HSN Code 15111000 represents Crude Olive Oil & Blends under GST classification. This code helps businesses identify Crude Olive Oil & Blends correctly for billing, taxation, and trade. With HSN Code 15111000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Crude Olive Oil & Blends.
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HSN Code 15111000 relates to the following description.
Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
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
Crude oil
2.5%
2.5%
5%
0%
Description of Goods
Crude oil
Chapter
15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1511 - 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%
Crude Olive Oil & Blends does not include products with the following descriptions.
Other : Refined bleached deodorised palm oil
Other : Refined bleached deodorised palmolein
Other : Refined bleached deodorised palm stearin
Other : Other
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹53,961 Cr
0.8881% of India’s total imports
Trade Balance
FY 2024-25−₹53,961 Cr
Surplus rank #12646 of 12657 HSN codes
% of Sub-Chapter 1511
FY 2024-250.00%
Share of Sub-Chapter 1511’s total exports in FY 2024-25
Import side: 76.87% of Sub-Chapter 1511’s imports
At a glance
−100.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.00%
Contribution to Sub-Ch. 1511
Share of Sub-Chapter 1511 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
−25,751.57
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1511
Imports
25,751.57 ₹ Cr
0.7184% share
— YoY
70.30% of Sub-Ch. 1511
Balance
−25,633.14
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1511
Imports
25,633.14 ₹ Cr
0.7657% share
−0.46% YoY
70.47% of Sub-Ch. 1511
Balance
−41,992.58
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1511
Imports
41,992.58 ₹ Cr
1.4411% share
+63.82% YoY
98.23% of Sub-Ch. 1511
Balance
−57,746.24
Exports
12.00 ₹ Cr
0.0004% share
— YoY
8.04% of Sub-Ch. 1511
Imports
57,758.24 ₹ Cr
1.2637% share
+37.54% YoY
76.27% of Sub-Ch. 1511
Balance
−71,612.54
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1511
Imports
71,612.54 ₹ Cr
1.2456% share
+23.99% YoY
76.92% of Sub-Ch. 1511
Balance
−51,624.99
Exports
16.47 ₹ Cr
0.0005% share
— YoY
42.16% of Sub-Ch. 1511
Imports
51,641.46 ₹ Cr
0.9196% share
−27.89% YoY
75.78% of Sub-Ch. 1511
Balance
−53,960.87
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1511
Imports
53,960.87 ₹ Cr
0.8881% share
+4.49% YoY
76.87% of Sub-Ch. 1511
CAGR · 7-Year
Exports
—
Imports
13.12% /yr
reference, FY 2024-25
Export
₹29.57 Cr
Import
₹70,197.97 Cr
Trade Balance
−70,168.40
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.
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.
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.
India's imports under HSN Code 15111000 have grown at 13.12% CAGR, reaching ₹53,960.87 Crore in FY 2024-25.
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 15111000 and GST compliance.
It includes 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.
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).
Under HSN 15111000, Crude Olive Oil & Blends attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.