---
title: "HSN Code for Crude oil, whether or not degummed | HSN 15071000 GST Rate"
description: "Find HSN and GST Rates for 15071000 related to Crude oil, whether or not degummed with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-15071000/"
---

# HSN Code 15071000: Crude oil, whether or not degummed

- [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 1507: Soybean oil & fractions](https://busy.in/hsn/sub-chapter-1507/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Crude oil, whether or not degummed | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 15071000 ?

It includes Crude oil, whether or not degummed

### Any common misclassification issue with Crude oil, whether or not degummed?

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 Crude oil, whether or not degummed?

Under HSN 15071000, Crude oil, whether or not degummed attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

### How should mixed supplies be billed when Crude oil, whether or not degummed is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude oil, whether or not degummed; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Crude oil, whether or not degummed?

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 Crude oil, whether or not degummed?

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 15071000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹5 Cr (+21.11% YoY) — 0.0001% of India's total exports
- Imports: ₹39,451 Cr (+44.88% YoY) — 0.6493% of India's total imports
- Trade balance: −₹39,446 Cr (Deficit); surplus rank #12644 of 12657 HSN codes
- Share of Sub-Chapter 1507: 2.39% of its exports; import side 92.20%
- Rank within Sub-Chapter 1507: #2 of 3 by export value; import-side #1

### Key metrics

- National export rank: #6559 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +683.64% in FY 2023-24
- Contribution to Sub-Ch. 1507: 2.39% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 15071000

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. 1507 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1507 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | 16,372.65 | 0.4567% | — | 98.96% | −16,372.65 | — |
| FY 2019-20 | 16.30 | 0.0007% | — | 14.68% | 16,705.99 | 0.4990% | +2.04% | 96.44% | −16,689.69 | #4402 |
| FY 2020-21 | 27.56 | 0.0013% | +69.08% | 18.49% | 21,027.10 | 0.7216% | +25.87% | 90.82% | −20,999.54 | #3773 |
| FY 2021-22 | 1.12 | 0.0000% | −95.94% | 0.72% | 36,727.57 | 0.8036% | +74.67% | 88.98% | −36,726.45 | #7878 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −50.89% | 0.23% | 46,495.93 | 0.8087% | +26.60% | 98.39% | −46,495.38 | #8606 |
| FY 2023-24 | 4.31 | 0.0001% | +683.64% | 2.50% | 27,229.77 | 0.4849% | −41.44% | 99.76% | −27,225.46 | #6752 |
| FY 2024-25 | 5.22 | 0.0001% | +21.11% | 2.39% | 39,451.15 | 0.6493% | +44.88% | 92.20% | −39,445.93 | #6559 |

- CAGR (7-year): exports —/yr, imports 15.79%/yr (consistently Deficit)

## Key trade insights: HSN Code 15071000 export-import analysis

### Export snapshot for HSN Code 15071000

India exported ₹5.22 Crore worth of Crude oil, whether or not degummed in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### HSN Code 15071000 ranked #6559 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 15071000 ranks #6559 out of 12657 HSN codes by total export value. Within Sub-Chapter 1507, it ranks #2 of 3. By trade surplus, it ranks #12644 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 15071000 exports

The strongest single-year export movement for HSN Code 15071000 was recorded in FY 2023-24, when exports surged by 683.64% over the prior year.

### India records a trade deficit of ₹39,445.93 Crore in HSN Code 15071000 goods

In FY 2024-25, India's imports of ₹39,451.15 Cr exceeded exports of ₹5.22 Cr, resulting in a trade deficit of ₹39,445.93 Crore — ranking #12644 of 12657 by surplus magnitude.

### Import growth of 15.79% CAGR signals rising demand for Crude oil, whether or not degummed

India's imports under HSN Code 15071000 have grown at 15.79% CAGR, reaching ₹39,451.15 Crore in FY 2024-25.

### HSN Code 15071000 contributes 2.39% of Sub-Chapter 1507 exports — ranked #2

Among the 3 HSN codes under Sub-Chapter 1507, HSN Code 15071000 ranks #2 by export value — accounting for 2.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 92.20% share (rank #1).

## Related HSN Codes in Sub-Chapter 1507

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 15079010: Other \| Edible Grade](https://busy.in/hsn/hsn-15079010/) | ₹209 Cr |
| #2 | HSN Code 15071000: Crude oil, whether or not degummed (this hsn code) | ₹5 Cr |
| #3 | [HSN Code 15079090: Other Animal Fats and Oils (Not Chemically Modified) \| Other](https://busy.in/hsn/hsn-15079090/) | ₹5 Cr |