HSN Code 15041099: Fish liver oils, other

HSN Code 15041099 represents Fish liver oils, other under GST classification. This code helps businesses identify Fish liver oils, other correctly for billing, taxation, and trade. With HSN Code 15041099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Fish liver oils, other.

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Description of Goods for HSN Code 15041099

HSN Code 15041099 relates to the following description.

Description of Goods

Fish liver oils and their fractions: Other : Other

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 15041099 not include?

Fish liver oils, other does not include products with the following descriptions.

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

India’s Trade Performance — HSN Code 15041099 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

< ₹1 Crore

+133.33% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5322 of 12657 HSN codes

% of Sub-Chapter 1504

FY 2024-25

0.02%

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

Import side: 0.00% of Sub-Chapter 1504’s imports

Rank Within Sub-Chapter 1504

FY 2024-25

#5 of 8

Position by export value among HSN codes in Sub-Chapter 1504

At a glance

23.22%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9908

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+300.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.02%

Contribution to Sub-Ch. 1504

Share of Sub-Chapter 1504 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15041099

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 Exp. Rank #9774

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

FY 2019-20 Exp. Rank #9279

Balance

+0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.40% 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

−100.00% YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

FY 2021-22 Exp. Rank #9497

Balance

+0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.54% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

FY 2022-23 Exp. Rank #10152

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.82% YoY

0.00% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

FY 2023-24 Exp. Rank #10223

Balance

+0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.01% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

FY 2024-25 Exp. Rank #9908

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+133.33% YoY

0.02% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1504

CAGR · 7-Year

Exports

23.22% /yr

Imports

Consistently Surplus
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 15041099 Export-Import Analysis

Consistent Export Growth: 23.22% CAGR Over 7 Years

India's exports under HSN Code 15041099 have grown at a compound annual rate of 23.22% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.07 Crore in FY 2024-25.

HSN Code 15041099 Ranked #9908 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15041099 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 1504, it ranks #5 of 8. By trade surplus, it ranks #5322 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 15041099 Exports

The strongest single-year export movement for HSN Code 15041099 was recorded in FY 2019-20, when exports surged by 300.00% over the prior year.

India Maintains a Trade Surplus of ₹0.07 Crore in HSN Code 15041099 Goods

In FY 2024-25, India's exports of ₹0.07 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.07 Crore — ranking #5322 of 12657 by surplus magnitude.

HSN Code 15041099 Contributes 0.02% of Sub-Chapter 1504 Exports — Ranked #5

Among the 8 HSN codes under Sub-Chapter 1504, HSN Code 15041099 ranks #5 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15041099 and GST compliance.

What products are classified under HSN 15041099 ?

It includes Fish liver oils, other

Any common misclassification issue with Fish liver oils, other?

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.

Does packaging or labelling change the GST for Fish liver oils, other?

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, other 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, other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Fish liver oils, other?

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 much GST applies to Fish liver oils, other?

Under HSN 15041099, Fish liver oils, other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Do e‑way bill and e‑invoice apply for Fish liver oils, other?

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.

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.