HSN Code 15042090: Other Fish Oils

HSN Code 15042090 represents Other Fish Oils under GST classification. This code helps businesses identify Other Fish Oils correctly for billing, taxation, and trade. With HSN Code 15042090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Fish Oils.

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Description of Goods for HSN Code 15042090

HSN Code 15042090 relates to the following description.

Description of Goods

Fats and oils and their fractions of fish, other than liver oils : 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 15042090 not include?

Other Fish Oils 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 15042090 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

₹5 Cr

+2,062.50% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹5 Cr

Trade Surplus

Surplus rank #3701 of 12657 HSN codes

% of Sub-Chapter 1504

FY 2024-25

1.29%

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

#3 of 8

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

At a glance

33.67%

Export CAGR

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

#6570

National Export Rank

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

+2,062.50%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.29%

Contribution to Sub-Ch. 1504

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

India Export-Import Trade Statistics for HSN Code 15042090

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 #7712

Balance

+0.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.76% of Sub-Ch. 1504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.42% of Sub-Ch. 1504

FY 2019-20 Exp. Rank #7468

Balance

+1.15

Exports

1.15 ₹ Cr

0.0001% share

+26.37% YoY

5.71% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1504

FY 2020-21 Exp. Rank #5923

Balance

+5.06

Exports

5.07 ₹ Cr

0.0002% share

+340.87% YoY

68.70% of Sub-Ch. 1504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 1504

FY 2021-22 Exp. Rank #7913

Balance

−0.50

Exports

1.07 ₹ Cr

0.0000% share

−78.90% YoY

5.21% of Sub-Ch. 1504

Imports

1.57 ₹ Cr

0.0000% share

+15,600.00% YoY

1.40% of Sub-Ch. 1504

FY 2022-23 Exp. Rank #6318

Balance

+5.67

Exports

5.69 ₹ Cr

0.0002% share

+431.78% YoY

0.57% of Sub-Ch. 1504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.73% YoY

0.02% of Sub-Ch. 1504

FY 2023-24 Exp. Rank #9327

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.78% YoY

0.04% of Sub-Ch. 1504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.02% of Sub-Ch. 1504

FY 2024-25 Exp. Rank #6570

Balance

+5.19

Exports

5.19 ₹ Cr

0.0001% share

+2,062.50% YoY

1.29% of Sub-Ch. 1504

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1504

CAGR · 7-Year

Exports

33.67% /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 15042090 Export-Import Analysis

Consistent Export Growth: 33.67% CAGR Over 7 Years

India's exports under HSN Code 15042090 have grown at a compound annual rate of 33.67% over 7 fiscal years, rising from ₹0.91 Crore in FY 2018-19 to ₹5.19 Crore in FY 2024-25.

HSN Code 15042090 Ranked #6570 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15042090 ranks #6570 out of 12657 HSN codes by total export value. Within Sub-Chapter 1504, it ranks #3 of 8. By trade surplus, it ranks #3701 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15042090 Exports

The strongest single-year export movement for HSN Code 15042090 was recorded in FY 2024-25, when exports surged by 2,062.50% over the prior year.

India Maintains a Trade Surplus of ₹5.19 Crore in HSN Code 15042090 Goods

In FY 2024-25, India's exports of ₹5.19 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹5.19 Crore — ranking #3701 of 12657 by surplus magnitude.

HSN Code 15042090 Contributes 1.29% of Sub-Chapter 1504 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 1504, HSN Code 15042090 ranks #3 by export value — accounting for 1.29% 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 15042090 and GST compliance.

What products are classified under HSN 15042090 ?

It includes Other Fish Oils

Do e‑way bill and e‑invoice apply for Other Fish Oils?

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.

Can we claim ITC on inputs used to trade Other Fish Oils?

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 should mixed supplies be billed when Other Fish Oils is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Fish Oils; Nil for exempt items if applicable).

Any common misclassification issue with Other Fish Oils?

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.

How much GST applies to Other Fish Oils?

Under HSN 15042090, Other Fish Oils 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.