HSN Code 15121120 represents Safflower seed oil (kardi seed oil), crude under GST classification. This code helps businesses identify Safflower seed oil (kardi seed oil), crude correctly for billing, taxation, and trade. With HSN Code 15121120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Safflower seed oil (kardi seed oil), crude.
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HSN Code 15121120 relates to the following description.
Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Palm oil and its fractions, whether or not refined, but not chemically modified
Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil)
2.5%
2.5%
5%
0%
Description of Goods
Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi 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%
Safflower seed oil (kardi seed oil), crude does not include products with the following descriptions.
Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Other
Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed
Cotton-seed oil and its fractions : other : Edible grade
Cotton-seed oil and its fractions : Other : Other
Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Other
Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed
Cotton-seed oil and its fractions : other : Edible grade
Cotton-seed oil and its fractions : Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5067 of 12657 HSN codes
% of Sub-Chapter 1512
FY 2024-250.06%
Share of Sub-Chapter 1512’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 1512’s imports
Rank Within Sub-Chapter 1512
FY 2024-25#8 of 10
Position by export value among HSN codes in Sub-Chapter 1512
At a glance
#9395
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+87.50%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.06%
Contribution to Sub-Ch. 1512
Share of Sub-Chapter 1512 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
−5.08
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Imports
5.08 ₹ Cr
0.0001% share
— YoY
0.04% of Sub-Ch. 1512
Balance
−22.72
Exports
11.21 ₹ Cr
0.0005% share
— YoY
27.76% of Sub-Ch. 1512
Imports
33.93 ₹ Cr
0.0010% share
+567.91% YoY
0.25% of Sub-Ch. 1512
Balance
+4.99
Exports
5.05 ₹ Cr
0.0002% share
−54.95% YoY
10.39% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.82% YoY
0.00% of Sub-Ch. 1512
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−98.61% YoY
0.07% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−33.33% YoY
0.00% of Sub-Ch. 1512
Balance
−0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+14.29% YoY
0.07% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+225.00% YoY
0.00% of Sub-Ch. 1512
Balance
+0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+87.50% YoY
0.07% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−69.23% YoY
0.00% of Sub-Ch. 1512
Balance
+0.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+40.00% YoY
0.06% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1512
reference, FY 2024-25
Export
₹329.16 Cr
Import
₹31,460.20 Cr
Trade Balance
−31,131.04
India exported ₹0.21 Crore worth of Safflower seed oil (kardi seed oil), crude in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 15121120 ranks #9395 out of 12657 HSN codes by total export value. Within Sub-Chapter 1512, it ranks #8 of 10. By trade surplus, it ranks #5067 of 12657.
The strongest single-year export movement for HSN Code 15121120 was recorded in FY 2023-24, when exports surged by 87.50% over the prior year.
In FY 2024-25, India's exports of ₹0.21 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.21 Crore — ranking #5067 of 12657 by surplus magnitude.
Among the 10 HSN codes under Sub-Chapter 1512, HSN Code 15121120 ranks #8 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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 15121120 and GST compliance.
It includes Safflower seed oil (kardi seed oil), crude
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.
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.
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 15121120, Safflower seed oil (kardi seed oil), crude attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.