rate is 5%.

Cashew Nuts: If cashew nuts are sold in their natural form, the GST rate is 5%. However, if cashew nuts are sold in any other form, such as roasted or salted, the GST rate is 12%.

HSN Code for Coconuts, Brazil Nuts, and Cashew Nuts

The HSN code for coconuts, Brazil nuts, and cashew nuts is 0801. This code is used for all types of nuts, including shelled or unshelled, peeled or unpeeled, roasted, or salted. However, the HSN code varies depending on whether the nuts are sold in their natural form or processed form.

Coconuts: If coconuts are sold in their natural form, the HSN code is 0801 11 00. However, if coconut is sold in any other form, such as desiccated coconut or coconut oil, the HSN code is 0801 90 10.

Brazil nuts: The HSN code for Brazil nuts is 0801 32 00. This code is used for all types of Brazil nuts, including shelled or unshelled, peeled or unpeeled, roasted, or salted.

Cashew Nuts: If cashew nuts are sold in their natural form, the HSN code is 0801 32 10. However, if cashew nuts are sold in any other form, such as roasted or salted, the HSN code is 2008 11 90.

Conclusion

Understanding the GST rates and HSN code for coconuts, Brazil nuts, and cashew nuts is important for small and medium business owners and startup founders who deal in these products. The GST rates and HSN code for these products are different for natural and processed forms. By following the correct HSN code and paying the correct GST rate, business owners can avoid any legal or financial penalties.