--- title: "HSN Code for Palm Oil and Its Fractions | Other | HSN 15119090 GST Rate" description: "Find HSN and GST Rates for 15119090 related to Palm Oil and Its Fractions | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15119090/" --- # HSN Code 15119090: Palm Oil and Its Fractions | Other - [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 | | --- | --- | --- | --- | --- | | Other : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15119090 ? It includes Palm Oil and Its Fractions | Other ### Do e‑way bill and e‑invoice apply for Palm Oil and Its Fractions / Other? 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. ### Any common misclassification issue with Palm Oil and Its Fractions / Other? 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 Palm Oil and Its Fractions / Other? 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. ### How much GST applies to Palm Oil and Its Fractions / Other? Under HSN 15119090, Palm Oil and Its Fractions / Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Can we claim ITC on inputs used to trade Palm Oil and Its Fractions / Other? 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. ## India's trade performance: HSN Code 15119090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+48.96% YoY) — 0.0001% of India's total exports - Imports: ₹89 Cr (+106.10% YoY) — 0.0015% of India's total imports - Trade balance: −₹85 Cr (Deficit); surplus rank #10675 of 12657 HSN codes - Share of Sub-Chapter 1511: 12.14% of its exports; import side 0.13% - Rank within Sub-Chapter 1511: #4 of 5 by export value; import-side #5 ### Key metrics - National export rank: #7003 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +178.57% in FY 2020-21 - Contribution to Sub-Ch. 1511: 12.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15119090 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% | 353.97 | 0.0099% | — | 0.97% | −353.97 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 8.07% | 335.46 | 0.0100% | −5.23% | 0.92% | −335.18 | #8609 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +178.57% | 9.32% | 2.98 | 0.0001% | −99.11% | 0.01% | −2.20 | #7869 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.52% | 99.51 | 0.0022% | +3,239.26% | 0.13% | −98.73 | #8209 | | FY 2022-23 | 1.88 | 0.0001% | +141.03% | 6.36% | 47.52 | 0.0008% | −52.25% | 0.05% | −45.64 | #7506 | | FY 2023-24 | 2.41 | 0.0001% | +28.19% | 6.17% | 43.14 | 0.0008% | −9.22% | 0.06% | −40.73 | #7383 | | FY 2024-25 | 3.59 | 0.0001% | +48.96% | 12.14% | 88.91 | 0.0015% | +106.10% | 0.13% | −85.32 | #7003 | - CAGR (7-year): exports —/yr, imports -20.57%/yr (consistently Deficit) ## Key trade insights: HSN Code 15119090 export-import analysis ### Export snapshot for HSN Code 15119090 India exported ₹3.59 Crore worth of Palm Oil and Its Fractions | Other in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 15119090 ranked #7003 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15119090 ranks #7003 out of 12657 HSN codes by total export value. Within Sub-Chapter 1511, it ranks #4 of 5. By trade surplus, it ranks #10675 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 15119090 exports The strongest single-year export movement for HSN Code 15119090 was recorded in FY 2020-21, when exports surged by 178.57% over the prior year. ### India records a trade deficit of ₹85.32 Crore in HSN Code 15119090 goods In FY 2024-25, India's imports of ₹88.91 Cr exceeded exports of ₹3.59 Cr, resulting in a trade deficit of ₹85.32 Crore — ranking #10675 of 12657 by surplus magnitude. ### Import growth of -20.57% CAGR signals stable import dependency for Palm Oil and Its Fractions | Other India's imports under HSN Code 15119090 have grown at -20.57% CAGR, reaching ₹88.91 Crore in FY 2024-25. ### HSN Code 15119090 contributes 12.14% of Sub-Chapter 1511 exports — ranked #4 Among the 5 HSN codes under Sub-Chapter 1511, HSN Code 15119090 ranks #4 by export value — accounting for 12.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #5). ## 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 (this hsn code) | ₹4 Cr | | — | [HSN Code 15111000: Crude Olive Oil & Blends](https://busy.in/hsn/hsn-15111000/) | Nil |