HSN Code 15119090 represents Palm Oil and Its Fractions | Other under GST classification. This code helps businesses identify Palm Oil and Its Fractions | Other correctly for billing, taxation, and trade. With HSN Code 15119090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Palm Oil and Its Fractions | Other.
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HSN Code 15119090 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
Other : Other
2.5%
2.5%
5%
0%
Description of Goods
Other : Other
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%
Palm Oil and Its Fractions | Other does not include products with the following descriptions.
Crude oil
Other : Refined bleached deodorised palm oil
Other : Refined bleached deodorised palmolein
Other : Refined bleached deodorised palm stearin
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹89 Cr
0.0015% of India’s total imports
Trade Balance
FY 2024-25−₹85 Cr
Surplus rank #10675 of 12657 HSN codes
% of Sub-Chapter 1511
FY 2024-2512.14%
Share of Sub-Chapter 1511’s total exports in FY 2024-25
Import side: 0.13% of Sub-Chapter 1511’s imports
Rank Within Sub-Chapter 1511
FY 2024-25#4 of 5
Position by export value among HSN codes in Sub-Chapter 1511
Import-side rank: #5 of 5
At a glance
#7003
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+178.57%
Peak Growth Year
FY 2020-21 · strongest single-year move
12.14%
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
−353.97
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1511
Imports
353.97 ₹ Cr
0.0099% share
— YoY
0.97% of Sub-Ch. 1511
Balance
−335.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
8.07% of Sub-Ch. 1511
Imports
335.46 ₹ Cr
0.0100% share
−5.23% YoY
0.92% of Sub-Ch. 1511
Balance
−2.20
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+178.57% YoY
9.32% of Sub-Ch. 1511
Imports
2.98 ₹ Cr
0.0001% share
−99.11% YoY
0.01% of Sub-Ch. 1511
Balance
−98.73
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.52% of Sub-Ch. 1511
Imports
99.51 ₹ Cr
0.0022% share
+3,239.26% YoY
0.13% of Sub-Ch. 1511
Balance
−45.64
Exports
1.88 ₹ Cr
0.0001% share
+141.03% YoY
6.36% of Sub-Ch. 1511
Imports
47.52 ₹ Cr
0.0008% share
−52.25% YoY
0.05% of Sub-Ch. 1511
Balance
−40.73
Exports
2.41 ₹ Cr
0.0001% share
+28.19% YoY
6.17% of Sub-Ch. 1511
Imports
43.14 ₹ Cr
0.0008% share
−9.22% YoY
0.06% of Sub-Ch. 1511
Balance
−85.32
Exports
3.59 ₹ Cr
0.0001% share
+48.96% YoY
12.14% of Sub-Ch. 1511
Imports
88.91 ₹ Cr
0.0015% share
+106.10% YoY
0.13% of Sub-Ch. 1511
CAGR · 7-Year
Exports
—
Imports
−20.57% /yr
reference, FY 2024-25
Export
₹29.57 Cr
Import
₹70,197.97 Cr
Trade Balance
−70,168.40
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.
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.
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.
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.
India's imports under HSN Code 15119090 have grown at −20.57% CAGR, reaching ₹88.91 Crore in FY 2024-25.
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).
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 15119090 and GST compliance.
It includes 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.
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.
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.
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.
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.