HSN Code 15111000 represents Crude Palm Oil and Fractions under GST classification. This code helps businesses identify Crude Palm Oil and Fractions 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 Palm Oil and Fractions.
Manage correct HSN codes and GST rates with BUSY.
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 Palm Oil and Fractions 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
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26₹80,152 Cr
1.1689% of India’s total imports
Trade Balance
FY 2025-26−₹80,151 Cr
Surplus rank #12792 of 12872 HSN codes
% of Sub-Chapter 1511
FY 2025-260.13%
Share of Sub-Chapter 1511’s total exports in FY 2025-26
Import side: 94.47% of Sub-Chapter 1511’s imports
Rank Within Sub-Chapter 1511
FY 2025-26#5 of 5
Position by export value among HSN codes in Sub-Chapter 1511
Import-side rank: #1 of 5
At a glance
#8826
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
−100.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.13%
Contribution to Sub-Ch. 1511
Share of Sub-Chapter 1511 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, 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
Balance
−80,151.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.13% of Sub-Ch. 1511
Imports
80,151.61 ₹ Cr
1.1689% share
+48.54% YoY
94.47% of Sub-Ch. 1511
CAGR · 8-Year
Exports
—
Imports
17.61% /yr
reference, FY 2025-26
Export
₹446.51 Cr
Import
₹84,839.99 Cr
Trade Balance
−84,393.48
India exported ₹0.58 Crore worth of Crude Palm Oil and Fractions in FY 2025-26. Multi-year trend data is being compiled for this hsn code.
In FY 2025-26, HSN Code 15111000 ranks #8826 out of 12872 HSN codes by total export value. Within Sub-Chapter 1511, it ranks #5 of 5. By trade surplus, it ranks #12792 of 12872.
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 2025-26, India's imports of ₹80,151.61 Cr exceeded exports of ₹0.58 Cr, resulting in a trade deficit of ₹80,151.03 Crore — ranking #12792 of 12872 by surplus magnitude.
India's imports under HSN Code 15111000 have grown at 17.61% CAGR, reaching ₹80,151.61 Crore in FY 2025-26.
Among the 5 HSN codes under Sub-Chapter 1511, HSN Code 15111000 ranks #5 by export value — accounting for 0.13% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 94.47% share (rank #1).
Clear answers to common queries about HSN Code 15111000 and GST compliance.
It includes Crude Palm Oil and Fractions
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 Palm Oil and Fractions; Nil for exempt items if applicable).
Under HSN 15111000, Crude Palm Oil and Fractions 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.