HSN Code 15093000 represents Virgin Olive Oil under GST classification. This code helps businesses identify Virgin Olive Oil correctly for billing, taxation, and trade. With HSN Code 15093000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Virgin Olive Oil.
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HSN Code 15093000 relates to the following description.
Description of Goods
Virgin olive oil
Chapter
15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1509 - ground-nut oil and its fractions, whether or not refined, but not chemically modified
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Virgin Olive Oil does not include products with the following descriptions.
Olive oil and its fractions, whether or not refined, but not chemically modified virgin
Extra virgin olive oil
Other virgin olive oils
Other : Edible grade
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7805 of 12657 HSN codes
% of Sub-Chapter 1509
FY 2024-252.92%
Share of Sub-Chapter 1509’s total exports in FY 2024-25
Import side: 0.21% of Sub-Chapter 1509’s imports
Rank Within Sub-Chapter 1509
FY 2024-25#4 of 6
Position by export value among HSN codes in Sub-Chapter 1509
Import-side rank: #4 of 6
At a glance
#9754
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+900.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
2.92%
Contribution to Sub-Ch. 1509
Share of Sub-Chapter 1509 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. 1509
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1509
Balance
−0.26
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.48% of Sub-Ch. 1509
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.09% of Sub-Ch. 1509
Balance
−0.44
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.61% of Sub-Ch. 1509
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+55.17% YoY
0.11% of Sub-Ch. 1509
Balance
−0.73
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+900.00% YoY
2.92% of Sub-Ch. 1509
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+84.44% YoY
0.21% of Sub-Ch. 1509
reference, FY 2024-25
Export
₹3.42 Cr
Import
₹404.59 Cr
Trade Balance
−401.17
India exported ₹0.10 Crore worth of Virgin Olive Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 15093000 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 1509, it ranks #4 of 6. By trade surplus, it ranks #7805 of 12657.
The strongest single-year export movement for HSN Code 15093000 was recorded in FY 2024-25, when exports surged by 900.00% over the prior year.
In FY 2024-25, India's imports of ₹0.83 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹0.73 Crore — ranking #7805 of 12657 by surplus magnitude.
Among the 6 HSN codes under Sub-Chapter 1509, HSN Code 15093000 ranks #4 by export value — accounting for 2.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.21% share (rank #4).
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 15093000 and GST compliance.
It includes Virgin Olive Oil
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Virgin Olive Oil; Nil for exempt items if applicable).
Under HSN 15093000, Virgin Olive Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.
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.