---
title: "HSN Code for Crude Olive Oil & Blends | HSN 15111000 GST Rate"
description: "Find HSN and GST Rates for 15111000 related to Crude Olive Oil & Blends with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-15111000/"
---

# HSN Code 15111000: Crude Olive Oil & Blends

- [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 1511: Palm oil](https://busy.in/hsn/sub-chapter-1511/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Crude oil | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 15111000 ?

It includes Crude Olive Oil & Blends

### Any common misclassification issue with Crude Olive Oil & Blends?

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 Olive Oil & Blends is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude Olive Oil & Blends; Nil for exempt items if applicable).

### How much GST applies to Crude Olive Oil & Blends?

Under HSN 15111000, Crude Olive Oil & Blends attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

### Do e‑way bill and e‑invoice apply for Crude Olive Oil & Blends?

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 Olive Oil & Blends?

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 15111000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports
- Imports: ₹53,961 Cr (+4.49% YoY) — 0.8881% of India's total imports
- Trade balance: −₹53,961 Cr (Deficit); surplus rank #12646 of 12657 HSN codes
- Share of Sub-Chapter 1511: 0.00% of its exports; import side 76.87%

### Key metrics

- Peak growth year: −100.00% in FY 2022-23
- Contribution to Sub-Ch. 1511: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 15111000

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. 1511 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1511 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | 25,751.57 | 0.7184% | — | 70.30% | −25,751.57 | — |
| FY 2019-20 | Nil | 0.0000% | — | 0.00% | 25,633.14 | 0.7657% | −0.46% | 70.47% | −25,633.14 | — |
| FY 2020-21 | Nil | 0.0000% | — | 0.00% | 41,992.58 | 1.4411% | +63.82% | 98.23% | −41,992.58 | — |
| FY 2021-22 | 12.00 | 0.0004% | — | 8.04% | 57,758.24 | 1.2637% | +37.54% | 76.27% | −57,746.24 | #5249 |
| FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 71,612.54 | 1.2456% | +23.99% | 76.92% | −71,612.54 | — |
| FY 2023-24 | 16.47 | 0.0005% | — | 42.16% | 51,641.46 | 0.9196% | −27.89% | 75.78% | −51,624.99 | #5040 |
| FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 53,960.87 | 0.8881% | +4.49% | 76.87% | −53,960.87 | — |

- CAGR (7-year): exports —/yr, imports 13.12%/yr (consistently Deficit)

## Key trade insights: HSN Code 15111000 export-import analysis

### Export snapshot for HSN Code 15111000

India exported ₹0.00 Crore worth of Crude Olive Oil & Blends in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### FY 2022-23 was the strongest growth year for HSN Code 15111000 exports

The strongest single-year export movement for HSN Code 15111000 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year.

### India records a trade deficit of ₹53,960.87 Crore in HSN Code 15111000 goods

In FY 2024-25, India's imports of ₹53,960.87 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹53,960.87 Crore — ranking #12646 of 12657 by surplus magnitude.

### Import growth of 13.12% CAGR signals rising demand for Crude Olive Oil & Blends

India's imports under HSN Code 15111000 have grown at 13.12% CAGR, reaching ₹53,960.87 Crore in FY 2024-25.

## Related HSN Codes in Sub-Chapter 1511

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 15119020: Refined bleached deodorised palmolein](https://busy.in/hsn/hsn-15119020/) | ₹13 Cr |
| #2 | [HSN Code 15119030: Other : Refined bleached deodorised palm stearin](https://busy.in/hsn/hsn-15119030/) | ₹7 Cr |
| #3 | [HSN Code 15119010: Other : Refined bleached deodorised palm oil](https://busy.in/hsn/hsn-15119010/) | ₹6 Cr |
| #4 | [HSN Code 15119090: Palm Oil and Its Fractions \| Other](https://busy.in/hsn/hsn-15119090/) | ₹4 Cr |
| — | HSN Code 15111000: Crude Olive Oil & Blends (this hsn code) | Nil |