--- title: "HSN Code for Other Virgin Olive Oils | HSN 15094000 GST Rate" description: "Find HSN and GST Rates for 15094000 related to Other Virgin Olive Oils with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15094000/" --- # HSN Code 15094000: Other Virgin Olive Oils - [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 1509: Concentrated milk & cream](https://busy.in/hsn/sub-chapter-1509/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other virgin olive oils | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15094000 ? It includes Other Virgin Olive Oils ### How should mixed supplies be billed when Other Virgin Olive Oils is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Virgin Olive Oils; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other Virgin Olive 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. ### Any common misclassification issue with Other Virgin Olive 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. ### Can we claim ITC on inputs used to trade Other Virgin Olive 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. ### Does packaging or labelling change the GST for Other Virgin Olive Oils? 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 15094000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+100.00% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5519 of 12657 HSN codes - Share of Sub-Chapter 1509: 0.58% of its exports; import side 0.00% - Rank within Sub-Chapter 1509: #5 of 6 by export value ### Key metrics - National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +100.00% in FY 2024-25 - Contribution to Sub-Ch. 1509: 0.58% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15094000 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. 1509 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1509 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.49% | < ₹1 Crore | 0.0000% | — | 0.02% | −0.04 | #10292 | | FY 2023-24 | < ₹1 Crore | 0.0000% | 0.00% | 0.61% | 1.19 | 0.0000% | +2,280.00% | 0.30% | −1.18 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +100.00% | 0.58% | Nil | 0.0000% | −100.00% | 0.00% | +0.02 | #10305 | ## Key trade insights: HSN Code 15094000 export-import analysis ### Export snapshot for HSN Code 15094000 India exported ₹0.02 Crore worth of Other Virgin Olive Oils in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 15094000 ranked #10305 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15094000 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 1509, it ranks #5 of 6. By trade surplus, it ranks #5519 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 15094000 exports The strongest single-year export movement for HSN Code 15094000 was recorded in FY 2024-25, when exports surged by 100.00% over the prior year. ### India maintains a trade surplus of ₹0.02 Crore in HSN Code 15094000 goods In FY 2024-25, India's exports of ₹0.02 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.02 Crore — ranking #5519 of 12657 by surplus magnitude. ### HSN Code 15094000 contributes 0.58% of Sub-Chapter 1509 exports — ranked #5 Among the 6 HSN codes under Sub-Chapter 1509, HSN Code 15094000 ranks #5 by export value — accounting for 0.58% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 1509 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15099010: Other \| Edible Grade](https://busy.in/hsn/hsn-15099010/) | ₹2 Cr | | #2 | [HSN Code 15099090: Groundnut Oils and Fractions \| Other](https://busy.in/hsn/hsn-15099090/) | < ₹1 Crore | | #3 | [HSN Code 15092000: Extra Virgin Olive Oil](https://busy.in/hsn/hsn-15092000/) | < ₹1 Crore | | #4 | [HSN Code 15093000: Virgin Olive Oil](https://busy.in/hsn/hsn-15093000/) | < ₹1 Crore | | #5 | HSN Code 15094000: Other Virgin Olive Oils (this hsn code) | < ₹1 Crore | | — | [HSN Code 15091000: Other Olive Oils: Crude Oil](https://busy.in/hsn/hsn-15091000/) | Nil |