HSN Code 15081000: Crude Soybean Oil
HSN Code 15081000 represents Crude Soybean Oil under GST classification. This code helps businesses identify Crude Soybean Oil correctly for billing, taxation, and trade. With HSN Code 15081000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Crude Soybean Oil.
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Description of Goods for HSN Code 15081000
HSN Code 15081000 relates to the following description.
What does HSN Code 15081000 not include?
Crude Soybean Oil does not include products with the following descriptions.
Other : Deodorized (Salad Oil)
Other : Other : Edible grade
Other : Other : Other
India’s Trade Performance — HSN Code 15081000 in FY 2024-25
India’s Exports
FY 2024-25₹3,015 Cr
0.0819% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹3,015 Cr
Surplus rank #114 of 12657 HSN codes
% of Sub-Chapter 1508
FY 2024-2596.96%
Share of Sub-Chapter 1508’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 1508’s imports
Rank Within Sub-Chapter 1508
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 1508
At a glance
#170
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+946.73%
Peak Growth Year
FY 2020-21 · strongest single-year move
96.96%
Contribution to Sub-Ch. 1508
Share of Sub-Chapter 1508 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 15081000
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. 1508
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1508
Balance
+288.25
Exports
288.26 ₹ Cr
0.0131% share
— YoY
72.83% of Sub-Ch. 1508
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.30% of Sub-Ch. 1508
Balance
+3,017.30
Exports
3,017.31 ₹ Cr
0.1403% share
+946.73% YoY
88.81% of Sub-Ch. 1508
Imports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.81% of Sub-Ch. 1508
Balance
+244.07
Exports
247.27 ₹ Cr
0.0079% share
−91.81% YoY
83.24% of Sub-Ch. 1508
Imports
3.20 ₹ Cr
0.0001% share
+31,900.00% YoY
80.00% of Sub-Ch. 1508
Balance
+1,872.71
Exports
1,872.71 ₹ Cr
0.0517% share
+657.35% YoY
95.19% of Sub-Ch. 1508
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1508
Balance
+1,795.34
Exports
1,799.07 ₹ Cr
0.0497% share
−3.93% YoY
95.33% of Sub-Ch. 1508
Imports
3.73 ₹ Cr
0.0001% share
— YoY
75.97% of Sub-Ch. 1508
Balance
+3,014.84
Exports
3,014.84 ₹ Cr
0.0819% share
+67.58% YoY
96.96% of Sub-Ch. 1508
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1508
reference, FY 2024-25
Export
₹3,109.47 Cr
Import
₹1.70 Cr
Trade Balance
+3,107.77
Key Trade Insights: HSN Code 15081000 Export-Import Analysis
Export Snapshot for HSN Code 15081000
India exported ₹3,014.84 Crore worth of Crude Soybean Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 15081000 Ranked #170 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 15081000 ranks #170 out of 12657 HSN codes by total export value. Within Sub-Chapter 1508, it ranks #1 of 4. By trade surplus, it ranks #114 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 15081000 Exports
The strongest single-year export movement for HSN Code 15081000 was recorded in FY 2020-21, when exports surged by 946.73% over the prior year.
India Maintains a Trade Surplus of ₹3,014.84 Crore in HSN Code 15081000 Goods
In FY 2024-25, India's exports of ₹3,014.84 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹3,014.84 Crore — ranking #114 of 12657 by surplus magnitude.
HSN Code 15081000 Contributes 96.96% of Sub-Chapter 1508 Exports — Ranked #1
Among the 4 HSN codes under Sub-Chapter 1508, HSN Code 15081000 ranks #1 by export value — accounting for 96.96% 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 15081000 and GST compliance.
What products are classified under HSN 15081000 ?
It includes Crude Soybean Oil
Any common misclassification issue with Crude Soybean 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.
How should mixed supplies be billed when Crude Soybean Oil is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude Soybean Oil; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Crude Soybean 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.
Does packaging or labelling change the GST for Crude Soybean 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.
Can we claim ITC on inputs used to trade Crude Soybean 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.