HSN Code 15119030: Other : Refined bleached deodorised palm stearin

HSN Code 15119030 represents Other : Refined bleached deodorised palm stearin under GST classification. This code helps businesses identify Other : Refined bleached deodorised palm stearin correctly for billing, taxation, and trade. With HSN Code 15119030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Refined bleached deodorised palm stearin.

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Description of Goods for HSN Code 15119030

HSN Code 15119030 relates to the following description.

Description of Goods

Other : Refined bleached deodorised palm stearin

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%

What does HSN Code 15119030 not include?

Other : Refined bleached deodorised palm stearin does not include products with the following descriptions.

India’s Trade Performance — HSN Code 15119030 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

₹7 Cr

−41.84% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹865 Cr

+78.66% vs FY 2023-24

0.0142% of India’s total imports

Trade Balance

FY 2024-25

−₹858 Cr

Trade Deficit

Surplus rank #12155 of 12657 HSN codes

% of Sub-Chapter 1511

FY 2024-25

23.27%

Share of Sub-Chapter 1511’s total exports in FY 2024-25

Import side: 1.23% of Sub-Chapter 1511’s imports

Rank Within Sub-Chapter 1511

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 1511

Import-side rank: #3 of 5

At a glance

#6243

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+163.86%

Peak Growth Year

FY 2020-21 · strongest single-year move

23.27%

Contribution to Sub-Ch. 1511

Share of Sub-Chapter 1511 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15119030

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. 1511

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1511

FY 2019-20 Exp. Rank #6700

Balance

−346.79

Exports

2.49 ₹ Cr

0.0001% share

YoY

71.76% of Sub-Ch. 1511

Imports

349.28 ₹ Cr

0.0104% share

YoY

0.96% of Sub-Ch. 1511

FY 2020-21 Exp. Rank #5599

Balance

−172.15

Exports

6.57 ₹ Cr

0.0003% share

+163.86% YoY

78.49% of Sub-Ch. 1511

Imports

178.72 ₹ Cr

0.0061% share

−48.83% YoY

0.42% of Sub-Ch. 1511

FY 2021-22 Exp. Rank #5952

Balance

−408.46

Exports

6.90 ₹ Cr

0.0002% share

+5.02% YoY

4.62% of Sub-Ch. 1511

Imports

415.36 ₹ Cr

0.0091% share

+132.41% YoY

0.55% of Sub-Ch. 1511

FY 2022-23 Exp. Rank #5527

Balance

−540.15

Exports

10.85 ₹ Cr

0.0003% share

+57.25% YoY

36.71% of Sub-Ch. 1511

Imports

551.00 ₹ Cr

0.0096% share

+32.66% YoY

0.59% of Sub-Ch. 1511

FY 2023-24 Exp. Rank #5498

Balance

−472.11

Exports

11.83 ₹ Cr

0.0003% share

+9.03% YoY

30.28% of Sub-Ch. 1511

Imports

483.94 ₹ Cr

0.0086% share

−12.17% YoY

0.71% of Sub-Ch. 1511

FY 2024-25 Exp. Rank #6243

Balance

−857.71

Exports

6.88 ₹ Cr

0.0002% share

−41.84% YoY

23.27% of Sub-Ch. 1511

Imports

864.59 ₹ Cr

0.0142% share

+78.66% YoY

1.23% of Sub-Ch. 1511

Sub-Chapter 1511 total

reference, FY 2024-25

Export

₹29.57 Cr

Import

₹70,197.97 Cr

Trade Balance

−70,168.40

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

Key Trade Insights: HSN Code 15119030 Export-Import Analysis

Export Snapshot for HSN Code 15119030

India exported ₹6.88 Crore worth of Other : Refined bleached deodorised palm stearin in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 15119030 Ranked #6243 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15119030 ranks #6243 out of 12657 HSN codes by total export value. Within Sub-Chapter 1511, it ranks #2 of 5. By trade surplus, it ranks #12155 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 15119030 Exports

The strongest single-year export movement for HSN Code 15119030 was recorded in FY 2020-21, when exports surged by 163.86% over the prior year.

India Records a Trade Deficit of ₹857.71 Crore in HSN Code 15119030 Goods

In FY 2024-25, India's imports of ₹864.59 Cr exceeded exports of ₹6.88 Cr, resulting in a trade deficit of ₹857.71 Crore — ranking #12155 of 12657 by surplus magnitude.

HSN Code 15119030 Contributes 23.27% of Sub-Chapter 1511 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 1511, HSN Code 15119030 ranks #2 by export value — accounting for 23.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.23% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15119030 and GST compliance.

What products are classified under HSN 15119030 ?

It includes Other : Refined bleached deodorised palm stearin

Can we claim ITC on inputs used to trade Other : Refined bleached deodorised palm stearin?

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.

Do e‑way bill and e‑invoice apply for Other : Refined bleached deodorised palm stearin?

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 much GST applies to Other : Refined bleached deodorised palm stearin?

Under HSN 15119030, Other : Refined bleached deodorised palm stearin attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Other : Refined bleached deodorised palm stearin?

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.

Does packaging or labelling change the GST for Other : Refined bleached deodorised palm stearin?

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.

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.