---
title: "HSN Code for Cod liver oil | HSN 15041010 GST Rate"
description: "Find HSN and GST Rates for 15041010 related to Cod liver oil with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-15041010/"
---

# HSN Code 15041010: Cod liver oil

- [Section 03: Guide to HSN Section 03](https://busy.in/hsn/section-03/)
- [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/)
- [Sub-chapter 1504: Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Fish liver oils and their fractions : Cod liver oil | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 15041010 ?

It includes Cod liver oil

### Any common misclassification issue with Cod liver oil?

Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Cod liver oil?

Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

### Does packaging or labelling change the GST for Cod liver oil?

For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.

### Can we claim ITC on inputs used to trade Cod liver oil?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How should mixed supplies be billed when Cod liver oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cod liver oil; Nil for exempt items if applicable).

## India's trade performance: HSN Code 15041010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+92.86% YoY) — 0.0000% of India's total exports
- Imports: ₹11 Cr (+58.08% YoY) — 0.0002% of India's total imports
- Trade balance: −₹10 Cr (Deficit); surplus rank #9079 of 12657 HSN codes
- Share of Sub-Chapter 1504: 0.13% of its exports; import side 5.13%
- Rank within Sub-Chapter 1504: #4 of 8 by export value; import-side #3

### Key metrics

- Export CAGR: 8.55% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8762 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +511.11% in FY 2020-21
- Contribution to Sub-Ch. 1504: 0.13% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 15041010

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 Sub-Ch. 1504 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1504 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.64% | 6.56 | 0.0002% | — | 10.18% | −6.23 | #8468 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −72.73% | 0.45% | 7.48 | 0.0002% | +14.02% | 8.67% | −7.39 | #9220 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +511.11% | 7.45% | 5.74 | 0.0002% | −23.26% | 8.03% | −5.19 | #8164 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −54.55% | 1.22% | 7.77 | 0.0002% | +35.37% | 6.95% | −7.52 | #9054 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −28.00% | 0.02% | 7.54 | 0.0001% | −2.96% | 7.97% | −7.36 | #9358 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +55.56% | 0.05% | 6.68 | 0.0001% | −11.41% | 3.41% | −6.40 | #9231 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +92.86% | 0.13% | 10.56 | 0.0002% | +58.08% | 5.13% | −10.02 | #8762 |

- CAGR (7-year): exports 8.55%/yr, imports 8.26%/yr (consistently Deficit)

## Key trade insights: HSN Code 15041010 export-import analysis

### Consistent export growth: 8.55% CAGR over 7 years

India's exports under HSN Code 15041010 have grown at a compound annual rate of 8.55% over 7 fiscal years, rising from ₹0.33 Crore in FY 2018-19 to ₹0.54 Crore in FY 2024-25.

### HSN Code 15041010 ranked #8762 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 15041010 ranks #8762 out of 12657 HSN codes by total export value. Within Sub-Chapter 1504, it ranks #4 of 8. By trade surplus, it ranks #9079 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 15041010 exports

The strongest single-year export movement for HSN Code 15041010 was recorded in FY 2020-21, when exports surged by 511.11% over the prior year.

### India records a trade deficit of ₹10.02 Crore in HSN Code 15041010 goods

In FY 2024-25, India's imports of ₹10.56 Cr exceeded exports of ₹0.54 Cr, resulting in a trade deficit of ₹10.02 Crore — ranking #9079 of 12657 by surplus magnitude.

### Import growth of 8.26% CAGR signals stable import dependency for Cod liver oil

India's imports under HSN Code 15041010 have grown at 8.26% CAGR, reaching ₹10.56 Crore in FY 2024-25.

### HSN Code 15041010 contributes 0.13% of Sub-Chapter 1504 exports — ranked #4

Among the 8 HSN codes under Sub-Chapter 1504, HSN Code 15041010 ranks #4 by export value — accounting for 0.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.13% share (rank #3).

## Related HSN Codes in Sub-Chapter 1504

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 15042010: Fish Body Oil](https://busy.in/hsn/hsn-15042010/) | ₹354 Cr |
| #2 | [HSN Code 15042020: Fish Lipid Oil](https://busy.in/hsn/hsn-15042020/) | ₹44 Cr |
| #3 | [HSN Code 15042090: Other Fish Oils](https://busy.in/hsn/hsn-15042090/) | ₹5 Cr |
| #4 | HSN Code 15041010: Cod liver oil (this hsn code) | < ₹1 Crore |
| #5 | [HSN Code 15041099: Fish liver oils, other](https://busy.in/hsn/hsn-15041099/) | < ₹1 Crore |
| #6 | [HSN Code 15042030: Sperm Oil](https://busy.in/hsn/hsn-15042030/) | < ₹1 Crore |
| — | [HSN Code 15041091: Fish liver oils: Squid liver oil](https://busy.in/hsn/hsn-15041091/) | Nil |
| — | [HSN Code 15043000: Marine mammal fats](https://busy.in/hsn/hsn-15043000/) | Nil |