HSN Code 15121110: Sunflower Seed Crude Oil

HSN Code 15121110 represents Sunflower Seed Crude Oil under GST classification. This code helps businesses identify Sunflower Seed Crude Oil correctly for billing, taxation, and trade. With HSN Code 15121110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sunflower Seed Crude Oil.

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Description of Goods for HSN Code 15121110

HSN Code 15121110 relates to the following description.

Description of Goods

Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil

Chapter

15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1512 - Palm oil and its fractions, whether or not refined, but not chemically modified

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15121110 not include?

Sunflower Seed Crude Oil does not include products with the following descriptions.

HSN Code 15121120

Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil)

HSN Code 15121910

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade

HSN Code 15121920

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)

HSN Code 15121930

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade

HSN Code 15121940

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade

HSN Code 15122100

Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed

India’s Trade Performance — HSN Code 15121110 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

₹2 Cr

+117.57% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹30,988 Cr

+17.74% vs FY 2023-24

0.5100% of India’s total imports

Trade Balance

FY 2024-25

−₹30,986 Cr

Trade Deficit

Surplus rank #12638 of 12657 HSN codes

% of Sub-Chapter 1512

FY 2024-25

0.49%

Share of Sub-Chapter 1512’s total exports in FY 2024-25

Import side: 98.50% of Sub-Chapter 1512’s imports

Rank Within Sub-Chapter 1512

FY 2024-25

#6 of 10

Position by export value among HSN codes in Sub-Chapter 1512

Import-side rank: #1 of 10

At a glance

#7796

National Export Rank

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

+1,04,900.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.49%

Contribution to Sub-Ch. 1512

Share of Sub-Chapter 1512 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15121110

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

−13,655.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1512

Imports

13,655.12 ₹ Cr

0.3809% share

— YoY

99.80% of Sub-Ch. 1512

FY 2019-20

Balance

−13,415.49

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1512

Imports

13,415.49 ₹ Cr

0.4007% share

−1.75% YoY

99.53% of Sub-Ch. 1512

FY 2020-21 Exp. Rank #9985

Balance

−14,583.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 1512

Imports

14,583.15 ₹ Cr

0.5005% share

+8.70% YoY

99.32% of Sub-Ch. 1512

FY 2021-22 Exp. Rank #5421

Balance

−21,466.98

Exports

10.50 ₹ Cr

0.0003% share

+1,04,900.00% YoY

10.23% of Sub-Ch. 1512

Imports

21,477.48 ₹ Cr

0.4699% share

+47.28% YoY

98.07% of Sub-Ch. 1512

FY 2022-23 Exp. Rank #8644

Balance

−25,185.87

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.05% YoY

0.43% of Sub-Ch. 1512

Imports

25,186.39 ₹ Cr

0.4381% share

+17.27% YoY

99.53% of Sub-Ch. 1512

FY 2023-24 Exp. Rank #8500

Balance

−26,318.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+42.31% YoY

0.36% of Sub-Ch. 1512

Imports

26,318.81 ₹ Cr

0.4687% share

+4.50% YoY

99.87% of Sub-Ch. 1512

FY 2024-25 Exp. Rank #7796

Balance

−30,985.91

Exports

1.61 ₹ Cr

0.0000% share

+117.57% YoY

0.49% of Sub-Ch. 1512

Imports

30,987.52 ₹ Cr

0.5100% share

+17.74% YoY

98.50% of Sub-Ch. 1512

CAGR · 7-Year

Exports

—

Imports

14.63% /yr

Consistently Deficit
Sub-Chapter 1512 total

reference, FY 2024-25

Export

₹329.16 Cr

Import

₹31,460.20 Cr

Trade Balance

−31,131.04

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

Key Trade Insights: HSN Code 15121110 Export-Import Analysis

Export Snapshot for HSN Code 15121110

India exported ₹1.61 Crore worth of Sunflower Seed Crude Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 15121110 Ranked #7796 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15121110 ranks #7796 out of 12657 HSN codes by total export value. Within Sub-Chapter 1512, it ranks #6 of 10. By trade surplus, it ranks #12638 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 15121110 Exports

The strongest single-year export movement for HSN Code 15121110 was recorded in FY 2021-22, when exports surged by 1,04,900.00% over the prior year.

India Records a Trade Deficit of ₹30,985.91 Crore in HSN Code 15121110 Goods

In FY 2024-25, India's imports of ₹30,987.52 Cr exceeded exports of ₹1.61 Cr, resulting in a trade deficit of ₹30,985.91 Crore — ranking #12638 of 12657 by surplus magnitude.

Import Growth of 14.63% CAGR Signals Rising Demand for Sunflower Seed Crude Oil

India's imports under HSN Code 15121110 have grown at 14.63% CAGR, reaching ₹30,987.52 Crore in FY 2024-25.

HSN Code 15121110 Contributes 0.49% of Sub-Chapter 1512 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 1512, HSN Code 15121110 ranks #6 by export value — accounting for 0.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 98.50% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15121110 and GST compliance.

What products are classified under HSN 15121110 ?

It includes Sunflower Seed Crude Oil

Can we claim ITC on inputs used to trade Sunflower Seed Crude Oil?

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 Sunflower Seed Crude Oil?

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 Sunflower Seed Crude Oil?

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 Sunflower Seed Crude Oil?

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 should mixed supplies be billed when Sunflower Seed Crude Oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sunflower Seed Crude Oil; Nil for exempt items if applicable).

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.