HSN Code 15042030 represents Sperm Oil under GST classification. This code helps businesses identify Sperm Oil correctly for billing, taxation, and trade. With HSN Code 15042030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sperm Oil.
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HSN Code 15042030 relates to the following description.
Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
Fats and oils and their fractions of fish, other than liver oils : Sperm oil
6%
6%
12%
0%
Description of Goods
Fats and oils and their fractions of fish, other than liver oils : Sperm 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%
Sperm Oil does not include products with the following descriptions.
Fish liver oils and their fractions : Cod liver oil
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 : Other
Fats and oils and their fractions, of marine mammals
Fish liver oils and their fractions : Cod liver oil
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 : 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 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5588 of 12657 HSN codes
% of Sub-Chapter 1504
FY 2024-250.00%
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#6 of 8
Position by export value among HSN codes in Sub-Chapter 1504
At a glance
#10437
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+100.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
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
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
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
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
Balance
+0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.34% of Sub-Ch. 1504
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1504
Balance
+0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−85.71% YoY
0.00% of Sub-Ch. 1504
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1504
Balance
+0.02
Exports
< ₹1 Crore ₹ 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
Balance
+0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.00% of Sub-Ch. 1504
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1504
reference, FY 2024-25
Export
₹403.43 Cr
Import
₹205.76 Cr
Trade Balance
+197.67
India exported ₹0.01 Crore worth of Sperm Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
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.
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.
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.
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.
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 15042030 and GST compliance.
It includes 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.
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.
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.
Under HSN 15042030, Sperm Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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).
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.