--- title: "HSN Code for Sperm Oil | HSN 15042030 GST Rate" description: "Find HSN and GST Rates for 15042030 related to Sperm Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15042030/" --- # HSN Code 15042030: Sperm 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 | | --- | --- | --- | --- | --- | | Fats and oils and their fractions of fish, other than liver oils : Sperm oil | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 15042030 ? It includes Sperm Oil ### Do e‑way bill and e‑invoice apply for Sperm 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. ### Any common misclassification issue with Sperm 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. ### Can we claim ITC on inputs used to trade Sperm 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 much GST applies to Sperm Oil? Under HSN 15042030, Sperm Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### How should mixed supplies be billed when Sperm Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sperm Oil; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Sperm 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. ## India's trade performance: HSN Code 15042030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−50.00% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5588 of 12657 HSN codes - Share of Sub-Chapter 1504: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 1504: #6 of 8 by export value ### Key metrics - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +100.00% in FY 2023-24 - Contribution to Sub-Ch. 1504: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15042030 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.34% | Nil | 0.0000% | — | 0.00% | +0.07 | #9687 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −85.71% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #10292 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.02 | #10338 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −50.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #10437 | ## Key trade insights: HSN Code 15042030 export-import analysis ### Export snapshot for HSN Code 15042030 India exported ₹0.01 Crore worth of Sperm Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 15042030 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15042030 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 1504, it ranks #6 of 8. By trade surplus, it ranks #5588 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 15042030 exports The strongest single-year export movement for HSN Code 15042030 was recorded in FY 2023-24, when exports surged by 100.00% over the prior year. ### India maintains a trade surplus of ₹0.01 Crore in HSN Code 15042030 goods In FY 2024-25, India's exports of ₹0.01 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude. ### HSN Code 15042030 contributes 0.00% of Sub-Chapter 1504 exports — ranked #6 Among the 8 HSN codes under Sub-Chapter 1504, HSN Code 15042030 ranks #6 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](https://busy.in/hsn/hsn-15041010/) | < ₹1 Crore | | #5 | [HSN Code 15041099: Fish liver oils, other](https://busy.in/hsn/hsn-15041099/) | < ₹1 Crore | | #6 | HSN Code 15042030: Sperm Oil (this hsn code) | < ₹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 |