HSN Code 15101000: Crude olive pomace oil

HSN Code 15101000 represents Crude olive pomace oil under GST classification. This code helps businesses identify Crude olive pomace oil correctly for billing, taxation, and trade. With HSN Code 15101000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Crude olive pomace oil.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 15101000

HSN Code 15101000 relates to the following description.

Description of Goods

Crude olive pomace oil

Chapter

15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1510 - Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15101000 not include?

Crude olive pomace oil does not include products with the following descriptions.

HSN Code 15100010

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : crude oil

HSN Code 15100091

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : other : edible grade

HSN Code 15100099

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : other : other

India’s Trade Performance — HSN Code 15101000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹14 Cr

+38.19% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9320 of 12657 HSN codes

% of Sub-Chapter 1510

FY 2024-25

0.00%

Share of Sub-Chapter 1510’s total exports in FY 2024-25

Import side: 20.03% of Sub-Chapter 1510’s imports

India Export-Import Trade Statistics for HSN Code 15101000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

FY 2022-23

Balance

−10.42

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

10.42 ₹ Cr

0.0002% share

— YoY

14.80% of Sub-Ch. 1510

FY 2023-24

Balance

−10.37

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

10.37 ₹ Cr

0.0002% share

−0.48% YoY

16.22% of Sub-Ch. 1510

FY 2024-25

Balance

−14.33

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1510

Imports

14.33 ₹ Cr

0.0002% share

+38.19% YoY

20.03% of Sub-Ch. 1510

Sub-Chapter 1510 total

reference, FY 2024-25

Export

₹0.72 Cr

Import

₹71.53 Cr

Trade Balance

−70.81

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 15101000 Export-Import Analysis

Export Snapshot for HSN Code 15101000

India exported ₹0.00 Crore worth of Crude olive pomace oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹14.33 Crore in HSN Code 15101000 Goods

In FY 2024-25, India's imports of ₹14.33 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹14.33 Crore — ranking #9320 of 12657 by surplus magnitude.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 15101000 and GST compliance.

What products are classified under HSN 15101000 ?

It includes Crude olive pomace oil

Do e‑way bill and e‑invoice apply for Crude olive pomace 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.

How should mixed supplies be billed when Crude olive pomace oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude olive pomace oil; Nil for exempt items if applicable).

How much GST applies to Crude olive pomace oil?

Under HSN 15101000, Crude olive pomace oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Does packaging or labelling change the GST for Crude olive pomace 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.

Any common misclassification issue with Crude olive pomace 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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.