HSN Code 15094000 represents Other Virgin Olive Oils under GST classification. This code helps businesses identify Other Virgin Olive Oils correctly for billing, taxation, and trade. With HSN Code 15094000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Virgin Olive Oils.
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HSN Code 15094000 relates to the following description.
Description of Goods
Other virgin olive oils
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%
Other Virgin Olive Oils 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
Virgin olive oil
Other : Edible grade
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5519 of 12657 HSN codes
% of Sub-Chapter 1509
FY 2024-250.58%
Share of Sub-Chapter 1509’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 1509’s imports
Rank Within Sub-Chapter 1509
FY 2024-25#5 of 6
Position by export value among HSN codes in Sub-Chapter 1509
At a glance
#10305
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+100.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.58%
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
−0.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.49% of Sub-Ch. 1509
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 1509
Balance
−1.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.61% of Sub-Ch. 1509
Imports
1.19 ₹ Cr
0.0000% share
+2,280.00% YoY
0.30% of Sub-Ch. 1509
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.58% of Sub-Ch. 1509
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1509
reference, FY 2024-25
Export
₹3.42 Cr
Import
₹404.59 Cr
Trade Balance
−401.17
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.
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.
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.
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.
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.
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 15094000 and GST compliance.
It includes Other Virgin Olive Oils
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).
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.
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.
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.