HSN 08011220 is a specific Harmonized System of Nomenclature (HSN) code that precisely classifies dried products belonging to the category of coconuts, Brazil nuts, and cashew nuts.
Understanding HSN Codes
The Harmonized System of Nomenclature (HSN) is an internationally standardized system used to classify traded products. Developed by the World Customs Organization (WCO), it provides a universal economic language for goods, making it essential for customs duties, international trade statistics, and trade negotiations. HSN codes typically consist of six digits, with many countries, including India, adding two or four more digits for more granular classification, resulting in 8 or 10-digit codes.
Decoding HSN 08011220
The 8-digit HSN code 08011220 systematically breaks down the classification of a specific type of product:
- Chapter 08: This refers to the chapter in the HSN system dedicated to "Edible fruit and nuts; peel of citrus fruit or melons."
- Heading 0801: Within Chapter 08, heading 0801 specifically covers "Coconuts, Brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled." This indicates the broad product family.
- Tariff Item 08011220: This complete 8-digit code zeroes in on a very specific type within the 0801 heading. It is specifically designated for dried forms of these nuts. This distinction is crucial for applying correct customs duties and regulations, differentiating them from fresh, shelled, or unshelled varieties.
Here's a clear breakdown of the code:
| HSN Segment | Description |
|---|---|
| 08 | Edible fruit and nuts; peel of citrus fruit or melons |
| 0801 | Coconuts, Brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled |
| 08011220 | Specifically classifies Dried products within the 0801 category. |
Importance in International Trade
Accurate HSN classification, such as using 08011220, is fundamental for smooth international trade operations. For businesses involved in importing or exporting nuts, knowing the precise HSN code is vital for several reasons:
- Customs Clearance: Correct codes ensure efficient processing and clearance of goods at customs checkpoints, preventing delays.
- Duty and Tax Calculation: Each HSN code is linked to specific import and export duties, taxes, and cess rates. Using the correct code ensures that the appropriate financial obligations are met.
- Regulatory Compliance: Certain products, especially food items, are subject to specific health, safety, and quality regulations. The HSN code helps identify and apply these regulations, for example, specific standards for dried nuts.
- Trade Statistics: Governments and international organizations rely on HSN codes to collect and analyze trade data, which informs economic policies and trade agreements.
For example, a company exporting dried cashew nuts would declare HSN 08011220 on their shipping documents. This ensures that customs authorities in the importing country apply the correct duties and verify compliance with any specific regulations pertaining to dried nuts.
