HSN Code 15041010 represents Cod liver oil under GST classification. This code helps businesses identify Cod liver oil correctly for billing, taxation, and trade. With HSN Code 15041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cod liver oil.
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HSN Code 15041010 relates to the following description.
Description of Goods
Fish liver oils and their fractions : Cod liver oil
Chapter
15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1504 - Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Cod liver oil does not include products with the following descriptions.
Fish liver oils and their fractions : Other : Squid liver oil
Fish liver oils and their fractions: Other : Other
Fats and oils and their fractions of fish, other than liver oils : Fish body oil
Fats and oils and their fractions of fish, other than liver oils : Fish lipid oil
Fats and oils and their fractions of fish, other than liver oils : Sperm oil
Fats and oils and their fractions of fish, other than liver oils : Other
Fats and oils and their fractions, of marine mammals
Fish liver oils and their fractions : Other : Squid liver oil
Fish liver oils and their fractions: Other : Other
Fats and oils and their fractions of fish, other than liver oils : Fish body oil
Fats and oils and their fractions of fish, other than liver oils : Fish lipid oil
Fats and oils and their fractions of fish, other than liver oils : Sperm oil
Fats and oils and their fractions of fish, other than liver oils : Other
Fats and oils and their fractions, of marine mammals
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹11 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹10 Cr
Surplus rank #9079 of 12657 HSN codes
% of Sub-Chapter 1504
FY 2024-250.13%
Share of Sub-Chapter 1504’s total exports in FY 2024-25
Import side: 5.13% of Sub-Chapter 1504’s imports
Rank Within Sub-Chapter 1504
FY 2024-25#4 of 8
Position by export value among HSN codes in Sub-Chapter 1504
Import-side rank: #3 of 8
At a glance
8.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8762
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+511.11%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.13%
Contribution to Sub-Ch. 1504
Share of Sub-Chapter 1504 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−6.23
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.64% of Sub-Ch. 1504
Imports
6.56 ₹ Cr
0.0002% share
— YoY
10.18% of Sub-Ch. 1504
Balance
−7.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−72.73% YoY
0.45% of Sub-Ch. 1504
Imports
7.48 ₹ Cr
0.0002% share
+14.02% YoY
8.67% of Sub-Ch. 1504
Balance
−5.19
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+511.11% YoY
7.45% of Sub-Ch. 1504
Imports
5.74 ₹ Cr
0.0002% share
−23.26% YoY
8.03% of Sub-Ch. 1504
Balance
−7.52
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−54.55% YoY
1.22% of Sub-Ch. 1504
Imports
7.77 ₹ Cr
0.0002% share
+35.37% YoY
6.95% of Sub-Ch. 1504
Balance
−7.36
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−28.00% YoY
0.02% of Sub-Ch. 1504
Imports
7.54 ₹ Cr
0.0001% share
−2.96% YoY
7.97% of Sub-Ch. 1504
Balance
−6.40
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+55.56% YoY
0.05% of Sub-Ch. 1504
Imports
6.68 ₹ Cr
0.0001% share
−11.41% YoY
3.41% of Sub-Ch. 1504
Balance
−10.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+92.86% YoY
0.13% of Sub-Ch. 1504
Imports
10.56 ₹ Cr
0.0002% share
+58.08% YoY
5.13% of Sub-Ch. 1504
CAGR · 7-Year
Exports
8.55% /yr
Imports
8.26% /yr
reference, FY 2024-25
Export
₹403.43 Cr
Import
₹205.76 Cr
Trade Balance
+197.67
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.
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.
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.
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.
India's imports under HSN Code 15041010 have grown at 8.26% CAGR, reaching ₹10.56 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 15041010 and GST compliance.
It includes 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.
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.
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.
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.
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).