HSN Code 15041091: Fish liver oils: Squid liver oil

HSN Code 15041091 represents Fish liver oils: Squid liver oil under GST classification. This code helps businesses identify Fish liver oils: Squid liver oil correctly for billing, taxation, and trade. With HSN Code 15041091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Fish liver oils: Squid liver oil.

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Description of Goods for HSN Code 15041091

HSN Code 15041091 relates to the following description.

Description of Goods

Fish liver oils and their fractions : Other : Squid 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%

What does HSN Code 15041091 not include?

Fish liver oils: Squid liver oil does not include products with the following descriptions.

HSN Code 15042010

Fats and oils and their fractions of fish, other than liver oils : Fish body oil

HSN Code 15042020

Fats and oils and their fractions of fish, other than liver oils : Fish lipid oil

HSN Code 15042030

Fats and oils and their fractions of fish, other than liver oils : Sperm oil

India’s Trade Performance — HSN Code 15041091 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #8122 of 12657 HSN codes

% of Sub-Chapter 1504

FY 2024-25

0.00%

Share of Sub-Chapter 1504’s total exports in FY 2024-25

Import side: 0.84% of Sub-Chapter 1504’s imports

India Export-Import Trade Statistics for HSN Code 15041091

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

FY 2024-25

Balance

−1.72

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1504

Imports

1.72 ₹ Cr

0.0000% share

— YoY

0.84% of Sub-Ch. 1504

Sub-Chapter 1504 total

reference, FY 2024-25

Export

₹403.43 Cr

Import

₹205.76 Cr

Trade Balance

+197.67

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 15041091 Export-Import Analysis

Export Snapshot for HSN Code 15041091

India exported ₹0.00 Crore worth of Fish liver oils: Squid liver oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹1.72 Crore in HSN Code 15041091 Goods

In FY 2024-25, India's imports of ₹1.72 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.72 Crore — ranking #8122 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15041091 and GST compliance.

What products are classified under HSN 15041091 ?

It includes Fish liver oils: Squid liver oil

Any common misclassification issue with Fish liver oils: Squid 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 Fish liver oils: Squid 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 Fish liver oils: Squid 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.

How should mixed supplies be billed when Fish liver oils: Squid liver oil is sold with other items?

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

How much GST applies to Fish liver oils: Squid liver oil?

Under HSN 15041091, Fish liver oils: Squid liver oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.